Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Former Dari-Mart Retail Property Title is generated by Realmo AI

    000 Bus 60, Aurora, MO 65605

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $145,000

    Retail property, formerly a Dari-Mart, totaling 1,504 square feet.

    Property size:
    1,504 SF
    Price / SF:
    $96/SF
    Added:
    Apr 1, 2024
    Days on Market:
    773
    Last Refresh:
    Apr 1 at 9:39 pm

    Property Features for 000 Bus 60

    General Information

    Standard status
    Active
    Size
    1,504 SF
    Property subtype
    Other

    We can help!

    Listing Contact
    Stephen Foreman

    Listing agent Stephen Foreman

    Listing office Better Homes & Gardens SW Grp

    Listing date Apr 1, 2024

    Source Xome

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Better Homes & Gardens SW Grp

    HighLights

    • Property was formerly The Dari‑Mart.
    • Lot Dimensions: 150X157
    • Parking: Paved Driveway
    • Roof: Metal
    • Guest Facilities: 3

    Overview

    The property, with a size of 1,504 square feet, was previously operated as The Dari-Mart.
    Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Map

    City
    Aurora
    County
    Lawrence
    State
    Missouri
    Longitude
    -93.6772
    Latitude
    36.8623

    Nearby Similar for Sale

    • $375,000

      Profitable Business with Real Estate

      Established coffee shop and meat market with property included.
      33 W Olive Street, Aurora, MO 65605
      View Details
    • $215,000
      4,000 SF

      Downtown Aurora Mixed-Use Building

      Renovated mixed-use building in downtown Aurora with residential space.
      112 S Madison Avenue, Aurora, MO 65605
      View Details
    • $265,000

      Well-Maintained Duplex in Aurora

      Aurora duplex: two units, garages, fenced yard, recent updates.
      1006 Baretta Court, Aurora, MO 65605
      View Details
    • $3,564,000

      Expansive Cattle Farm Near Aurora

      628-acre working cattle farm with abundant water sources.
      Farm Road 2007, Aurora, MO 65605
      View Details
    • $715,000

      Productive Farm Near Aurora, MO

      110+/- acre farm with agricultural and livestock capabilities.
      Tract 1 0000Farm Road 2007, Aurora, MO 65605
      View Details
    • $320,000

      34.15 Acres in Aurora, MO

      Land with pastures, timber, ponds, and a pole barn.
      Farm Road 2050, Aurora, MO 65605
      View Details
    • $904,710

      113 Acre Farm Land, Aurora

      113 acres with pasture, ponds, and utilities near Aurora, MO.
      State Highway 39, Aurora, MO 65605
      View Details
    • $214,000

      Charming Duplex in Aurora, MO

      Duplex with two units, open floor plans, and laundry hookups.
      407 W Summit Street, Aurora, MO 65605
      View Details
    • $214,000

      Charming Duplex in Aurora, MO

      Duplex with two units, open floor plans, and laundry.
      405 W Summit Street, Aurora, MO 65605
      View Details
    • $3,999,000
      150,000 SF

      Large Warehouse Complex For Sale

      Three-building warehouse complex totaling 150,000 SF, fully leased.
      702 S Carnation Drive, Aurora, MO 65605
      View Details
    • $3,999,000
      150,000 SF

      Aurora Industrial Park Warehouse Opportunity

      150,000 sq ft warehouse on 12.8 acres for sale.
      702 S Carnation Dr, Aurora, MO 65605
      View Details
    • $79,900

      Former Hotel with Storefronts

      Former hotel with restaurant space and multiple storefronts available.
      1 W Olive Street, Aurora, MO 65605
      View Details

    FAQs

    What type of property is this?
    Grocery and convenience store - Retail property, formerly a Dari-Mart, totaling 1,504 square feet.
    Where is this grocery and convenience store located?
    The property is located at 000 Bus 60 Aurora, MO.
    What is the asking price?
    The asking price for this property is $145,000.
    What are key features of this property?
    This property features: Property was formerly The Dari‑Mart.; Lot Dimensions: 150X157; Parking: Paved Driveway
    (417) 732-2195
    We can help!
    Listing Contact
    Stephen Foreman
    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

    Thank You for Inquiry
    000 Bus 60, Aurora, MO 65605
    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!