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    802 N Jefferson St Ava, MO 65608

    Sponsored
    For Sale
    $875,000

    SINGLE_FAMILY - Ava, MO

    Type:Retail
    Lot size:
    2.10 Acres
    Days on Market:
    137
    Last Refresh:
    Jan 20 at 12:06 am

    Property Features for 802 N Jefferson St

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 3, Bathroom 4, Bathroom 2
    APN
    11-0.1-11-403-000-135.000
    Lot size
    2.10 Acres

    Utilities

    Utilities
    Water Available
    Heating system
    Wood, Heat Pump (Heating), Forced Air, Propane (Heating)
    Cooling system
    Electric, Heat Pump, Central Air

    Building Details

    Year built
    1910
    Roof type
    Rubber, Metal

    We can help!

    Listing Contact
    Roxanne Stout

    Greater Springfield Realty, LLC (Keller Williams) (417) 883-4900 [email protected]

    Listing agent Roxanne Stout (417) 380-4627

    Listing date Sep 6, 2025

    Copyright © 2025 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.

    Learn more

    Property Insight Report

    Overview

    Iconic Commercial Property in Ava, MO

    Located in the heart of Ava, Missouri, this iconic commercial property offers a rare opportunity. Situated on 2.10 acres, the property fronts three streets, including Ava's main thoroughfare, providing excellent visibility and access. The expansive, climate-controlled three-story main building, complete with a full basement and upstairs, features a brand-new roof. Formerly Ava's original train station, the building includes a fully functional 1910 Otis elevator and an original built-in floor scale. The property also includes a separate rear building plumbed for a bathroom, three distinct entrances, three docks for loading and unloading, and four Conex containers for storage. All buildings are equipped with 3-phase electricity. The secondary building offers rental opportunities, and the property's scale and adaptability make it suitable for multi-use development or business expansion. The property is ideal for conversion into an indoor storage facility, industrial or manufacturing hub, or multi-tenant retail or office complex. This property has been Ava's go-to spot for hardware and supplies for decades.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Similar Places Nearby

    Walley's Flowers, Blooming Blessings LLC, Impressions Floral & Gifts

    Map

    City
    Ava
    County
    Douglas
    State
    Missouri
    Longitude
    -92.660572
    Latitude
    36.957562

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    FAQs

    What type of property is this?
    Storefront property - Historic commercial property with multi-use potential in Ava, Missouri.
    Where is this storefront property located?
    The property is located at 802 N Jefferson St Ava, MO.
    What is the asking price?
    The asking price for this property is $875,000.
    What are key features of this property?
    This property features: - Prime location on 2.1 acres in the heart of Ava, Missouri, with frontage on three streets, including the main thoroughfare, providing exceptional visibility and access.; - Massive, climate-controlled three-story main building with a new roof, offering significant space and adaptability for various commercial uses at less than $32.00 per sq ft.; - Versatile property suitable for conversion into indoor storage, industrial/manufacturing, or multi-tenant retail/office complex.
    (417) 883-4900
    Request Owner's contact information
    802 N Jefferson St Ava, MO 65608
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    Ava, MO 65608
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    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
    802 N Jefferson St Ava, MO 65608
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    We can help!
    Listing Contact
    Roxanne Stout
    Real Estate License ID: 2019040693
    (417) 883-4900
    Learn more
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