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

    Lot 14 Park Street Monroe City, MO 63456

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Land - Monroe City, MO

    Lot size:
    0.21 Acres
    Added:
    Apr 1, 2026
    Days on Market:
    36
    Last Refresh:
    May 6 at 2:06 pm

    Property Features for Lot 14 Park Street

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Residential
    Exterior features
    Level
    Standard status
    Active
    APN
    TBD
    Lot size
    0.21 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Aaron Peters

    Listing agent Aaron Peters License #2024010939

    Listing office Century 21 Broughton Team 3817 McMasters Ave., Suite 100, Hannibal, MO

    Listing date Apr 1, 2026

    MLS# 25060529 Listing URL

    Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Opportunity to build a custom dream home.
    • Suitable for building a spec home.
    • Located in a well‑established neighborhood in Monroe City.
    • Potential for a real estate project.
    • Level lot.
    • Seller willing to sell neighboring parcels together.

    Overview

    Residential Land in Monroe City

    This residential land is located in a well-established neighborhood in Monroe City. The lot offers an opportunity for building a dream home or a spec home. The property is 0.21 acres in size. The seller is willing to sell both parcels of land neighboring each other, presenting a combined opportunity. This location is suitable for planting roots and establishing a home.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Monroe City
    County
    Monroe
    State
    Missouri
    Longitude
    -91.734052
    Latitude
    39.6494

    Nearby Similar for Sale

    • $1,000,000
      2,863 SF

      Monroe City Commercial Opportunity

      Versatile commercial property with potential for various business ventures.
      43937 Highway 36, Monroe City, MO 63456
      View Details
    • $698,640

      71 Acres Near Mark Twain Lake

      Land with income potential near Mark Twain Lake.
      0 Route N, Monroe City, MO 63456
      View Details
    • $149,000

      Land Near Mark Twain Lake

      3.9-acre property with RV pads near Mark Twain Lake.
      11 Walker Way, Monroe City, MO 63456
      View Details
    • $75,000

      Highway Frontage Near Mark Twain Lake

      5.24 acres of commercial land near Mark Twain Lake.
      0 Highway 24, Monroe City, MO 63456
      View Details
    • $79,900

      Unrestricted Acreage Near Mark Twain

      Acreage near Mark Twain Lake with utilities available.
      1 Running Deer, Monroe City, MO 63456
      View Details
    • $79,900

      Unrestricted Acreage Near Mark Twain

      Acreage near Mark Twain Lake with utilities at the road.
      2 Running Deer, Monroe City, MO 63456
      View Details
    • $14,850

      Residential Land in Monroe City

      Residential land available in an established Monroe City neighborhood.
      Lot 15 Park Street, Monroe City, MO 63456
      View Details
    • $179,000

      Unrestricted Gated Acres Near Mark Twain

      3 acres with RV pads near Mark Twain Lake.
      18861 Lambeau Trail, Monroe City, MO 63456
      View Details
    • $115,000

      Mark Twain Lake Dream Getaway

      4 acre tract near Mark Twain Lake, Monroe City, MO.
      A River Valley Trail, Monroe City, MO 63456
      View Details
    • $84,900

      Unrestricted Land Near Mark Twain

      Unrestricted acreage near Mark Twain Lake with utilities available.
      6 Turkey Roost Trail, Monroe City, MO 63456
      View Details
    • $551,000

      Marion County Income-Producing Hunting Farm

      76-acre farm with income potential and recreational opportunity.
      76 Acres County Road 249, Monroe City, MO 63456
      View Details
    • $84,900

      Unrestricted Land Near Mark Twain

      Unrestricted acreage near Mark Twain Lake with utilities available.
      5 Turkey Roost Trail, Monroe City, MO 63456
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Residential land available in an established Monroe City neighborhood.
    Where is this residential land & home lot located?
    The property is located at Lot 14 Park Street Monroe City, MO.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Opportunity to build a custom dream home.; Suitable for building a spec home.; Located in a well‑established neighborhood in Monroe City.
    (573) 822-7383
    We can help!
    Listing Contact
    Aaron Peters
    Real Estate License ID: 2024010939
    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
    Lot 14 Park Street, Monroe City, MO 63456
    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!