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

    004 Durango Dr Bolivar, MO 65613

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $450,000

    One-acre commercial property off Highway 13 with utilities.

    Lot size:
    1.00 Acre

    Property Features for 004 Durango Dr

    General Information

    Standard status
    Active
    Lot size
    1.00 Acre

    We can help!

    Listing Contact
    Michael Payton Cribbs
    Source: Exprealty

    Listing Agency: Billy Bruce Realty Listing Agent: Michael Payton Cribbs

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

    Learn more

    Overview

    Highway Frontage Commercial Acreage Available

    This one-acre commercial property is located off Highway 13, adjacent to a restaurant, a new truck stop, and a growing residential subdivision. The high-traffic location offers visibility and accessibility, suitable for retail, office, or service businesses. The property includes electric, water, and sewer utilities. Additional lots are available for expansion or development.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Bolivar
    County
    Polk
    State
    Missouri
    Longitude
    -93.424274
    Latitude
    37.593363

    Nearby Similar for Sale

    • Contact for pricing
      6.45 Acres

      Bolivar Retail Shopping Center For Sale

      Highly visible shopping center with retail and office/warehouse spaces.
      1805-1913 W Broadway St, Bolivar, MO 65613
      View Details
    • $750,000
      0.48 Acres

      Established Auto Repair Business Opportunity

      Well-established auto repair business and property for sale in Bolivar.
      1114 W Broadway St, Bolivar, MO 65613
      View Details
    • $695,000
      0.60 Acres

      Versatile Commercial Property in Bolivar

      Flexible commercial space with office and potential industrial uses.
      4736 S 131St Rd, Bolivar, MO 65613
      View Details
    • $324,999
      2,352 SF

      Bolivar MO Duplex Investment

      Investment duplex in Bolivar, MO with long-term tenants.
      640-642 W Morgan St, Bolivar, MO 65613
      View Details
    • $324,999
      0.29 Acres

      Bolivar Multifamily Investment Opportunity

      Three-bedroom duplex in Bolivar, Missouri, with long-term tenants.
      640-642 W Morgan St, Bolivar, MO 65613
      View Details
    • $165,000
      0.12 Acres

      Bolivar Office Building Opportunity

      Over 3,000 sq ft office building for sale.
      705 W Fairplay St, Bolivar, MO 65613
      View Details
    • $699,000

      Bolivar MO Storage Units

      90-unit self-storage facility in Bolivar, Missouri.
      4889 S 139Th Rd, Bolivar, MO 65613
      View Details
    • $364,900
      4,664 SF

      Downtown Bolivar Office Building

      Five Units, High Visibility, 4664 sq ft
      302 Jackson St, Bolivar, MO 65613
      View Details
    • $675,000
      11.02 Acres

      11-Acre Bolivar Development Land

      Prime Bolivar location, ready to build.
      4525 107Th Rd, Bolivar, MO 65613
      View Details
    • $300,000
      1.19 Acres

      High-Traffic Bolivar Commercial Lot

      Prime Bolivar location, 1.19 acres, utilities available.
      000 Aldrich Rd, Bolivar, MO 65613
      View Details
    • $699,000
      13,606 SF

      Bolivar Self Storage Investment

      High-Yield Storage Facility in Bolivar, MO
      4886 139Th Rd, Bolivar, MO 65613
      View Details
    • $250,000
      6,700 SF

      Historic Bolivar Industrial Building

      Large Corner Lot, High Traffic Area
      315 Albany Ave, Bolivar, MO 65613
      View Details

    FAQs

    What type of property is this?
    Commercial land - One-acre commercial property off Highway 13 with utilities.
    Where is this commercial land located?
    The property is located at 004 Durango Dr Bolivar, MO.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Prime location off Highway 13 with high traffic and excellent visibility.; - Utilities included: electric, water, and sewer.; - Situated next to Freddie's restaurant and a new truck stop.
    (417) 326-2106
    Request Owner's contact information
    004 Durango Dr Bolivar, MO 65613
    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.
    004 Durango Dr
    Bolivar, MO 65613
    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
    004 Durango Dr Bolivar, MO 65613
    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
    Michael Payton Cribbs
    (417) 326-2106
    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.