Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    High-Visibility Commercial Land Opportunity Title is generated by Realmo AI

    999 Preacher Roe Blvd, West Plains, MO 65775

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Prime commercial land near shopping, retail, and medical facilities.

    Type:Land
    Added:
    Dec 20, 2022
    Days on Market:
    1264
    Last Refresh:
    May 12 at 9:18 pm

    Property Features for 999 Preacher Roe Blvd

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Kimberly Grennan

    Listing agent Kimberly Grennan License #MO 2006013557

    Listing office United Country Missouri Ozarks Realty Inc

    Listing date Dec 20, 2022

    Source Crexi

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

    All listing content including descriptions, pricing, images are the copyrighted material of United Country Missouri Ozarks Realty Inc

    HighLights

    • High visibility location near Wal‑Mart and shopping with high traffic.
    • Versatile property suitable for retail, office, multi‑family, or medical use.
    • Close proximity to Ozarks Medical Center, a top‑rated hospital with recent $70 million expansion.
    • Located near Missouri State University‑West Plains with a campus of approximately 2000 students.
    • West Plains is a regional shopping and entertainment hub.
    • Access to outdoor activities including Bull Shoals and Norfork Lakes, rivers, Mark Twain National Forest, and numerous natural springs and waterfalls.

    Overview

    This commercial land offers major visibility and high traffic, situated close to shopping areas and a Wal-Mart. The location presents numerous possibilities for retail, office, multi-family, or medical developments. It is located near the amenities of West Plains, a town with a population exceeding 12,000. Ozarks Medical Center, a highly-rated hospital, recently completed a $70 million expansion, providing both general and specialized medical services. Missouri State University of West Plains, with a campus of approximately 2000 students, has its own volleyball and basketball teams. West Plains serves as the shopping and entertainment hub for Howell County, which has a population of over 40,000, and several surrounding counties. The area hosts a large Farmer’s Market every Wednesday and Saturday morning, along with specialized and boutique stores offering a variety of goods. A selection of restaurants, such as Colton’s Steakhouse and Kiko’s Hibachi and Sushi, provide dining options. The West Plains Civic Center hosts concerts and activities, and local Small Stage Theatres present plays and musicals. West Plains is the 69th largest community in Missouri, characterized by a population of professionals, service providers, and sales and office personnel. The average commute to work is 14.56 minutes. The Heart of the Ozarks is known for its outdoor activities, including Bull Shoals and Norfork Lakes, the North Fork of the White River, the Little Piney, Jack’s Fork, and the Eleven Point. Mark Twain National Forest, Taum Sauk, and Grand Gulf Parks are also nearby.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    West Plains
    County
    Howell
    State
    Missouri
    Longitude
    -91.871031
    Latitude
    36.721434

    Nearby Similar for Sale

    • $799,000
      17,200 SF

      West Plains Warehouse on 6.34 Acres

      17,200 SF warehouse with retail space on 6.34 acres.
      1205 Bratton Avenue, West Plains, MO 65775
      View Details
    • $1,700,000

      Commercial Warehouse with Multiple Dock Doors

      Large warehouse on 2+ acres with five loading docks, office buildout, and optional living quarters.
      4428 County Road 4660, West Plains, MO 65775
      View Details
    • $1,899,000
      6,000 SF

      Highway 63 Commercial Opportunity

      26.4 acres with shop, offices, living quarters, and utilities.
      6167 Us Highway 63, West Plains, MO 65775
      View Details
    • $625,000
      4,320 SF

      New Construction Quadplex in West Plains

      New construction quadplex, turn-key, ready to rent in West Plains.
      2812 Burke Avenue, West Plains, MO 65775
      View Details
    • $1,800,000

      Versatile Commercial Property on Highway 63

      4.93-acre commercial property with high visibility and multiple buildings.
      3711 N US Hwy 63, West Plains, MO 65775
      View Details
    • $349,900

      72-Acre Land with Multiple Ponds

      Land with pasture, timber, water, and build opportunities near West Plains.
      000 County Rd 8390, West Plains, MO 65775
      View Details
    • $675,000

      Turnkey Storage Investment Opportunity

      86-unit storage facility with growth potential in West Plains.
      100 Luna Drive, West Plains, MO 65775
      View Details
    • $599,000

      212 Acres of Wooded Land

      Wooded property near West Plains, Missouri, ideal for hunting.
      000 State Rte JJ, West Plains, MO 65775
      View Details
    • $475,000

      West Plains Commercial Building

      Commercial building near hospital, clinics, pharmacies, and shopping.
      808 Kentucky Avenue, West Plains, MO 65775
      View Details
    • $979,000

      Prime Commercial Development Land Opportunity

      8.9 acres at Highway 63 & Bill Virdon Blvd, West Plains.
      1587 S Us Hwy 63, West Plains, MO 65775
      View Details
    • $299,000

      West Plains Land For Sale

      32.19 acre commercial land with highway frontage in West Plains.
      N Highway 63, West Plains, MO 65775
      View Details
    • $1,025,000

      Undeveloped Land with Hunting Potential

      120+ acres with perimeter fence, ponds, and abundant wildlife.
      County Road 6750, West Plains, MO 65775
      View Details

    FAQs

    What type of property is this?
    Commercial land - Prime commercial land near shopping, retail, and medical facilities.
    Where is this commercial land located?
    The property is located at 999 Preacher Roe Blvd West Plains, MO.
    What is the asking price?
    The asking price for this property is $699,900.
    What are key features of this property?
    This property features: High visibility location near Wal‑Mart and shopping with high traffic.; Versatile property suitable for retail, office, multi‑family, or medical use.; Close proximity to Ozarks Medical Center, a top‑rated hospital with recent $70 million expansion.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Kimberly Grennan
    Real Estate License ID: MO 2006013557
    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
    999 Preacher Roe Blvd, West Plains, MO 65775
    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!