Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Residential Lot in New Subdivision Title is generated by Realmo AI

    1645 Ridgemont Avenue, Monett, MO 65708

    View on Map
    Claim this Listing
    For Sale
    $35,000

    LAND - Monett, MO

    Lot size:
    0.24 Acres
    Added:
    Jul 23, 2025
    Days on Market:
    299
    Last Refresh:
    May 17 at 11:06 am

    Property Features for 1645 Ridgemont Avenue

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    18-9.0-30-003-001-029-150
    Lot size
    0.24 Acres

    Taxes and HOA fees

    Tax Annual Amount
    17

    Utilities

    Utilities
    Electricity Available

    We can help!

    Listing Contact
    Keith McCracken

    Listing agent Keith McCracken License #2012016399

    Listing office Century 21 Properties Unlimited 100 Chapel Drive Ste G, MO

    Listing date Jul 23, 2025

    MLS# 254188 Listing URL

    Copyright © 2026 Ozark Gateway Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Level lot ready for building in a new subdivision.
    • Water, electric, and sewer are available on the lot.
    • Not in a flood zone.
    • Low traffic area with country views to the north.
    • Electricity Available
    • Owner/Agent

    Overview

    This is a level lot located within a new subdivision. The 0.24-acre lot has water, electric, and sewer utilities available. It is not located in a flood zone. Restrictions apply to the property. The lot offers low traffic and country views to the north, making it suitable for residential construction.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Monett
    County
    Barry
    State
    Missouri
    Longitude
    -93.934296
    Latitude
    36.936075

    Nearby Similar for Sale

    • $239,900
      2,128 SF

      Thriving Restaurant in Monett, MO

      Established restaurant with large parking lot in Monett's downtown.
      608 E Broadway, Monett, MO 65708
      View Details
    • $129,900

      Historical Service Station in Monett

      Iconic, preserved service station with potential in Monett's booming economy.
      1010 N Central Avenue, Monett, MO 65708
      View Details
    • $250,000
      4,800 SF

      Functional Commercial Building in Monett

      Turn-key commercial space suitable for offices or business operations.
      108 W Dairy Street, Monett, MO 65708
      View Details
    • $139,000

      Commercial Land with Shop Building

      Commercial zoned property with shop building, ideal for businesses.
      115 Dairy Street, Monett, MO 65708
      View Details
    • $1,375,000

      Monett Commercial Job Shop For Sale

      Commercial job shop with CNC mills and lathes for sale.
      115 W Dairy Street, Monett, MO 65708
      View Details
    • $99,900

      Commercial Lot Behind Walmart

      One-acre commercial lot in a busy area.
      Wellington Avenue, Monett, MO 65708
      View Details
    • $40,000

      Cleared Land Ready for Building

      2.79-acre cleared land, multiple parcels, ready for building.
      Lawrence 2210 lot: 3, Monett, MO 65708
      View Details
    • $69,900

      Spacious Three-Story Home Renovation Project

      Three-story home with renovation potential and additional building.
      304 6th Street, Monett, MO 65708
      View Details
    • $125,000

      Commercial Land For Sale

      Commercial land available in prime location near major retailers.
      E Wellington Avenue lot: 3, Monett, MO 65708
      View Details
    • $50,000

      Monett Land with Shop

      Two parcels, commercial and residential, with shop and home.
      107 N Ash Street, Monett, MO 65708
      View Details
    • $42,000

      Land Near Monett, Missouri

      2.92-acre property offers opportunity to create your dream home.
      Lawrence 2210 lot: 1, Monett, MO 65708
      View Details
    • $40,000

      Cleared Acreage Ready to Build

      2.79 acres, cleared, ready for your dream home!
      Lawrence 2210 lot: 5, Monett, MO 65708
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Level lot with utilities in Monett, Missouri, ready for building.
    Where is this residential land & home lot located?
    The property is located at 1645 Ridgemont Avenue Monett, MO.
    What is the asking price?
    The asking price for this property is $35,000.
    What are key features of this property?
    This property features: Level lot ready for building in a new subdivision.; Water, electric, and sewer are available on the lot.; Not in a flood zone.
    (417) 236-4129
    We can help!
    Listing Contact
    Keith McCracken
    Real Estate License ID: 2012016399
    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
    1645 Ridgemont Avenue, Monett, MO 65708
    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!