Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    High-Visibility Corner Lot on Highway Title is generated by Realmo AI

    W 116 Highway, Plattsburg, MO 64477

    View on Map
    Claim this Listing
    For Sale
    $59,750

    COMMERCIAL - Plattsburg, MO

    Lot size:
    0.56 Acres
    Added:
    Jul 15, 2025
    Days on Market:
    312
    Last Refresh:
    May 22 at 7:06 am

    Property Features for W 116 Highway

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    COMM
    Standard status
    Active
    APN
    11-05.1-22-000-000-005.029
    Lot size
    0.56 Acres

    Taxes and HOA fees

    Tax Annual Amount
    405

    We can help!

    Listing Contact
    Carol Ammon

    Listing agent Carol Ammon License #2021031501

    Listing office Show-Me Real Estate 1101 S US 169 HWY, Smithville, MO

    Listing date Jul 15, 2025

    MLS# 2563293 Listing URL

    Copyright © 2026 Heartland Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • High‑visibility corner lot directly off heavily traveled Highway 116.
    • Excellent exposure and easy access for customers.
    • Incredible commercial potential in a growing area.
    • Suitable for retail, office, service business, or mixed‑use development.
    • Surrounded by local amenities and minutes from the heart of town.
    • .56‑acre lot offers ample space for development.

    Overview

    This 0.56-acre corner lot is located directly off the heavily traveled Highway 116. The property offers commercial potential in a growing area with exposure and easy access. It is zoned commercial and suitable for developing a retail storefront, office space, service business, or mixed-use concept. The location is surrounded by local amenities and is minutes from the heart of town. The property is located in Plattsburg, MO, in Clinton County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Plattsburg
    County
    Clinton
    State
    Missouri
    Longitude
    -94.4729386
    Latitude
    39.5646011

    Nearby Similar for Sale

    • $339,900
      3,000 SF

      Versatile Brick Building in Plattsburg

      3000 sqft commercial building suitable for various business types.
      104 Bush Street, Plattsburg, MO 64477
      View Details
    • $49,500

      Residential Lot Near Lake Concord

      0.53-acre residential lot near schools, golf, and dining.
      Shore Circle lot: 36, Plattsburg, MO 64477
      View Details
    • $300,000
      435,600 SF

      10 Acre Homestead Opportunity

      10 acre parcel with pond near Plattsburg, Missouri.
      Lot 2 Northwest Plotsky Avenue, Plattsburg, MO 64477
      View Details
    • $195,000

      Commercial Investment Opportunity in Plattsburg

      Commercial property with existing tenant and immediate revenue potential.
      1102 W Clay/Broadway Street, Plattsburg, MO 64477
      View Details
    • $65,000

      Downtown Plattsburg Commercial Space Available

      Commercial space in historic Plattsburg, suitable for various businesses.
      106 N Main Street, Plattsburg, MO 64477
      View Details
    • $700,000

      85 Acres Near Plattsburg

      85 acres of land with road frontage and utilities.
      TRACK 1 Brethren Church Road, Plattsburg, MO 64477
      View Details

    FAQs

    What type of property is this?
    Commercial land - 0.56-acre corner lot with commercial potential in a growing area.
    Where is this commercial land located?
    The property is located at W 116 Highway Plattsburg, MO.
    What is the asking price?
    The asking price for this property is $59,750.
    What are key features of this property?
    This property features: High‑visibility corner lot directly off heavily traveled Highway 116.; Excellent exposure and easy access for customers.; Incredible commercial potential in a growing area.
    (816) 372-5640
    We can help!
    Listing Contact
    Carol Ammon
    Real Estate License ID: 2021031501
    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
    W 116 Highway, Plattsburg, MO 64477
    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!