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

    425 Hickory St Steelville, MO 65565

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Vacant Land - Steelville, MO

    Lot size:
    3.20 Acres
    Added:
    May 5, 2025
    Days on Market:
    332
    Last Refresh:
    Apr 1 at 7:06 pm

    Property Features for 425 Hickory St

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    100
    Parking features
    Garage
    Standard status
    Active
    APN
    11803420101000
    Lot size
    3.20 Acres

    Taxes and HOA fees

    TaxAnnualAmount
    216

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Lynda L Wynn

    Listing agent Lynda L Wynn

    Listing office Wynn Realty 200 Cushing Road, Steelville, MO

    Listing date May 5, 2025

    MLS# 11573728 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Vacant Land in Steelville, MO

    This is a 3.2-acre vacant land parcel located in Steelville, Missouri. The zoning is 100. Prospective buyers are advised to verify with the City of Steelville regarding building regulations and the proximity of utility connections and discharge points to the property. Please note that this is an unsurveyed tract of land.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Steelville
    County
    Iron
    State
    Missouri
    Longitude
    -91.353398
    Latitude
    37.973943

    Nearby Similar for Sale

    • $392,000
      2,304 SF

      Remodeled Apartment Buildings in Steelville

      Turnkey apartments with property management in place in Steelville.
      302 N Spring St, Steelville, MO 65565
      View Details
    • $439,900
      2,535 SF

      Resort-Like Property with Private Lake

      49.5 acres with lake, ready for customization.
      85 Barnicle Chapel Road, Steelville, MO 65565
      View Details
    • $25,000

      Vacant Land in Steelville, MO

      3-acre fenced land with road frontage, suitable for building.
      0 Gobblers Knob Rd, Steelville, MO 65565
      View Details
    • $25,000

      Land with Road Frontage

      3-acre land parcel with fencing and electric available.
      0 Gobblers Knob Road, Unincorporated, MO 65565
      View Details
    • $250,000
      3,600 SF

      Established Tire Shop Business Opportunity

      Turnkey tire shop business for sale in Steelville, Missouri.
      77 Mo-8 E, Steelville, MO 65565
      View Details
    • $1,699,900
      1,466 SF

      Ozark Land with Riverfront Cabin

      47 acres with custom cabin and Meramec River access.
      320 Cedar Ford Road, Steelville, MO 65565
      View Details
    • $29,900

      Residential Land in Steelville, MO

      3.2 acres of residential land with utilities in Steelville.
      425 Hickory Street, Steelville, MO 65565
      View Details
    • $10,000

      Residential Lot Near Recreation

      Vacant 0.61-acre lot near amenities and outdoor recreation.
      Lot 43 Valley View Drive, Steelville, MO 65565
      View Details
    • $89,900

      Hickory Ridge Wooded Land

      15 acres of wooded land near Meramec River.
      Tbd Hickory Road, Steelville, MO 65565
      View Details
    • $26,000

      Residential Lot in Steelville, MO

      1.38 acre residential lot with city utilities in Steelville.
      Forest View Estates Lot 1 - Skyline Dr, Steelville, MO 65565
      View Details
    • $150,000

      River Retreat Land Opportunity

      Land with river access, ideal for recreation and wildlife.
      2 Cedar Ford Rd, Steelville, MO 65565
      View Details
    • $75,000

      Scenic Land Parcel Near River

      15-acre parcel near Meramec River, perfect for residence.
      15 acres off Cedar Ford Rd, Steelville, MO 65565
      View Details

    FAQs

    What type of property is this?
    Land - Unsurveyed 3.2-acre land parcel in Steelville, Missouri.
    Where is this land located?
    The property is located at 425 Hickory St Steelville, 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: Vacant land allows for custom development.; Garage parking available.; Property location provided via coordinates.
    (573) 775-3020
    We can help!
    Listing Contact
    Lynda L Wynn
    Real Estate License ID: 1999035435
    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!