Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    000 Us Highway 63 West Plains, MO 65775

    Sponsored
    For Sale
    $1,265,000

    11.5 Acres, Prime West Plains Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    406
    This exceptional 11.5-acre commercial land parcel presents a remarkable investment opportunity in West Plains, Missouri. Boasting prime frontage on US Highway 63, this property enjoys unparalleled visibility with over 20,000 vehicles passing daily. Strategically located near a major subdivision, the site is already enhanced with a pre-installed drainage pond and readily accessible city utilities, significantly streamlining the development process. The location offers easy access from both the highway and an adjacent city street, ensuring optimal accessibility for businesses and customers. The property's versatile nature lends itself to a wide range of commercial developments, from retail spaces to thriving businesses. Situated in the heart of West Plains, a vibrant community of over 12,000 residents, this location benefits from the amenities and infrastructure of the town, including the Ozarks Medical Center (recently expanded with a $70 million investment) and Missouri State University-West Plains. The asking price is $1,265,000, and additional acreage may be available. This is a truly exceptional opportunity to establish a thriving business in a high-traffic, well-established community. The property is located at 000 US Highway 63, West Plains, MO 65775.

    Property Features for 000 Us Highway 63

    General Information

    Property type
    Land
    Lot Size
    500,940 SF

    We can help!

    Listing Contact
    Kimberly Grennan
    Kimberly Grennan

    Learn more

    HighLights

    • 11.5‑acre commercial land parcel in West Plains, MO, with excellent visibility on US Highway 63, boasting over 20,000 vehicles daily.
    • Pre‑installed drainage pond and readily accessible city utilities.
    • Prime location near a major subdivision, offering easy highway and city street access.
    • Situated in West Plains (pop. 12,000+), near Ozarks Medical Center and Missouri State University‑West Plains.
    • Additional acreage available; asking price $1,265,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    West Plains
    County
    Howell
    State
    Missouri
    Longitude
    -91.845527365906
    Latitude
    36.716540269643

    Nearby Similar for Sale

    • $1,700,000
      12,500 SF

      West Plains Multifamily Investment Property

      Thirteen-unit multifamily property with long-term tenants and upside potential.
      Tanglewood Pl, West Plains, MO 65775
      View Details
    • $1,250,000

      West Plains Retail Opportunity

      Charming commercial building with retail and potential living space.
      1282 County Road 8690, West Plains, MO 65775
      View Details
    • New
      $299,000
      Pending

      Income-Producing Duplex in West Plains

      Four-unit duplex with modern amenities in a convenient location.
      1211-1217 Washington Ave, West Plains, MO 65775
      View Details
    • New
      $149,900
      1,500 SF

      New Shop Building on Acreage

      New shop building on 2.6 acres near West Plains, MO.
      4007 State Route 14, West Plains, MO 65775
      View Details
    • $950,000

      Highway Frontage Commercial Buildings For Sale

      Two commercial buildings on Highway 63 with income potential.
      1660 SOUTH Us Highway 63, West Plains, MO 65775
      View Details
    • $475,000
      Pending

      West Plains Commercial Land

      Commercial land with two buildings and highway access.
      1660 S Us Highway 63, West Plains, MO 65775
      View Details
    • $57,900

      Commercial Property on U.S. 63

      Commercial property with highway frontage and potential for various uses.
      11508 Us Highway 63, West Plains, MO 65775
      View Details
    • $429,000
      1.53 Acres

      West Plains Commercial Land

      1.53 acre commercial property in West Plains, Missouri.
      County Road 8230, West Plains, MO 65775
      View Details
    • $1,450,000
      5,760 SF

      West Plains Recycling Center

      Turn-key recycling business & home
      1219 Private Road 1060, West Plains, MO 65775
      View Details
    • $699,900
      2,000 SF

      Sugar Lily Restaurant - West Plains, MO

      Thriving turnkey restaurant, prime location.
      210 Jan Howard Expy, West Plains, MO 65775
      View Details
    • $1,950,000
      12,400 SF

      West Plains Medical Office Condo

      Class A Office, Income Producing, Multi-Tenant
      3100 Independence Sq, West Plains, MO 65775
      View Details
    • $1,320,000
      8,300 SF

      WEST PLAINS FAMILY DOLLAR

      Individual retail properties • 8,300 SF
      1308 Porter Wagoner Blvd, West Plains, MO 65775
      View Details

    FAQs

    What type of property is this?
    Land - 11.5 Acres, Prime West Plains Location
    Where is this land located?
    The property is located at 000 Us Highway 63 West Plains, MO.
    What is the asking price?
    The asking price for this property is $1,265,000.
    What are key features of this property?
    This property features: 11.5-acre commercial land parcel in West Plains, MO, with excellent visibility on US Highway 63, boasting over 20,000 vehicles daily.; Pre-installed drainage pond and readily accessible city utilities.; Prime location near a major subdivision, offering easy highway and city street access.
    (417) 293-7277
    Request Owner's contact information
    000 Us Highway 63 West Plains, MO 65775
    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.
    000 Us Highway 63
    West Plains, MO 65775
    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
    000 Us Highway 63 West Plains, MO 65775
    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
    Kimberly Grennan
    Kimberly Grennan
    Real Estate License ID: MO 2006013557
    (417) 293-7277
    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.