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

    1302 Shull St Ava, MO 65608

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $262,500

    Two buildings with established tenants and highway frontage for sale.

    Lot size:
    0.31 Acres

    Property Features for 1302 Shull St

    General Information

    Standard status
    Active
    Lot size
    0.31 Acres

    We can help!

    Listing Contact
    Tammy L Barrett
    Source: Exprealty

    Listing Agency: Keller Williams Listing Agent: Tammy L Barrett

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

    Learn more

    Overview

    Highway Frontage Investment Opportunity

    This property presents an investment opportunity with two separate buildings currently generating rental income. One building is occupied by a bank. The second, larger building houses two businesses that operate on a daily rate payment structure. The property benefits from frontage on Highway 5, providing visibility and accessibility.
    Location Intelligence

    Current Use by Public Records

    Banks

    Map

    City
    Ava
    County
    Douglas
    State
    Missouri
    Longitude
    -92.6852
    Latitude
    36.9272

    Nearby Similar for Sale

    • $875,000
      2.10 Acres

      Iconic Commercial Property in Ava, MO

      Historic commercial property with multi-use potential in Ava, Missouri.
      802 N Jefferson St, Ava, MO 65608
      View Details
    • $262,500
      0.31 Acres

      Highway Frontage Investment Opportunity

      Two buildings with established tenants generating rental income.
      1302 Shull St, Ava, MO 65608
      View Details
    • $139,900

      Commercial Building on Main Road

      Commercial building suitable for retail, office, or residential income.
      1010 N Jefferson St, Ava, MO 65608
      View Details
    • $79,000
      Pending

      Acreage with Ponds and Barns

      15-acre property near Ava, Missouri, with ponds and barns.
      Kk Hwy, Ava, MO 65608
      View Details
    • $299,999
      0.56 Acres

      Spacious Commercial Property in Ava

      4130 sq ft commercial property in prime location.
      209 N Jefferson St, Ava, MO 65608
      View Details
    • $294,900

      Prime Commercial Real Estate Opportunity

      Located at a high-traffic intersection, ideal for business ventures.
      1107 Springfield Rd, Ava, MO 65608
      View Details
    • $262,500
      1,568 SF

      Ava, MO Office Complex - High ROI

      Two income-producing buildings, prime highway frontage.
      1302 Shull St, Ava, MO 65608
      View Details
    • $650,000
      3,344 SF

      Ava Auto Repair Business - Turnkey Operation

      Established auto repair shop, 2 acres, Hwy 76 frontage.
      W-16-401 8637 Co Rd, Ava, MO 65608
      View Details
    • $157,500
      8.30 Acres

      Ava, MO: 8.3-Acre Commercial Land

      Versatile 8.3-acre property with shop & buildings.
      15839 State Highway 76, Ava, MO 65608
      View Details
    • Contact for pricing
      0.06 Acres

      Ava Retail Space - Jefferson St.

      Prime Ava retail space available. Join our thriving community!
      212 Jefferson St N Unit, Ava, MO 65608
      View Details
    • $330,000
      1,195 SF

      Ava Office Building - Highway Frontage

      High-traffic location, move-in ready office.
      1107 Springfield Rd, Ava, MO 65608
      View Details
    • $119,000
      500 SF

      Ava, MO Commercial Building

      Live/Work Space - Prime Location
      203 Jefferson St, Ava, MO 65608
      View Details

    FAQs

    What type of property is this?
    Bank - Two buildings with established tenants and highway frontage for sale.
    Where is this bank located?
    The property is located at 1302 Shull St Ava, MO.
    What is the asking price?
    The asking price for this property is $262,500.
    What are key features of this property?
    This property features: - Generating rental income from established tenants.; - Prime Highway 5 road frontage.; - Two separate buildings included.
    369
    Request Owner's contact information
    1302 Shull St Ava, MO 65608
    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.
    1302 Shull St
    Ava, MO 65608
    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
    1302 Shull St Ava, MO 65608
    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
    Tammy L Barrett
    369
    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.