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Residential Land for Custom Ranch

403 Lakeview Drive Catawissa, MO 63015

403 Lakeview Drive, Catawissa, MO, 63015
$349,900
For Sale
$349,900

LAND - Catawissa, MO

Property Size1,600 SF
Lot Size0.26 Acres
Price / SF$218.69
Days on Market339

Property Features for 403 Lakeview Drive

General Information

Property type
Land
Property subtype
Other
Zoning
Residential
Standard status
Active
APN
20-1-010-2-001-250000
Lot size
0.26 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
19

Utilities

Sewer type
Public Sewer
Listing Agency Realty Executives Premiere
113 Hilltop Village Ctr Ste A, House Springs, MO
Listed by Charles Bent · License #1999087466
Added: Aug 13, 2025 Checked: Jul 17 at 7:06 pm
MLS# 25055307 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.


Investment Insights

Based on property information with market context.

This offering is for residential land in Catawissa, Missouri, with new construction planned but not yet built. The proposed single-story ranch design is described as a 3-bedroom, 2-bath home with a vaulted ceiling in the great room. The layout calls for an open floor plan, a patio area, and an oversized 22 x 22 two-car garage. The kitchen is planned to include 42-inch custom cabinetry.

The property is located at 403 Lakeview Drive in Franklin County. The listing indicates the project is “to be built,” meaning construction timing and final site improvements would be handled through the new build process.

For buyers looking to build a ranch-style residence on a residential lot, this plan provides a clear direction on size and configuration, including the two-car garage, open living space, and patio area. The described finishes and room layout can help streamline planning for owner-occupants who want a custom ranch rather than an existing home.

Key Highlights

  • TBB 3‑bedroom, 2‑bath custom ranch with open floor plan
  • Vaulted ceiling in the great room area
  • Oversize 22' x 22' 2‑car garage

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $29.4k $18.36
− Vacancy −$1.6k −$1.01
EGI $27.8k $17.35
− OpEx −$12.5k −$7.81
NOI $15.3k $9.54
1,600 SF · lease $18.36/SF/yr · vacancy 5.50% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$218.1K
$190.9K – $254.5K (±1% cap)
NOI $15,268 @ 7.0% cap · market cap 4.36%
Second Best
no second resolved use
Theoretical Best
Office A
$471.0K
$412.2K – $549.6K (±1% cap)
NOI $32,973 @ 7.0% cap · market cap 9.42%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Single family properties

Suggested Use

Building Supply Auto Repair Shop Real Estate Agency Car Rental Facility

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

FAQs

What type of property is this?
Single family property - Residential lot in Catawissa, Missouri, ready for a new custom ranch with open layout and a two-car garage.
Where is this single family property located?
The property is located at 403 Lakeview Drive Catawissa, MO.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: TBB 3‑bedroom, 2‑bath custom ranch with open floor plan; Vaulted ceiling in the great room area; Oversize 22' x 22' 2‑car garage
Contact an agent
More about this property
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