Your AI Navigator in Commercial Real Estate
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

    229 E Austin Blvd Nevada, MO 64772

    Sponsored
    Picture of Retail space at E Austin Blvd 229, Nevada, MO
    For Sale
    $112,200

    COMMERCIAL - Nevada, MO

    Lot size:
    0.24 Acres
    Days on Market:
    10
    Last Refresh:
    Jan 19 at 10:06 pm

    Property Features for 229 E Austin Blvd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    18-2.0-09-001-009-002.000
    Lot size
    0.24 Acres

    We can help!

    Listing Contact
    John Hyman

    Andrew Bright & Associates (620) 313-0127

    Listing agent John Hyman (620) 313-0127 License #2014018673

    Listing date Jan 10, 2026

    MLS# 253948 Listing URL

    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

    Nevada, MO Commercial Lot

    Located in Nevada, Missouri, this 0.24-acre lot is situated on a hard corner with multiple access points. The property benefits from a traffic signaled intersection and features a traffic count exceeding 10,000 cars per day. With 170 feet of frontage, this location is suitable for various businesses, including quick-service restaurants, coffee shops, retail stores, convenience stores, or any business requiring high visibility and easy access.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Nevada
    County
    Vernon
    State
    Missouri
    Longitude
    -94.355114
    Latitude
    37.836962

    Nearby Similar for Sale

    • New
      $678,890
      117.00 Acres

      Productive Farm Near Nevada, Missouri

      117 acre farm with 105 acres of row crop production.
      2100 S 2100 Rd, Nevada, MO 64772
      View Details
    • Contact for pricing
      0.43 Acres

      Historic Beaux-Arts Building in Nevada

      Unique commercial space with historic charm and flexible use.
      230 W Cherry St, Nevada, MO 64772
      View Details
    • $49,900
      0.04 Acres

      Commercial Building in Nevada, Missouri

      Commercial building on the square with high traffic and visibility.
      205 W Cherry St, Nevada, MO 64772
      View Details
    • $250,000
      3,100 SF

      Historic Mixed-Use Building, Nevada MO

      Remodeled mixed-use property with residential suite and commercial space.
      127 E Cherry St, Nevada, MO 64772
      View Details
    • $210,000
      0.40 Acres

      Highway Frontage Retail Opportunity

      Commercial property with high visibility on Business Highway 54.
      1419 W Austin St, Nevada, MO 64772
      View Details
    • $90,000
      4,400 SF

      Turn-Key Mixed-Use Commercial Building

      Charming mixed-use commercial building on the historic Nevada Square.
      108 N Cedar St, Nevada, MO 64772
      View Details
    • $46,000
      2,260 SF

      Historic Downtown Nevada Commercial Building

      Revitalize a historic building in Nevada's growing downtown area.
      119 W Cherry St, Nevada, MO 64772
      View Details
    • $299,000
      0.78 Acres

      Nevada, MO Commercial Lot

      0.78 acre commercial lot with paved parking in Nevada, MO.
      170 E Austin Blvd, Nevada, MO 64772
      View Details
    • $175,000
      0.77 Acres

      Nevada MO Commercial Trio

      High-Yield Triple-Unit Investment
      1321-1323 Osage Blvd, Nevada, MO 64772
      View Details
    • $65,000
      0.07 Acres

      Historic Nevada Playhouse - Investment Opportunity

      Charming 2,260 sq ft building, prime downtown location.
      119 Cherry St, Nevada, MO 64772
      View Details
    • $190,000
      2,650 SF

      High-Traffic Nevada Retail Space

      Prime location, versatile building, high visibility.
      1419 Austin St, Nevada, MO 64772
      View Details
    • $69,900
      0.06 Acres

      Nevada, MO Commercial Building

      Prime Location, Income Producing Property
      125 Main St, Nevada, MO 64772
      View Details

    FAQs

    What type of property is this?
    Retail space - Corner lot in Nevada, Missouri, ideal for retail.
    Where is this retail space located?
    The property is located at 229 E Austin Blvd Nevada, MO.
    What is the asking price?
    The asking price for this property is $112,200.
    What are key features of this property?
    This property features: - High-traffic corner location with over 10,000 cars per day.; - Multiple access points and a traffic signaled intersection.; - 170' of frontage offering excellent visibility.
    (417) 437-9051
    Request Owner's contact information
    229 E Austin Blvd Nevada, MO 64772
    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.
    229 E Austin Blvd
    Nevada, MO 64772
    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
    229 E Austin Blvd Nevada, MO 64772
    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
    John Hyman
    Real Estate License ID: 2014018673
    (417) 437-9051
    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.