Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Residential Land in Ava, Missouri Title is generated by Realmo AI

    403 E Hamilton Avenue, Ava, MO 65608

    View on Map
    Claim this Listing
    Picture of Residential land & home lots at 403 E Hamilton Avenue, Ava, MO
    For Sale
    Contact for pricing

    LAND - Ava, MO

    Lot size:
    0.26 Acres
    Added:
    Apr 27, 2026
    Days on Market:
    33
    Last Refresh:
    May 29 at 11:06 pm

    Property Features for 403 E Hamilton Avenue

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    110614001010002000
    Lot size
    0.26 Acres

    Taxes and HOA fees

    Tax Year
    2021
    Tax Description
    LOT 4, PT LOT 5 BLK 5 75 X 150
    Tax Annual Amount
    25

    Utilities

    Utilities
    Water Available

    We can help!

    Listing Contact
    Tammy L Barrett
    Tammy L Barrett

    Listing agent Tammy L Barrett License #2006028327

    Listing office Keller Williams 1619 E. Independence St., Springfield, MO

    Listing date Apr 27, 2026

    MLS# 60321986 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

    • Ideal for multi‑family development (duplexes).
    • Smooth, level lot.
    • Convenient access to city water and sewer.
    • Serene neighborhood.
    • Expansive lot size.
    • Water Available

    Overview

    This 0.258-acre lot offers a smooth, level surface in a serene neighborhood. It has convenient access to city water and sewer. The property is suitable for multi-family development, allowing for the creation of duplexes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Ava
    County
    Douglas
    State
    Missouri
    Longitude
    -92.657937
    Latitude
    36.949296

    Nearby Similar for Sale

    • $192,500
      2,340 SF

      Versatile Commercial Property in Ava

      Adaptable commercial space suitable for various business opportunities.
      132 W Washington Avenue, Ava, MO 65608
      View Details
    • $160,000

      Ava, MO - Business Potential

      Home with business potential, close to amenities and attractions.
      902 N Jefferson Street, Ava, MO 65608
      View Details
    • $169,900

      Ava, MO Commercial Lot

      1.1 acre commercial lot with high traffic location.
      1003 N Jefferson Street, Ava, MO 65608
      View Details
    • $225,000

      Commercial Building in Ava, Missouri

      Versatile commercial building with flexible space and ample storage.
      223 S Jefferson Street, Ava, MO 65608
      View Details
    • $234,900

      Commercial Property with Residential Potential

      Versatile commercial property with office spaces and residential features.
      1306 Shull Street, Ava, MO 65608
      View Details
    • $143,500

      Charming Commercial Space on Square

      Prime location in Ava, Missouri, perfect for retail or restaurant.
      114 S Spurlock Street, Ava, MO 65608
      View Details
    • $749,000

      Secluded Hunting Land Near National Forest

      262+/- acre hunting property bordering national forest with cabin.
      Hickory Flats Road, Ava, MO 65608
      View Details
    • $1,199,000

      Prime Douglas County Farm Ground

      Productive farm with improvements, water features, and building sites.
      9795 Co Rd W 76-506, Ava, MO 65608
      View Details
    • $139,900

      40 Acres Wooded Land, Ava

      40 acres of wooded land near Bryant Creek State Park.
      State Hwy N Tract C, Ava, MO 65608
      View Details
    • $489,900

      140 Acres Wooded Land, Ava

      Wooded acreage near Bryant Creek State Park for hunting, recreation.
      State Hwy N Tract G, Ava, MO 65608
      View Details
    • $129,900

      Commercial Building on Main Road

      Commercial building with high visibility and rental potential in Ava.
      1010 N Jefferson Street, Ava, MO 65608
      View Details
    • $149,900

      Retail Property on Town Square

      Prime retail space with stable tenant in downtown Ava.
      122 E Washington Avenue, Ava, MO 65608
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Residential land suitable for multi-family development in Ava, Missouri.
    Where is this residential land & home lot located?
    The property is located at 403 E Hamilton Avenue Ava, 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: Ideal for multi‑family development (duplexes).; Smooth, level lot.; Convenient access to city water and sewer.
    (417) 349-1981
    We can help!
    Listing Contact
    Tammy L Barrett
    Tammy L Barrett
    Real Estate License ID: 2006028327
    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
    403 E Hamilton Avenue, Ava, MO 65608
    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!