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    Solid Brick Building in Anderson Title is generated by Realmo AI

    102 N Walnut Street, Anderson, MO 64831

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    Claim this Listing
    For Sale
    $139,000

    SINGLE_FAMILY - Anderson, MO

    Type:Retail
    Property size:
    3,465 SF
    Lot size:
    0.12 Acres
    Price / SF:
    $40/SF
    Added:
    Nov 26, 2024
    Days on Market:
    557
    Last Refresh:
    Jun 6 at 10:06 am

    Property Features for 102 N Walnut Street

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    APN
    08-1.0-12-004-001-005.001
    Size
    3,465 SF
    Lot size
    0.12 Acres

    Taxes and HOA fees

    Tax Description
    S/T/R: 12/22/33
    Tax Annual Amount
    1039

    Building Details

    Year built
    1950

    We can help!

    Listing Contact
    Gloria Ross

    Listing agent Gloria Ross License #1999020132

    Listing office National Realty 116 Rhine Street, Pineville, MO

    Listing date Nov 26, 2024

    MLS# 1292792

    Copyright © 2026 ArkansasONE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Excellent business location at the end of Main Street, just off Highway 59 in Anderson, MO, providing high visibility and accessibility.
    • Solid brick and block construction with all city utilities, central heat and air, and recent major improvements, ensuring durability and modern functionality.
    • Spacious building with a separate 16 x 28 room with its own street entry, ideal for a second business office or rental income.
    • Includes a large walk‑in cooler, suitable for various business types or potential conversion.
    • Priced under $80 per square foot, significantly lower than new construction costs, offering exceptional value.
    • Conveniently located near Indian Creek and Town Hole Park, and offers easy access to Bentonville, AR and Joplin, MO via I‑49.

    Overview

    Located just off Highway 59 at the end of Main Street in Anderson, Missouri, this solid brick and block building offers a versatile space suitable for various business endeavors or conversion into living quarters. The property benefits from all city utilities and features central heat and air, along with several major improvements completed in recent years. Previously used as a floral business, the spacious building includes a 16 x 28 room with a separate street entrance, ideal for a business office. Additional features include a one-car attached garage, a half bath, and a large walk-in cooler. Situated on a 0.12-acre lot, the property is conveniently located just a block from Indian Creek and Town Hole Park. Its location provides easy access to Bentonville, Arkansas, and Joplin, Missouri, via I-49. The property contains 3,465 square feet. This location is 25 miles north of Walmart headquarters in Northwest Arkansas.
    Property Profile Location Intelligence

    Current Use by Public Records

    Andersons Floral and Gifts (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Pharmacy Hotel & Motel

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

    Similar Places Nearby

    • The Poppy Shop Floral and Gifts — 100 W Main St, Anderson, MO 64831

    Location Insight

    • Map
    • Local Demand
    City
    Anderson
    County
    McDonald
    State
    Missouri
    Longitude
    -94.440766
    Latitude
    36.651046

    Nearby Similar for Sale

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      1,170 SF

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      300 Jefferson Street, Anderson, MO 64831
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    • $139,000

      Solid Brick Building in Anderson

      Versatile commercial building in Anderson, Missouri, suitable for various uses.
      102 N Walnut Street, Anderson, MO 64831
      View Details
    • $97,500

      Operating Auto Repair Store

      Operational tire and light automotive repair store in Anderson, MO.
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    FAQs

    What type of property is this?
    Storefront property - Versatile commercial building in Anderson, Missouri, suitable for various uses.
    Where is this storefront property located?
    The property is located at 102 N Walnut Street Anderson, MO.
    What is the asking price?
    The asking price for this property is $139,000.
    What are key features of this property?
    This property features: Excellent business location at the end of Main Street, just off Highway 59 in Anderson, MO, providing high visibility and accessibility.; Solid brick and block construction with all city utilities, central heat and air, and recent major improvements, ensuring durability and modern functionality.; Spacious building with a separate 16 x 28 room with its own street entry, ideal for a second business office or rental income.
    (479) 640-8038
    We can help!
    Listing Contact
    Gloria Ross
    Real Estate License ID: 1999020132
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    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.

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