Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3 5 7 9 Charleston Plaza Charleston, MO 63834

    View on Map
    Claim this Listing
    For Sale
    $950,000

    Mixed Use - Charleston, MO

    Type:Mixed Use
    Lot size:
    11.04 Acres
    Added:
    Oct 15, 2025
    Days on Market:
    198
    Last Refresh:
    Apr 30 at 12:06 am

    Property Features for 3 5 7 9 Charleston Plaza

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    APN
    09-3.0-008-03-010-0002.000
    Lot size
    11.04 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    7229

    Building Details

    Year built
    1978
    Building materials
    Brick, Frame, Glass
    Architectural style
    Other

    We can help!

    Listing Contact
    Dale Dunn
    Dale Dunn

    Listing agent Dale Dunn License #2013036605

    Listing office Premier Farm Realty Group LLC 8721 Commercial Blvd, Pevely, MO

    Listing date Oct 15, 2025

    MLS# 25070265 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.

    Overview

    Charleston, MO Commercial Land Opportunity

    This 11.04+/- acre tract is located in Charleston, Missouri, in Mississippi County. The property offers visibility and accessibility, positioned just off Interstate 57. The location and easy access from I-57 ensures traffic flow, making it suited for various commercial developments. This property is ideal for a truck stop, travel center, convenience store, or distribution hub. It is perfect for capturing both local and regional traffic.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Charleston
    County
    Mississippi
    State
    Missouri
    Longitude
    -89.350152
    Latitude
    36.908289

    Nearby Similar for Sale

    • $350,000
      4,173 SF

      Remodeled Commercial Property in Charleston

      Turnkey commercial property with residential zoning in prime location.
      506 S Main Street, Charleston, MO 63834
      View Details
    • $110,000
      2,121 SF

      Charleston Commercial Property on Highway

      Commercial property with existing building and highway frontage in Charleston.
      1113 E. Marshall, Charleston, MO 63834
      View Details
    • $425,000
      4,173 SF

      Remodeled Mixed-Use Property For Sale

      Turnkey, remodeled mixed-use property with commercial/residential zoning.
      506 S Main Street, Charleston, MO 63834
      View Details
    • $84,000
      1,452 SF

      Retail Building on Highway 105

      Retail building with great visibility and expansion potential.
      2380 S. Main, Charleston, MO 63834
      View Details
    • $4,000

      Residential Corner Lot in Charleston

      Residential land for sale in Charleston, Missouri.
      601 Elkins, Charleston, MO 63834
      View Details
    • $575,000
      2,134 SF

      Charleston, MO Commercial Investment Opportunity

      High-traffic commercial property suitable for restaurant, retail, or office use.
      11 Truman St, Charleston, MO, 63834-1455
      View Details
    • $15,000

      Development Ready Lot in Charleston

      Clear residential lot in the heart of Charleston, Missouri.
      605 Helena, Charleston, MO 63834
      View Details

    FAQs

    What type of property is this?
    Commercial land - 11.04 acre commercial land with high visibility and access.
    Where is this commercial land located?
    The property is located at 3 5 7 9 Charleston Plaza Charleston, MO.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: 11.04 +/- acre tract ideal for commercial development such as a truck stop, travel center, or logistics site.; Excellent visibility and easy on‑and‑off access from Interstate 57.; High‑traffic location in Charleston, Missouri, with strong growth potential.
    (636) 443-9481
    We can help!
    Listing Contact
    Dale Dunn
    Dale Dunn
    Real Estate License ID: 2013036605
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!