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

    37682 10 Highway Richmond, MO 64085

    View on Map
    Claim this Listing
    For Sale
    $215,000

    COMMERCIAL - Richmond, MO

    Lot size:
    15.26 Acres
    Added:
    Mar 20, 2026
    Days on Market:
    49
    Last Refresh:
    May 7 at 4:06 am

    Property Features for 37682 10 Highway

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    c-2
    Fencing
    Barbed Wire
    Standard status
    Active
    APN
    11-08-27-00-000-010.000
    Lot size
    15.26 Acres

    Taxes and HOA fees

    Tax Description
    Part Of Nw1/4 Nw1/4 Beg. 220' E Of Nw Cor. Th:E 892.5' Sly 1043.91 To N/L Of Mo. Hwy. 10 R/W Th:Nwly Alg. R/W 995.37' N 485.6
    Tax Annual Amount
    129

    We can help!

    Listing Contact
    Mike Gunselman
    Mike Gunselman

    Listing agent Mike Gunselman

    Listing office Keller Williams KC North 310 NW Englewood Road Ste No., Kansas City, MO

    Listing date Mar 20, 2026

    MLS# 2608269 Listing URL

    Copyright © 2026 Heartland Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Fully approved for a commercial RV park and cabin retreat, allowing immediate development.
    • 15 acres of usable land with significant Highway 10 frontage, providing excellent visibility.
    • Extensive site preparation and cleanup are already completed, saving time and money.
    • Approved commercial frontage enhances business potential.
    • Existing access to rural water and electricity simplifies the building process.
    • Transferable plans and approvals streamline project implementation.

    Overview

    Richmond Commercial Land Opportunity

    This 15.26 acre commercial property is located at 37682 Highway 10 in Richmond, MO. The property features highway frontage and is approved for a commercial RV park and cabin retreat. Previous site preparation and cleanup work has been completed. The property has existing access to rural water and electricity. It is zoned c-2 and suitable for hospitality or other commercial development. The property is fully approved through the city and zoning for an RV park and cabins, and these plans and approvals are transferable. The previous residential structure has been demolished and the site is cleared and cleaned.
    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 Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Ray
    State
    Missouri
    Longitude
    -93.9948
    Latitude
    39.2828

    Nearby Similar for Sale

    • $450,000

      Richmond, MO Commercial Opportunity

      Expansive commercial building in Richmond, MO with versatile features.
      202 W N Main Street, Richmond, MO 64085
      View Details
    • $1,200,000

      Freestanding Building with National Tenant

      Free standing building with a national tenant in Richmond, MO.
      320 E Lexington Street, Richmond, MO 64085
      View Details
    • $1,990,000

      High-Visibility Retail Warehouse in Richmond

      31,125 SF retail warehouse on 2.06 acres near Walmart.
      912 Walton Way, Richmond, MO 64085
      View Details
    • $195,000

      Richmond Commercial Lot Ready to Build

      1.141 acre commercial lot ready for development in Richmond, MO.
      211 W Franklin Street, Richmond, MO 64085
      View Details
    • $100,000

      Commercially Zoned Land in Richmond

      Commercially zoned land with road frontage on East Lexington Street.
      901 East Lexington Street, Richmond, MO 64085
      View Details
    • $135,000

      Richmond Commercial Land For Sale

      Commercially zoned land with frontage on East Lexington Street.
      901 E Lexington Street, Richmond, MO 64085
      View Details
    • $230,000

      20 Acres with Stocked Pond

      20 acres of rolling land with stocked pond.
      Bruns Rd lot: 1, Richmond, MO 64085
      View Details
    • $775,000

      Richmond, MO Land Opportunity

      Two acreage parcels ready for development near Highways 10 and 13.
      S Wellington Street, Richmond, MO 64085
      View Details
    • $270,000

      21 Acres in Richmond, MO

      Land with pond, creek, and owner financing available.
      000 E Saint Cloud Circle, Richmond, MO 64085
      View Details
    • $65,000

      Residential Land in Richmond Country

      5.24 acre residential building site near Kansas City.
      Airfield Lane lot: 38, Richmond, MO 64085
      View Details
    • $65,000

      Residential Land in Richmond Country

      5.07 acre lot suitable for building a home.
      Airfield Lane lot: 37, Richmond, MO 64085
      View Details
    • $65,000

      Residential Land in Richmond Country

      Build your dream home in Richmond Country Estates Subdivision.
      Airfield Lane lot: 34, Richmond, MO 64085
      View Details

    FAQs

    What type of property is this?
    Commercial land - 15 acre commercial land with highway frontage in Richmond, MO.
    Where is this commercial land located?
    The property is located at 37682 10 Highway Richmond, MO.
    What is the asking price?
    The asking price for this property is $215,000.
    What are key features of this property?
    This property features: Fully approved for a commercial RV park and cabin retreat, allowing immediate development.; **15 acres of usable land with significant Highway 10 frontage, providing excellent visibility**.; Extensive site preparation and cleanup are already completed, saving time and money.
    (816) 916-8401
    We can help!
    Listing Contact
    Mike Gunselman
    Mike Gunselman
    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
    37682 10 Highway, Richmond, MO 64085
    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!