Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    001 S Durango Drive Bolivar, MO 65613

    View on Map
    Claim this Listing
    For Sale
    $255,000

    COMMERCIAL - Bolivar, MO

    Lot size:
    2.23 Acres
    Added:
    Jan 29, 2025
    Days on Market:
    463
    Last Refresh:
    May 7 at 4:06 am

    Property Features for 001 S Durango Drive

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    110614000000139000
    Lot size
    2.23 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    36

    Utilities

    Utilities
    Water Available

    We can help!

    Listing Contact
    Payton Cribbs

    Listing agent Payton Cribbs License #2024003156

    Listing office Billy Bruce Realty 1326 W Broadway, Bolivar, MO

    Listing date Jan 29, 2025

    MLS# 60286052 Listing URL

    Copyright © 2026 Southern Missouri Regional MLS, LLC (SOMO). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime location off Highway 13 in a high‑traffic area.
    • Situated next to Freddie's restaurant and a new truck stop.
    • Utilities (electric, water, and sewer) are available.
    • Located near a rapidly expanding residential subdivision.
    • Suitable for retail, office, or service businesses.
    • Additional lots available for future expansion.

    Overview

    Prime Commercial Land Opportunity

    This 2.23-acre commercial property is located off Highway 13, next to Freddie's restaurant, a new truck stop, and a growing residential subdivision. The high-traffic location offers visibility and accessibility, making it suitable for retail, office, or service businesses. The property includes electric, water, and sewer utilities. Additional lots are available for future expansion or development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bolivar
    County
    Polk
    State
    Missouri
    Longitude
    -93.426635
    Latitude
    37.596458

    Nearby Similar for Sale

    • $525,000

      Bolivar Commercial Property For Sale

      Versatile commercial building with high visibility and accessibility.
      1114 W Broadway Street, Bolivar, MO 65613
      View Details
    • $695,000

      Versatile Commercial Property in Bolivar

      Flexible commercial space with office and potential industrial uses.
      4736 S 131st Road, Bolivar, MO 65613
      View Details
    • $2,000,000

      Turnkey Auto Dealership For Sale

      Auto dealership in high traffic area outside city limits.
      3111 S Springfield Avenue, Bolivar, MO 65613
      View Details
    • $625,000

      Established Auto Repair Business Opportunity

      Well-established auto repair business and property for sale in Bolivar.
      1114 W Broadway Street, Bolivar, MO 65613
      View Details
    • $1,138,000

      Prime Commercial Land Opportunity

      High-visibility land suitable for retail, service, or development projects.
      3916 S Springfield Avenue, Bolivar, MO 65613
      View Details
    • $789,705

      Bolivar Acreage with Development Potential

      75+ acres with development potential in high-demand Bolivar location.
      004 E Mount Gilead Road, Bolivar, MO 65613
      View Details
    • $658,920

      Bolivar Land Investment Opportunity

      55 acres with development potential in high-demand Bolivar location.
      002 E Mount Gilead Road, Bolivar, MO 65613
      View Details
    • $65,000

      Cleared Land in High-Visibility Location

      Under one acre of cleared land in growing business district.
      W Broadway Street, Bolivar, MO 65613
      View Details
    • $149,900

      Commercial Lots in Bolivar, MO

      Prime commercial lots near Springfield Ave with high visibility.
      006 S Gary Avenue, Bolivar, MO 65613
      View Details
    • $149,900

      Commercial Lots off Springfield Ave

      Prime commercial lots near major retailers and dining.
      004 S Gary Avenue, Bolivar, MO 65613
      View Details
    • $149,900

      Commercial Lots Off Springfield Ave

      Prime commercial lots near major retailers and dining.
      007 S Gary Avenue, Bolivar, MO 65613
      View Details
    • $149,900

      Commercial Lots in Bolivar, MO

      Prime commercial lots with high visibility and convenient location.
      005 S Gary Avenue, Bolivar, MO 65613
      View Details

    FAQs

    What type of property is this?
    Commercial land - 2.23 acre commercial property with utilities in high-traffic area.
    Where is this commercial land located?
    The property is located at 001 S Durango Drive Bolivar, MO.
    What is the asking price?
    The asking price for this property is $255,000.
    What are key features of this property?
    This property features: Prime location off Highway 13 in a high‑traffic area.; Situated next to Freddie's restaurant and a new truck stop.; Utilities (electric, water, and sewer) are available.
    (417) 770-7494
    We can help!
    Listing Contact
    Payton Cribbs
    Real Estate License ID: 2024003156
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    001 S Durango Drive, Bolivar, MO 65613
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!