Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Residential Lots in Willow Springs Title is generated by Realmo AI

    4 S Center Street, Willow Springs, MO 65793

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    LAND - Willow Springs, MO

    Lot size:
    0.32 Acres
    Added:
    Dec 18, 2023
    Days on Market:
    901
    Last Refresh:
    Jun 6 at 1:06 pm

    Property Features for 4 S Center Street

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    03-9.0-30-002-003-005-204
    Lot size
    0.32 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Annual Amount
    13

    Utilities

    Utilities
    Water Available

    We can help!

    Listing Contact
    Solomon Cornelius
    Solomon Cornelius

    Listing agent Solomon Cornelius License #1999027883

    Listing office Monark Realty 309 E. Main, Suite 1, Willow Springs, MO

    Listing date Dec 18, 2023

    MLS# 60258418 Listing URL

    Copyright © 2026 Southern Missouri Regional MLS, LLC (SOMO). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • City utilities (water, sewer, electric) already in place.
    • Located inside city limits with a country feel.
    • Minimal covenants and no HOA or fees.
    • Recently paved cul‑de‑sac (Cedar Lane).
    • Surveyed building lots with scattered mature trees and gently rolling terrain.
    • Minimum 1,600 sq ft single family homes allowed.

    Overview

    These surveyed building lots are located inside the city limits of Willow Springs, MO, and offer a country feel with minimal covenants and no HOA or fees. City utilities are in place. Most lots measure 110x125, with some exceptions around the cul-de-sac. Cedar Lane is a new, recently paved cul-de-sac where all lots have underground water, sewer, and electric supply lines. The South Center Street lots also have existing city utilities in place. All lots feature scattered mature trees and are gently rolling with native grass. Lots 3, 8, and 12 have additional utility easements. Single-family residential homes with a minimum of 1,600 sq ft of living space are required. If a multi-level home is built, a minimum of 1,000 sq ft of living space is required on the main floor, exclusive of any garage space. Mobile homes are not allowed. The lot size is approximately 0.32 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Willow Springs
    County
    Howell
    State
    Missouri
    Longitude
    -91.980494
    Latitude
    36.989705

    Nearby Similar for Sale

    • $53,000
      633 SF

      Downtown Willow Springs Commercial Property

      633 sq ft commercial property in downtown Willow Springs.
      105 N Walnut Street, Willow Springs, MO 65793
      View Details
    • $215,000

      Prime Commercial Location, High Visibility

      Versatile commercial property suitable for various business uses.
      608 E Main Street, Willow Springs, MO 65793
      View Details
    • $900,000
      11,060 SF

      Former Dollar Store Investment Opportunity

      Leased investment property with significant frontage and parking.
      503 E Main St, Willow Springs, MO 65793
      View Details
    • $1,390,000

      Missouri Ranch with Hunting Potential

      279-acre cattle ranch near Willow Springs with excellent hunting.
      0 County Road 1130, Willow Springs, MO 65793
      View Details
    • $152,000

      Multifamily Property in Willow Springs

      Multifamily property with apartments and studios in thriving neighborhood.
      305 E Main Street, Willow Springs, MO 65793
      View Details
    • $129,900

      Land with Shop and Ponds

      5 acres of land featuring a shop and two ponds.
      000 Split Oak Road, Willow Springs, MO 65793
      View Details
    • $548,280

      Howell County Wooded Hunting Land

      106.29 acres of wooded land perfect for hunting.
      State Route P, Willow Springs, MO 65793
      View Details
    • $1,390,000

      279 Acres with Springs

      Land with live water creek and multiple springs.
      County Road 1130, Willow Springs, MO 65793
      View Details
    • $129,900

      Land with Shop and Ponds

      5 acres with shop, ponds, carport, and gated entrance.
      Split Oak Road, Willow Springs, MO 65793
      View Details
    • $99,000
      2,640 SF

      Downtown Willow Springs Retail Building

      Retail building in downtown Willow Springs with unique architectural features.
      115 East Main Street, Willow Springs, MO 65793
      View Details
    • $900,000
      11,060 SF

      Retail Space in Willow Springs

      Retail space available for sale in Willow Springs, Missouri.
      503 E Main St, Willow Springs, MO 65793
      View Details
    • $270,000

      60 Acres of Ozarks Land

      Secluded wooded acreage ideal for recreation, hunting, or homesite.
      State Route P, Willow Springs, MO 65793
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - City lots with utilities, minimal covenants, ready for building.
    Where is this residential land & home lot located?
    The property is located at 4 S Center Street Willow Springs, MO.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: City utilities (water, sewer, electric) already in place.; Located inside city limits with a country feel.; Minimal covenants and no HOA or fees.
    (417) 469-2869
    We can help!
    Listing Contact
    Solomon Cornelius
    Solomon Cornelius
    Real Estate License ID: 1999027883
    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
    4 S Center Street, Willow Springs, MO 65793
    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!