Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2101 E Austin Blvd Nevada, MO 64772

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $400,000

    Commercial outlot for sale or ground lease in Nevada, MO.

    Type:Land
    Property size:
    30,000 SF
    Added:
    Nov 22, 2025
    Days on Market:
    133
    Last Refresh:
    Dec 3 at 6:03 am

    Property Features for 2101 E Austin Blvd

    General Information

    Standard status
    Active
    Size
    30,000 SF
    Property subtype
    Land

    We can help!

    Listing Contact
    August Motl

    Listing agent August Motl

    Listing office

    Listing date Nov 22, 2025

    Source Naiglobal

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

    All listing content including descriptions, pricing, images are the copyrighted material of August Motl

    Overview

    30,000 SF Commercial Outlot

    This commercial property features a 30,000± square foot outlot available for sale or ground lease. It is located in front of a 72,000 square foot Sutherlands HomeBase Hardware Store and across from a Walmart Super Center and Orscheln Farm & Home Store. The property is situated near several hotels, restaurants, and a 6-plex theatre, with convenient access to I-49. Nevada, the county seat of Vernon County, has a population of over 8,000 people and is home to Cottey College, a 4-year independent liberal arts & sciences college for women established in 1884. The sale price is $400,000, and the ground lease rent is $3,333.33 per month.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sutherlands HomeBase Building Supply

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Building Supply Hair Salon Big Box & Wholesale Store Auto Repair Shop Gym & Fitness Center Pharmacy Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Nevada
    County
    Vernon
    State
    Missouri
    Longitude
    -94.330122
    Latitude
    37.836419

    Nearby Similar for Sale

    • $175,000

      Two-Story Brick Office Building

      Two-story office building with eleven office spaces and income.
      105 W Cherry Street, Nevada, MO 64772
      View Details
    • $90,000
      4,400 SF

      Turn-Key Mixed-Use Commercial Building

      Charming mixed-use commercial building on the historic Nevada Square.
      108 N Cedar Street, Nevada, MO 64772
      View Details
    • $46,000
      2,260 SF

      Historic Downtown Nevada Commercial Building

      Revitalize a historic building in Nevada's growing downtown area.
      119 W Cherry Street, Nevada, MO 64772
      View Details
    • $678,890

      Productive Farm Near Nevada, Missouri

      117 acre farm with 105 acres of row crop production.
      S 2100 Road, Nevada, MO 64772
      View Details
    • $299,000

      Nevada, MO Commercial Lot

      0.78 acre commercial lot with paved parking in Nevada, MO.
      170 E Austin Boulevard, Nevada, MO 64772
      View Details
    • $124,900

      Nevada, MO Duplex Investment

      Duplex with remodeled unit and tenant-occupied unit for immediate income.
      526-528 W Austin Boulevard, Nevada, MO 64772
      View Details
    • $250,000
      3,100 SF

      Historic Mixed-Use Building, Nevada MO

      Remodeled mixed-use property with residential suite and commercial space.
      127 E Cherry Street, Nevada, MO 64772
      View Details
    • $180,950

      Nevada, MO Industrial Zoned Land

      23+/- acres of M-2 industrial land near I-49.
      N Click Street, Nevada, MO 64772
      View Details
    • $112,200

      Nevada, MO Commercial Lot

      Corner lot in Nevada, Missouri, ideal for retail.
      229 E Austin Boulevard, Nevada, MO 64772
      View Details
    • $19,900

      Corner Lot in Nevada, Missouri

      Spacious corner lot with utilities, ready for development.
      315 E Maple Street, Nevada, MO 64772
      View Details
    • $150,000

      Commercial Land in Nevada, MO

      Vacant 1.34-acre commercially zoned lot ready for development.
      1701b W Austin Boulevard, Nevada, MO 64772
      View Details
    • $19,900

      Residential Lot in Deer Run

      Spacious .42-acre lot in Deer Run Estates, Nevada, MO.
      Deer Run Drive lot: 2, Nevada, MO 64772
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial outlot for sale or ground lease in Nevada, MO.
    Where is this commercial land located?
    The property is located at 2101 E Austin Blvd Nevada, MO.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: 30,000± SF outlot available for sale or ground lease.; Located in front of a 72,000 SF Sutherlands HomeBase Hardware Store.; Across from Walmart Super Center & Orscheln Farm & Home Store.
    (913) 956-5813
    We can help!
    Listing Contact
    August Motl
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!