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

    2 Deer Run Dr Nevada, MO 64772

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Build Your Dream Home on 0.42 Acres

    Property Features for 2 Deer Run Dr

    General Information

    Property type
    Land
    Lot Size
    18,295 SF

    We can help!

    Listing Contact
    Andy Remington
    Andy Remington

    Listing Agency: CURTIS & SONS REALTY Listing Agent: Andy Remington

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

    Learn more

    Overview

    This exceptional 0.42-acre residential lot, located at Lot 2 Deer Run Drive in Nevada, Missouri (zip code 64772), presents a unique opportunity for building your dream home. Situated on the edge of city limits, this property offers the best of both worlds: convenient access to city amenities and the peaceful tranquility of a suburban setting. The lot measures approximately 149x150 feet and boasts an irregular shape. City utilities are readily available, along with curb and gutter access, simplifying the construction process. This makes it an ideal choice for builders and homeowners alike, providing a solid foundation for your future project. While this prime location offers significant advantages, prospective buyers should be aware that certain building restrictions are in place. The asking price for this remarkable property is $19,900. Don't miss this chance to secure your spot in a desirable Nevada, MO neighborhood and begin building your dream home. The property is conveniently located in Vernon County. Detailed information on building restrictions is available upon request.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Spa & Massage Center Big Box & Wholesale Store Hair Salon Nail Salon Pharmacy Storage Facility Bar & Pub Grocery & Convenience Store Wine and Liquor Store Veterinary Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Nevada
    County
    Vernon
    State
    Missouri
    Longitude
    -94.3625059
    Latitude
    37.8177079

    Nearby Similar for Sale

    • $678,890
      117.00 Acres

      Productive Farm Near Nevada, Missouri

      117 acre farm with 105 acres of row crop production.
      2100 S 2100 Rd, Nevada, MO 64772
      View Details
    • Contact for pricing
      0.43 Acres

      Historic Beaux-Arts Building in Nevada

      Unique commercial space with historic charm and flexible use.
      230 W Cherry St, Nevada, MO 64772
      View Details
    • $49,900
      0.04 Acres

      Commercial Building in Nevada, Missouri

      Commercial building on the square with high traffic and visibility.
      205 W Cherry St, 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 St, 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 St, 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 St, Nevada, MO 64772
      View Details
    • $299,000
      0.78 Acres

      Nevada, MO Commercial Lot

      0.78 acre commercial lot with paved parking in Nevada, MO.
      170 E Austin Blvd, Nevada, MO 64772
      View Details
    • $112,200
      0.24 Acres

      Nevada, MO Commercial Lot

      Corner lot in Nevada, Missouri, ideal for retail.
      229 E Austin Blvd, Nevada, MO 64772
      View Details
    • $69,900
      0.06 Acres

      Nevada, MO Commercial Building

      Prime Location, Income Producing Property
      125 Main St, Nevada, MO 64772
      View Details
    • $850,000
      40,000 SF

      Nevada Industrial Warehouse

      40,000 SF Distribution Center, $850K
      713 Austin Blvd, Nevada, MO 64772
      View Details
    • $108,000
      0.06 Acres

      Downtown Nevada Commercial Gem

      Historic building, prime location, investment opportunity.
      123 Main St, Nevada, MO 64772
      View Details
    • $65,000
      0.07 Acres

      Historic Nevada Playhouse - Investment Opportunity

      Charming 2,260 sq ft building, prime downtown location.
      119 Cherry St, Nevada, MO 64772
      View Details

    FAQs

    What type of property is this?
    Land - Build Your Dream Home on 0.42 Acres
    Where is this land located?
    The property is located at 2 Deer Run Dr Nevada, MO.
    What is the asking price?
    The asking price for this property is $19,900.
    What are key features of this property?
    This property features: 0.42-acre residential lot in Nevada, MO (64772), priced at $19,900.; Located on the edge of city limits, offering suburban tranquility with city amenities.; Approximately 149x150 feet, irregular shape.
    Request Owner's contact information
    2 Deer Run Dr Nevada, MO 64772
    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.
    2 Deer Run Dr
    Nevada, MO 64772
    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
    2 Deer Run Dr Nevada, MO 64772
    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
    Andy Remington
    Andy Remington
    Learn more
    Google sign-in failed. Please try again or use another login method.