Add Listing
    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

    2 Old Highway 100 Washington, MO 63090

    View on Map
    Sponsored
    For Sale
    Under Contract
    $210,000

    Land - Washington, MO

    Lot size:
    3.00 Acres
    Days on Market:
    7
    Last Refresh:
    Mar 29 at 10:06 am

    Property Features for 2 Old Highway 100

    General Information

    Property type
    Land
    Property subtype
    Other
    Property condition
    New Construction
    Standard status
    Active Under Contract
    Zoning
    Agricultural
    APN
    9-9-29.0-0-000-015.000
    Exterior features
    Secluded, Views
    Lot size
    3.00 Acres

    Taxes and HOA fees

    Expense value
    500
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Elisha Hoerstkamp
    Elisha Hoerstkamp

    Excelsior Realty Group, LLC

    Listing agent Elisha Hoerstkamp License #2012025962

    Listing date Mar 23, 2026

    MLS# 26016639 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.

    Learn more

    Property Insight Report

    Overview

    Scenic 3+ Acre Homesite

    This 3+ acre homesite offers a blend of open ground and mature trees, creating a setting for a custom home. The property provides views with a community lake as the backdrop. Located east of Washington with access to Old Hwy 100, the location allows for convenient commuting while maintaining privacy. The site is suited for luxury living with space for a pool, outbuilding, or garden. Living just outside of Washington provides peaceful acreage living with access to boutiques, coffee shops, restaurants, and year-round festivals. Trails along the Missouri River and community events are also nearby. Washington offers schools, local businesses, and a sense of community. With access to Old Hwy 100, commuting is simple while still coming home to privacy and space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Building Supply Hair Salon Auto Parts Store Gym & Fitness Center Furniture & Home Goods Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Washington
    County
    Franklin
    State
    Missouri
    Longitude
    -90.93021681
    Latitude
    38.52847057

    Nearby Similar for Sale

    • $355,000
      0.02 Acres

      Charming Commercial Building in Washington, MO

      Updated 3-story commercial building with high traffic and excellent visibility.
      202 E 5Th St, Washington, MO 63090
      View Details
    • $192,000
      0.50 Acres

      High-Visibility Commercial Lot with Potential

      Versatile commercial property with live/work possibilities on high-traffic roadway.
      1853 Highway A, Washington, MO 63090
      View Details
    • $785,000
      4,059 SF

      Downtown Washington MO Retail/Office Space

      Prime downtown location with multiple rental units and river views.
      11 W Main A B, Washington, MO 63090
      View Details
    • $3,125,000
      3,243 SF

      125-Acre Farmhouse Near Washington, MO

      Incredible 1880s farmhouse on 125 acres near Washington, Missouri.
      399 Brinker Trl, Washington, MO 63090
      View Details
    • $500,000
      14,980 SF

      Versatile Commercial Property on 5th Street

      Commercial property suitable for auto sales, retail, shops, and more.
      129 E 5Th St, Washington, MO 63090
      View Details
    • $690,000
      5,017 SF

      Washington, MO Six-Unit Building

      Six-unit building with all units currently rented.
      17 Village West Ct, Washington, MO 63090
      View Details
    • $1,680,000
      112.30 Acres

      Riverfront Farmland Opportunity

      112 acre riverfront row crop parcel near Washington, Missouri.
      112 St Johns Is Rd, Washington, MO 63090
      View Details
    • $1,005,000
      66.90 Acres

      Productive Farmland Near Washington, Missouri

      67-acre farm parcel near Washington, MO, with high crop yields.
      67 St Johns Is Rd, Washington, MO 63090
      View Details
    • Contact for pricing
      3,038 SF

      Freestanding Wendy's in Washington, MO

      New 10-year Wendy’s in Phoenix Center II retail development.
      3161 Phoenix Center Dr, Washington, MO 63090
      View Details
    • Contact for pricing
      3,500 SF

      Aspen Dental Investment Opportunity

      Aspen Dental in Washington, MO with long-term lease.
      3155 Phoenix Center Dr, Washington, MO 63090
      View Details
    • $1,050,000
      4,800 SF

      Versatile Automotive/Retail Property For Sale

      4,800 SF building on 0.50-acre lot with multiple drive-in doors.
      902 Don Ave, Washington, MO
      View Details
    • $1,425,000
      7,500 SF

      Office Building with Highway Access

      7,000 SF office building with ample parking and visibility.
      1080 Caroline Dr, Washington, MO 63090
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Estate-sized lot with mature trees and community lake backdrop.
    Where is this residential land & home lot located?
    The property is located at 2 Old Highway 100 Washington, MO.
    What is the asking price?
    The asking price for this property is $210,000.
    What are key features of this property?
    This property features: - 3+ acre homesite in a scenic location near Washington, MO.; - Breathtaking views with a stunning community lake.; - Flexibility to build now or later with custom or pre-designed plans.
    (573) 237-7700
    Request Owner's contact information
    2 Old Highway 100 Washington, MO 63090
    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.
    2 Old Highway 100
    Washington, MO 63090
    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
    2 Old Highway 100 Washington, MO 63090
    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
    Elisha Hoerstkamp
    Elisha Hoerstkamp
    Real Estate License ID: 2012025962
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!