Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    162 Hobbs Rd Anderson, MO 64831

    Sponsored
    For Sale
    $225,000

    LAND - Anderson, MO

    Lot size:
    2.00 Acres
    Days on Market:
    49
    Last Refresh:
    Jan 29 at 11:06 am

    Property Features for 162 Hobbs Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    08-6.0-14-000-000-006.000
    Fencing
    Partial, Barbed Wire
    Lot size
    2.00 Acres

    Building Details

    Additional Structures
    Storage

    We can help!

    Listing Contact
    Christine Sanford
    Christine Sanford

    ReeceNichols - Neosho (417) 451-4155

    Listing agent Christine Sanford (417) 389-4142 License #2000156917

    Listing date Dec 12, 2025

    MLS# 256818

    Copyright © 2026 Ozark Gateway Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Land with Metal Shop

    This property, situated in a rural location, offers a metal shop measuring 48x104 with a concrete floor and electric. Several outbuildings are also present, including structures measuring 24x32, 32x70, 8x10, and 14x24. A separate entrance is available, and there is space to add a home. Rural water is accessible on Bunch and Hobbs Roads. The property benefits from paved road access. The lot size is 2 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Storage Facility Tattoo & Piercing Shop

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

    Similar Places Nearby

    Airport mini storage

    Location Insight

    • Map
    • Local Demand
    City
    Anderson
    County
    McDonald
    State
    Missouri
    Longitude
    -94.475226
    Latitude
    36.643639

    Nearby Similar for Sale

    • $230,000
      0.10 Acres

      Versatile Commercial Building in Anderson

      Spacious building suitable for retail, office, or studio apartment.
      102 N Walnut St, Anderson, MO 64831
      View Details
    • $230,000
      3,465 SF

      Spacious Retail Space in Anderson

      Large commercial space with city utilities and recent upgrades.
      102 N Walnut St, Anderson, MO 64831
      View Details
    • $349,000
      40.39 Acres

      Anderson, MO Mixed-Use Acreage

      40+ acres near I-49, ideal for horses and wildlife.
      3535 Peach Orchard Rd, Anderson, MO 64831
      View Details
    • $120,000
      691 SF

      Renovated Mixed-Use Property, Anderson

      Versatile renovated property in downtown Anderson with retail and living space.
      101/103 W Main St, Anderson, MO 64831
      View Details
    • $230,000

      Versatile Commercial Building in Anderson

      Spacious commercial building with potential for various business uses.
      102 N Walnut St, Anderson, MO 64831
      View Details
    • $950,000
      1,020 SF

      Square 160-Acre Farm in Anderson

      Farm with shop-house, greenhouses, cross fencing, corrals, and creek.
      1553 Lone Dove Rd, Anderson, MO 64831
      View Details
    • $135,000
      0.29 Acres

      Anderson Axe Throwing Business

      Established Axe Throwing Venue - Great Investment!
      403 Highway 59, Anderson, MO 64831
      View Details
    • $275,000
      3,465 SF

      Prime Anderson Retail Space

      Spacious retail building, great location, high potential.
      102 Walnut St, Anderson, MO 64831
      View Details
    • $97,500
      0.13 Acres

      Highway 59 Commercial Property

      Anderson, MO Business Opportunity
      306 Highway 59, Anderson, MO 64831
      View Details
    • $70,000
      1,150 SF

      Anderson MO Salon - Turnkey Business

      Established Salon, Fully Equipped, High Potential
      105 Main St, Anderson, MO 64831
      View Details

    FAQs

    What type of property is this?
    Warehouse - Two-acre property featuring a spacious metal shop and outbuildings.
    Where is this warehouse located?
    The property is located at 162 Hobbs Rd Anderson, MO.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: - Spacious 48x104 metal shop with concrete floor and electric.; - Multiple outbuildings: 24x32, 32x70, 8x10, and 14x24.; - Potential to build a home with separate entrance.
    (417) 389-4142
    Request Owner's contact information
    162 Hobbs Rd Anderson, MO 64831
    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.
    162 Hobbs Rd
    Anderson, MO 64831
    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
    162 Hobbs Rd Anderson, MO 64831
    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

    We can help!
    Listing Contact
    Christine Sanford
    Christine Sanford
    Real Estate License ID: 2000156917
    (417) 389-4142
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.