Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Commercial Building Near Highway 60 Title is generated by Realmo AI

    17188 Us Highway 60, Van Buren, MO 63965

    View on Map
    Claim this Listing
    For Sale
    $329,900

    LAND - Van Buren, MO

    Property size:
    5,000 SF
    Lot size:
    2.00 Acres
    Price / SF:
    $65/SF
    Added:
    Sep 8, 2024
    Days on Market:
    618
    Last Refresh:
    May 18 at 10:06 pm

    Property Features for 17188 Us Highway 60

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    0621040000000001901
    Size
    5,000 SF
    Lot size
    2.00 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Annual Amount
    1988

    We can help!

    Listing Contact
    Anthony Rodebush

    Listing agent Anthony Rodebush License #2022006593

    Listing office Red Cedar Land Company LLC 15985 US Highway 160, Forsyth, MO

    Listing date Sep 8, 2024

    MLS# 60277366 Listing URL

    Copyright © 2026 Southern Missouri Regional MLS, LLC (SOMO). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Highway 60 Frontage less than 2 miles east of Van Buren
    • 5,000 sq ft Insulated and Heated Workspace
    • Red‑Iron Steel Framed Building
    • 2 Acres m/l
    • 3‑Phase Electric
    • 2 Bathrooms, Office, and Kitchenette

    Overview

    This multi-use commercial building, formerly Carter Creek ATV, features highway frontage less than 2 miles east of Van Buren. The red-iron steel framed building is situated on a 2-acre lot and offers 5,000 square feet of insulated and heated workspace. The property is equipped with 3-phase electric, two bathrooms, an office, and a kitchenette. The building is turn-key ready for its new owners.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Specialty properties

    Map

    City
    Van Buren
    County
    Carter
    State
    Missouri
    Longitude
    -90.9923
    Latitude
    36.9608

    Nearby Similar for Sale

    • $425,000
      6,400 SF

      Shop House on Highway Frontage

      Commercial shop house with acreage and living quarters potential.
      11688 U.S. 60, Van Buren, MO 63965
      View Details
    • $279,000

      Commercial Property in Van Buren

      Former lumber company with open storage in the heart of town.
      202 Elsie, Van Buren, MO 63965
      View Details
    • $279,900

      Former Lumber Company in Van Buren

      Commercial property in the heart of Van Buren, Missouri.
      202 Elsie, Van Buren, MO 63965
      View Details
    • $80,000

      Current River Campground Lots

      Two adjoining camping lots with Current River access.
      Lot 51 & 52 Current River RV Park, Van Buren, MO 63965
      View Details
    • $595,000
      12,400 SF

      Van Buren Commercial Building

      Renovated commercial building with restaurant, bar, and entertainment space.
      25 COMMERCIAL DRIVE, Van Buren, MO 63965
      View Details
    • $77,900

      Shaded Lot in Gated Community

      RV lot with utilities and river access near Van Buren.
      Lot 39 Current River RV Park, Van Buren, MO 63965
      View Details
    • $60,000

      Van Buren Farm Land

      5.21 acre wooded lot with Ozark skyline view.
      300 William, Van Buren, MO 63965
      View Details
    • $90,000

      RV Lot in Gated Park

      RV lot with hookups in Van Buren gated park.
      Lot 18 Current River RV Park, Van Buren, MO 63965
      View Details
    • $1,300,000

      Current River RV-Ready Lots

      Gated retreat with 42 RV lots on Current River.
      100 Ash Street, Van Buren, MO 63965
      View Details
    • $379,000

      Multi-Unit Property Near Current River

      Investment opportunity with five units near the Current River.
      1413 A Main Street, Van Buren, MO 63965
      View Details
    • $169,000
      6,300 SF

      Downtown Van Buren Warehouse

      6300 SF concrete block building in downtown Van Buren.
      302 W Oliver Street, Van Buren, MO 63965
      View Details
    • $205,000

      Renovated Professional Space in Van Buren

      Updated office space in downtown Van Buren near Current River.
      103 Ash Street, Van Buren, MO 63965
      View Details

    FAQs

    What type of property is this?
    Specialty property - Multi-use commercial building with highway frontage near Van Buren, MO.
    Where is this specialty property located?
    The property is located at 17188 Us Highway 60 Van Buren, MO.
    What is the asking price?
    The asking price for this property is $329,900.
    What are key features of this property?
    This property features: Highway 60 Frontage less than 2 miles east of Van Buren; **5,000 sq ft Insulated and Heated Workspace**; Red‑Iron Steel Framed Building
    (417) 689-3080
    We can help!
    Listing Contact
    Anthony Rodebush
    Real Estate License ID: 2022006593
    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
    17188 Us Highway 60, Van Buren, MO 63965
    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!