Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5905 Cood Dr Weatherby, MO 64497

    Sponsored
    For Sale
    $310,000

    Missouri commercial land & building

    Property size:
    1,530 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    410
    This exceptional Missouri commercial property, located in DeKalb County near Weatherby (zip code 64497), presents a unique investment opportunity. The 3.3-acre lot features a 1,530 square foot retail building, ideal for a variety of commercial uses. The property boasts 230 feet of blacktop frontage on the north side, ensuring excellent visibility and accessibility. Situated 650 feet off the main road, it offers a blend of convenience and tranquil privacy. The existing building includes modern amenities and has been fully updated. Energy-efficient features, such as solar panels installed in 2021, significantly reduce utility costs

    Property Features for 5905 Cood Dr

    General Information

    Property type
    Land
    Square Feet
    1,530 SF
    Lot Size
    143,748 SF

    We can help!

    Listing Contact
    Mark Corwin

    Learn more

    HighLights

    • 3.3‑acre lot with 1,530 sq ft retail building in DeKalb County, MO (zip 64497).
    • 230 feet of blacktop road frontage provides excellent visibility.
    • Located 650 feet off the main road, offering a balance of accessibility and privacy.
    • Fully updated building with modern amenities.
    • Energy‑efficient features, including solar panels (installed 2021), reduce utility costs.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Weatherby
    County
    DeKalb county
    State
    Missouri
    Longitude
    -94.2230836
    Latitude
    39.9353339

    Nearby Comparable

    • $499,000
      7.00 Acres

      Maysville Commercial Property on Highway

      7 acres with 4800 sq ft building on Highway 6.
      119 SE Rosa Rd, Maysville, MO 64469
      View Details
    • $936,000
      117.00 Acres

      117 Acres Vacant Land in Maysville

      117 acres of vacant land with CRP income and pond.
      NE Cook & NE Fairmont, Maysville, MO 64469
      View Details
    • $1,105,728
      141.76 Acres

      141.76 Acres Vacant Land For Sale

      141.76 acres with 109 tillable acres and 32.76 timbered acres.
      000 A Hwy, Fairport, MO 64469
      View Details
    • $296,000
      40.00 Acres

      Maysville MO Timberland Acreage

      40 acres of timber near Maysville, Missouri, abundant with wildlife.
      NE Camden Rd, Maysville, MO 64469
      View Details
    • $225,000
      5.60 Acres

      USDA-Inspected Meat Processing Facility

      Income-producing meat processing plant with residence on 5.6 acres.
      340 SE Offutt Rd, Maysville, MO 64469
      View Details
    • $369,000
      2,720 SF

      Maysville Duplex with Income Potential

      2,856 SF commercial property, currently a duplex with $2,000 income.
      220 Highway 6 E, Maysville, MO 64469
      View Details

    FAQs

    What type of property is this?
    Land - Missouri commercial land & building
    Where is this land located?
    The property is located at 5905 Cood Dr Weatherby, MO.
    What is the asking price?
    The asking price for this property is $310,000.
    What are key features of this property?
    This property features: 3.3-acre lot with 1,530 sq ft retail building in DeKalb County, MO (zip 64497).; 230 feet of blacktop road frontage provides excellent visibility.; Located 650 feet off the main road, offering a balance of accessibility and privacy.
    Request Owner's contact information
    5905 Cood Dr Weatherby, MO 64497
    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.
    5905 Cood Dr
    Weatherby, MO 64497
    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
    5905 Cood Dr Weatherby, MO 64497
    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

    We can help!
    Listing Contact
    Mark Corwin
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.