Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Nixa Commercial Development Opportunity Title is generated by Realmo AI

    609 E Mount Vernon Street, Nixa, MO 65714

    View on Map
    Claim this Listing
    For Sale
    $107,500

    LAND - Nixa, MO

    Lot size:
    0.92 Acres
    Added:
    Jan 20, 2026
    Days on Market:
    116
    Last Refresh:
    May 16 at 11:06 pm

    Property Features for 609 E Mount Vernon Street

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    GC
    Standard status
    Active
    APN
    100613001001006000
    Lot size
    0.92 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    BEG 40' N & 168' E SWC SENE, TH E 268', N 148', W 258', S 38', W10', S TO POB.
    Tax Annual Amount
    705

    Utilities

    Utilities
    Water Available

    We can help!

    Listing Contact
    Olga Cherkasova

    Listing agent Olga Cherkasova License #2024011477

    Listing office Alpha Realty MO, LLC 1900 S. Ventura Ave, Springfield, MO

    Listing date Jan 20, 2026

    MLS# 60313736

    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

    • Prime 0.92‑acre commercial development lot on a corner location.
    • High visibility on Hwy 14/Mt Vernon with increasing traffic due to road expansion.
    • Full electric service and public water access available.
    • Level lot with existing concrete driveway.
    • Ideal for retail, office, or mixed‑use development.
    • Convenient location near Kum & Go, Dollar General, and other commercial spaces.

    Overview

    This 0.92-acre commercial development lot is located on a corner in Nixa. The property offers high visibility and increasing traffic due to ongoing road expansion. The lot is level and includes a concrete driveway, full electric service, and public water access. It is conveniently located near Kum & Go, Dollar General, and various office and retail spaces. The property is suitable for retail, office, or mixed-use developments.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hale's Fireworks LLC. ... Discount Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Nixa
    County
    Christian
    State
    Missouri
    Longitude
    -93.284538
    Latitude
    37.043482

    Nearby Similar for Sale

    • $375,000

      Versatile Property on High-Traffic Corridor

      Well-kept property zoned NC, suitable for residence or business.
      103 S Delaware Street, Nixa, MO 65714
      View Details
    • $390,000

      Prime Commercial Land on Highway

      Commercial land with high visibility and access on Highway 14.
      212 W Mount Vernon Street, Nixa, MO 65714
      View Details
    • $975,000
      6,000 SF

      Nixa Commercial Property For Sale

      High-visibility commercial property with easy access in Nixa, Missouri.
      1011 1013 N Kenneth Street, Nixa, MO 65714
      View Details
    • $749,900

      Turnkey Commercial Property on Highway

      Move-in ready commercial property with excellent visibility and flexible spaces.
      103 N Old Wilderness Road, Nixa, MO 65714
      View Details
    • $315,000

      Turn-Key Commercial Space in Nixa

      Updated commercial space in high-traffic Nixa location.
      425 N Main Street, Nixa, MO 65714
      View Details
    • $584,000
      3,200 SF

      Luxury Duplex Near Downtown Nixa

      New construction, fully leased duplex with high-end finishes.
      320-322 S Market Street, Nixa, MO 65714
      View Details
    • $680,000
      3,128 SF

      Nixa Patio Homes Duplex

      New brick and stone patio homes in Nixa, Missouri.
      838 & 840 E Crystal Avenue, Nixa, MO 65714
      View Details
    • $1,600,000

      Versatile Commercial Property Opportunity

      Income-producing commercial property suitable for various businesses in Nixa, MO.
      381 Guin Road, Nixa, MO 65714
      View Details
    • $799,500
      6,150 SF

      Renovated Retail Property in Nixa

      6,150 SF renovated retail property in Nixa's growth corridor.
      270 272-276 E Mt Vernon St/107-109 Street, Nixa, MO 65714
      View Details
    • $299,000

      Nixa Commercial Lot on Hwy 14

      High-visibility commercial lot in Nixa's high-growth corridor.
      607 E Mount Vernon Street, Nixa, MO 65714
      View Details
    • $215,000

      Prime Commercial Land on Highway

      Commercial land suitable for retail, restaurant, or mixed-use development.
      214 W Mount Vernon Street, Nixa, MO 65714
      View Details
    • $730,535

      Nixa Land For Sale

      Commercial land in Nixa, Missouri with high visibility.
      1500 N St Highway160&Lot 32 Bentwater, Nixa, MO 65714
      View Details

    FAQs

    What type of property is this?
    Commercial land - 0.92-acre commercial lot on a prime corner in Nixa.
    Where is this commercial land located?
    The property is located at 609 E Mount Vernon Street Nixa, MO.
    What is the asking price?
    The asking price for this property is $107,500.
    What are key features of this property?
    This property features: Prime 0.92‑acre commercial development lot on a corner location.; High visibility on Hwy 14/Mt Vernon with increasing traffic due to road expansion.; Full electric service and public water access available.
    (714) 768-8937
    We can help!
    Listing Contact
    Olga Cherkasova
    Real Estate License ID: 2024011477
    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
    609 E Mount Vernon Street, Nixa, MO 65714
    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!