Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    N 5Th St Thayer, MO 65791

    Sponsored
    For Sale
    Contact for pricing

    LAND - Thayer, MO

    Lot size:
    0.49 Acres
    Days on Market:
    11
    Last Refresh:
    Feb 22 at 5:06 pm

    Property Features for N 5Th St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    23-9.0-31-1-019-0001.02000
    Lot size
    0.49 Acres

    Utilities

    Utilities
    Cable Available

    We can help!

    Listing Contact
    David Fletcher

    United Country- Cozort Realty, INC. (417) 280-6604

    Listing agent David Fletcher (870) 750-1341

    Listing date Feb 12, 2026

    MLS# 60296647 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.

    Learn more

    Property Insight Report

    Overview

    Corner Lot in Thayer, Missouri

    This corner lot, located in Thayer, Missouri, offers approximately 0.49 acres. The property is cleared and level, providing an ideal setting for a future home, rental property, or investment project. City water and electric are accessible. Situated on North 5th Street, the location offers proximity to town amenities while maintaining a quiet neighborhood feel. The lot's level terrain facilitates easy development, and its corner positioning allows for flexible building options and improved access. This lot offers value, location, and potential in the growing community of Thayer.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Thayer
    County
    Oregon
    State
    Missouri
    Longitude
    -91.544889
    Latitude
    36.525251

    Nearby Similar for Sale

    • $625,000
      122.00 Acres

      Spacious Country Home and Farm

      122-acre property with two homes, pond, and outbuildings near Thayer, MO.
      1326 County Road, Thayer, MO 65791
      View Details
    • $415,000
      1,500 SF

      Land with Berm Home, Thayer MO

      Berm home on 5 acres near Koshkonong, Missouri.
      866 County Road, Thayer, MO 65791
      View Details
    • $169,000
      0.26 Acres

      Commercial Mechanic Shop with Expansion Potential

      Mechanic shop with three bays, office, and additional lot.
      103 Vine St, Thayer, MO 65791
      View Details
    • $169,000
      4,012 SF

      Thayer, MO Mechanic Shop

      Mechanic shop with three bays, office, and additional lot.
      103 Vine St, Thayer, MO 65791
      View Details
    • $375,000
      8,596 SF

      Versatile Commercial Property in Thayer

      10,000 SF commercial building on 4.5 acres in Thayer, MO.
      000 Oo Hwy, Thayer, MO 65791
      View Details
    • $100,000
      0.37 Acres

      Prime Thayer Commercial Lot & Building

      0.37-acre lot, versatile commercial building, high visibility.
      000 Nettleton Ave, Thayer, MO 65791
      View Details
    • $249,900
      2,454 SF

      Ozark Motel & Laundromat

      Profitable Motel, 9 Units, Laundromat
      103 Hwy 17, Thayer, MO 65791
      View Details
    • $625,000
      2,050 SF

      Thayer, MO Office Building For Sale

      Versatile commercial building, prime location, high growth potential.
      1006 Nettleton Ave Unit, Thayer, MO 65791
      View Details
    • $399,900
      1,170 SF

      Thayer, MO Office Building For Sale

      Versatile commercial building, prime location, high growth potential.
      1006 Nettleton Ave Unit, Thayer, MO 65791
      View Details
    • $625,000
      2,051 SF

      Thayer, MO Commercial Building

      Mixed-use office, prime location.
      1006 A Nettleton Ave, Thayer, MO 65791
      View Details
    • $329,900
      1,800 SF

      Thayer, MO Retail Space & Home

      Live & work in this 1,800 sq ft retail space.
      304 St Matthew St, Thayer, MO 65791
      View Details
    • $329,000
      1,800 SF

      Thayer Home & Pet Business

      Live, work, play: turnkey opportunity.
      304 Saint Matthew St, Thayer, MO 65791
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 0.49 acre corner lot, ideal for building or investment.
    Where is this residential land & home lot located?
    The property is located at N 5Th St Thayer, MO.
    What is the asking price?
    The asking price for this property is $11,500.
    What are key features of this property?
    This property features: - Cleared and level 0.49 acre corner lot, ready for development.; - Access to city water and electric already available.; - Conveniently located close to town amenities in a quiet neighborhood.
    (417) 280-6604
    Request Owner's contact information
    N 5Th St Thayer, MO 65791
    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.
    N 5Th St
    Thayer, MO 65791
    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
    N 5Th St Thayer, MO 65791
    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

    We can help!
    Listing Contact
    David Fletcher
    Real Estate License ID: 2025005522
    (417) 280-6604 (870) 750-1341
    Learn more
    Google sign-in failed. Please try again or use another login method.