Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers

    409 South D Street Louisiana, MO 63379

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Land - Louisiana, MO

    Lot size:
    0.44 Acres
    Added:
    Aug 26, 2025
    Days on Market:
    254
    Last Refresh:
    May 6 at 4:06 pm

    Property Features for 409 South D Street

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Agricultural
    Exterior features
    Level
    Standard status
    Active
    APN
    08-04-18-002-031-010.020
    Lot size
    0.44 Acres

    Taxes and HOA fees

    Tax Year
    2021
    Tax Annual Amount
    52

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Bret Andrew Martin
    Bret Andrew Martin

    Listing agent Bret Andrew Martin License #2017031745

    Listing office Meyer & Company Real Estate 192 N. Lincoln Drive, Troy, MO

    Listing date Aug 26, 2025

    MLS# 25058029 Listing URL

    Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Large .29 acre level lot suitable for building.
    • Water and sewer connections on site.
    • Potential for building a personal residence or rental property.
    • Located in Louisiana, MO.
    • Opportunity to purchase adjoining property for a total of 1.85+- acres.

    Overview

    Residential Land in Louisiana, MO

    This residential land is located in Louisiana, Missouri, between 415 S. D Street and 401 S. D Street. The lot, situated at 409 South D Street, is approximately 0.44 acres and is zoned for agricultural use. It is suitable for building a personal residence or a rental home. Water and sewer services are available on site. The property can be purchased with the adjoining property to the south, creating a total of approximately 1.85 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Louisiana
    County
    Pike
    State
    Missouri
    Longitude
    -91.0601049
    Latitude
    39.4527998

    Nearby Similar for Sale

    • $1,300,000
      13,420 SF

      20-Unit Apartment Complex Investment Opportunity

      Well-maintained 20-unit apartment complex with stable, predictable income.
      207 S Main Street, Louisiana, MO 63353
      View Details
    • $159,900
      3,926 SF

      Historic Three-Unit Income Property

      Income-producing three-unit property with strong financials in Louisiana, MO.
      703 N Carolina Street, Louisiana, MO 63353
      View Details
    • $1,100,000
      11,728 SF

      16-Unit Apartment Complex Investment

      Well-maintained 16-unit apartment complex in Louisiana, Missouri.
      207 S 5th Street, Louisiana, MO 63353
      View Details
    • $159,900

      Historic Louisiana, MO Triplex

      Income-producing triplex with reliable tenants in a prime location.
      703 N Carolina Street, Louisiana, MO 63353
      View Details
    • $250,000

      Louisiana, MO Unimproved Land

      1.22 acre lot with utilities and metal building.
      0 Hwy 54 & S. D St. (1.22+/- Ac) Street, Louisiana, MO 63353
      View Details
    • $250,000

      Land with Metal Building

      1.22 acre lot with utilities and metal building.
      0 Hwy 54 & S. D St. (1.22+/- Ac) Street, Louisiana, MO 63353
      View Details
    • $1,100,000

      Well-Maintained 16-Unit Apartment Complex

      16-unit apartment complex designed for residents 62 years of age and older.
      207 S 5th Street, Louisiana, MO 63353
      View Details
    • $1,300,000

      20-Unit Apartment Complex Investment

      Well-maintained 20-unit apartment complex with stable, predictable income.
      207 S Main Street, Louisiana, MO 63353
      View Details
    • $69,900
      1,782 SF

      Retail Space in Louisiana, MO

      Open concept retail space with street frontage and storage.
      705 Georgia Street, Louisiana, MO 63353
      View Details
    • $50,000

      Commercial Building in Louisiana, Missouri

      Commercial building with apartment and included inventory in Louisiana, MO.
      116 N 4th Street, Louisiana, MO 63353
      View Details
    • $10,000

      Residential Lot in Louisiana, MO

      City building lot suitable for residence or rental.
      1013 Texas Street, Louisiana, MO 63353
      View Details
    • $4,000

      Highway Frontage Commercial Lot

      0.145 acre commercial lot with highway frontage in Louisiana, MO.
      710 S 3rd Street, Louisiana, MO 63353
      View Details

    FAQs

    What type of property is this?
    Land - Residential land suitable for building a home or rental property.
    Where is this land located?
    The property is located at 409 South D Street Louisiana, MO.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Large .29 acre level lot suitable for building.; Water and sewer connections on site.; Potential for building a personal residence or rental property.
    (314) 599-2483
    We can help!
    Listing Contact
    Bret Andrew Martin
    Bret Andrew Martin
    Real Estate License ID: 2017031745
    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
    409 South D Street, Louisiana, MO 63379
    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!