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    122-124 Spring St Nevada, MO 64772

    Sponsored
    For Sale
    $40,000

    Build your dream home or invest! 0.18 acres.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 0.18-acre residential land parcel presents a remarkable investment opportunity in the heart of Nevada, Missouri. Located at 122-124 N Spring Street, this property boasts convenient access to all utilities, eliminating the complexities and added costs often associated with new construction. The generous lot size offers ample space to construct a single-family residence with a sizable yard, perfectly suited for those seeking a comfortable and spacious living environment. Alternatively, the expansive area allows for the development of multiple properties, presenting a lucrative avenue for future investment and potential rental income. Situated in Vernon County, with the zip code 64772, this property is ideally positioned within the vibrant community of Nevada, MO. The address is clearly identified as 122-124 N Spring Street, providing easy navigation and accessibility. This is a rare chance to acquire a prime piece of land in a desirable location, offering both immediate and long-term potential. Don't miss this exceptional opportunity to build your dream home or create a substantial investment portfolio. The asking price for this remarkable property is $40,000.

    Property Features for 122-124 Spring St

    General Information

    Property type
    Land
    Lot Size
    7,841 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Nevada
    County
    Vernon
    State
    Missouri
    Longitude
    -94.364278
    Latitude
    37.8392089

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    FAQs

    What type of property is this?
    Land - Build your dream home or invest! 0.18 acres.
    Where is this land located?
    The property is located at 122-124 Spring St Nevada, MO.
    What is the asking price?
    The asking price for this property is $40,000.
    Request Owner's contact information
    122-124 Spring St Nevada, MO 64772
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    Nevada, MO 64772
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    Realmo Value Estimation

    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.

    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.

    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
    122-124 Spring St Nevada, MO 64772
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