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

    US-63, West Plains, MO 65775

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    40 acres of commercial land at Highway 63 and 160.

    Type:Land
    Lot size:
    40.00 Acres
    Added:
    Dec 13, 2022
    Days on Market:
    1251
    Last Refresh:
    Mar 17 at 1:15 pm

    Property Features for US-63

    General Information

    Standard status
    Active
    Lot size
    40.00 Acres
    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 13, 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

    • Prime location at the intersection of Highway 63 and Highway 160 with high traffic counts.
    • 40‑acre commercial land in West Plains, Missouri, the largest community within a 100‑mile radius.
    • Proximity to Ozark Healthcare, a major healthcare institution.
    • Close proximity to major retail businesses.
    • Flexible purchase options: Entire 40‑acre parcel or individual 1‑acre tracts available.
    • Exceptional investment opportunity in the growing South Central Missouri region.

    Overview

    This 40-acre commercial land is located in West Plains, Missouri, at the junction of Highway 63 and Highway 160. The property benefits from high visibility and accessibility, with traffic counts of over 20,000 cars a day. It is located in close proximity to major retail businesses, including Wal-Mart, Big Lots, Ruby Tuesdays, and McDonald's. West Plains is the largest community within a 100-mile radius. The property is near Ozark Healthcare, a healthcare institution with a recent $70 million-dollar expansion and a focus on specialty medicine. The location is suited for healthcare-related businesses and services, retail complex, or hospitality venture. In addition to the entire 40-acre parcel, the property offers flexibility with 1-acre tracts available for sale.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    West Plains
    County
    Howell
    State
    Missouri
    Longitude
    -91.855141
    Latitude
    36.731241

    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
    • $57,900
      1,084 SF

      Highway Frontage Commercial Property

      Commercial property with high visibility and highway access.
      11508 Us Highway 63, 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
    • $499,999

      West Plains Commercial Building For Sale

      Commercial building with great location near hospital and shopping.
      808 Kentucky 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
    • $337,500

      West Plains Wooded Acreage

      45+/- acre wooded sanctuary near West Plains, Missouri.
      0003 County Road 8200, West Plains, MO 65775
      View Details
    • $319,900
      3,125 SF

      Medical Office Space Near Hospital

      3,125 SF medical suite connected to Ozarks Healthcare Hospital.
      1115 Alaska Street, 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
    • $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
    • $799,900

      Highway Frontage Commercial Land Opportunity

      Commercial land with highway frontage and income-producing buildings for sale.
      1660, 1604 S SOUTH US HIGHWAY 63, West Plains, MO 65775
      View Details

    FAQs

    What type of property is this?
    Commercial land - 40 acres of commercial land at Highway 63 and 160.
    Where is this commercial land located?
    The property is located at US-63 West Plains, MO.
    What is the asking price?
    The asking price for this property is $3,900,000.
    What are key features of this property?
    This property features: Prime location at the intersection of Highway 63 and Highway 160 with high traffic counts.; 40‑acre commercial land in West Plains, Missouri, the largest community within a 100‑mile radius.; Proximity to Ozark Healthcare, a major healthcare institution.
    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
    Learn More
    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
    US-63, 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!