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

    0000 Industrial Dr Smithville, MO 64089

    Sponsored
    For Sale
    $849,420

    5-Acre Industrial Lot - Prime Location

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    354
    This exceptional 5-acre lot is situated in Smithville, Missouri's thriving Industrial Park. Offering unparalleled access to major transportation routes, this property presents a unique opportunity for businesses seeking a strategic location. The lot is priced competitively, boasting the lowest price per square foot within the development, making it an exceptional value. Zoned for industrial use, it provides flexibility for a wide range of commercial operations, including warehousing, manufacturing, logistics, and more. The property is a blank slate, allowing for complete customization of a new warehouse or business facility to meet specific needs. Utilities and infrastructure are readily available, simplifying the development process. This location offers the benefit of a strong business community within the industrial park, fostering collaboration and networking opportunities. This is a rare chance to acquire a prime industrial lot at an unbeatable price in a highly desirable location. The absence of existing structures allows for complete design freedom and efficient construction. Don't miss this opportunity to establish your business in a thriving industrial environment with excellent infrastructure and accessibility.

    Property Features for 0000 Industrial Dr

    General Information

    Property type
    Industrial properties
    Lot Size
    217,800 SF

    We can help!

    Listing Contact
    Dirk Talley Jr.

    Learn more

    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Travel Agency

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

    Location Insight

    • Map
    • Local Demand
    City
    Smithville
    County
    Clay
    State
    Missouri
    Longitude
    -94.58841
    Latitude
    39.36369

    Nearby Comparable

    • Contact for pricing
      0.44 Acres

      Smithville Commercial Land - Two Pads Available

      Prime Commercial Land, High Visibility, Growing Area
      0 Commercial Ave, Smithville, MO 64089
      View Details
    • $4,950,000
      75.48 Acres

      Prime Commercial Land Opportunity

      75.48 acre commercial land with high visibility and development potential.
      169 N 169 Hwy, Smithville, MO 64089
      View Details
    • $279,000
      7.12 Acres

      Smithville Missouri Estate Lot

      7.12 Acres, Prime Location, $279,000
      4 92 Hwy, Smithville, MO 64089
      View Details
    • $279,000
      7.13 Acres

      Smithville Missouri Land - 7 Acres

      7.13 Acres, Residential/Ag, $279,000
      3 92 Hwy, Smithville, MO 64089
      View Details
    • $392,040
      1.00 Acre

      Acre Lot in Smithville, MO

      One acre commercial land available in Smithville, Missouri.
      1 Acre Lot Stonebridge Ln, Smithville, MO 64089
      View Details
    • $819,360
      2.09 Acres

      Commercial Pad Sites in Smithville

      Commercial land for sale, pad sites available in Smithville, MO.
      Stonebridge Ln, Smithville, MO 64089
      View Details
    • $750,000
      1.59 Acres

      Commercial Land on Highway 169

      Commercial land ready for development on a high-traffic highway.
      169 169 Hwy, Smithville, MO 64089
      View Details
    • $392,040
      1.00 Acre

      Smithville Missouri Acre Lot

      Prime 1-acre lot, ideal for building.
      1 Acre Lot Stonebridge Ln, Smithville, MO 64089
      View Details
    • Contact for pricing
      1,200 SF

      Developable Land with Highway Visibility

      Three lots of land near Smithville's Main Street District.
      Richardson St, Smithville, MO 64089
      View Details
    • Contact for pricing
      0.85 Acres

      Smithville Land: Prime Development Sites

      Mixed-use land, high-traffic location.
      15700 Us Highway 169, Smithville, MO 64089
      View Details
    • Contact for pricing
      0.68 Acres

      Smithville, MO Commercial Land Opportunity

      High-traffic, mixed-use development land.
      110 Hospital Dr, Smithville, MO 64089
      View Details
    • Contact for pricing
      1.10 Acres

      Smithville, MO Commercial Land Opportunity

      Prime Mixed-Use Land, High Traffic Area
      507 Us Highway 169, Smithville, MO 64089
      View Details

    Nearby Similar for Sale

    • $850,000
      8.00 Acres

      Smithville Commercial Land - Hwy 169

      8 Acres, High Visibility, Prime Location
      8 Ac +/- 169 Hwy, Smithville, MO 64089
      View Details
    • $2,000,000
      21.94 Acres

      Smithville Commercial Land - 21 Acres

      Prime Smithville commercial land, B-3 zoning.
      0 92 Hwy, Smithville, MO 64089
      View Details

    FAQs

    What type of property is this?
    Industrial property - 5-Acre Industrial Lot - Prime Location
    Where is this industrial property located?
    The property is located at 0000 Industrial Dr Smithville, MO.
    What is the asking price?
    The asking price for this property is $849,420.
    (816) 532-6101
    Request Owner's contact information
    0000 Industrial Dr Smithville, MO 64089
    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.
    0000 Industrial Dr
    Smithville, MO 64089
    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
    0000 Industrial Dr Smithville, MO 64089
    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
    Dirk Talley Jr.
    (816) 532-6101
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.