Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    905 Center St Rogersville, MO 65742

    Sponsored
    For Sale
    Contact for pricing

    Prime Commercial Land, US-60 Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    426
    This exceptional 9.29-acre commercial land parcel presents a unique investment opportunity in Rogersville, Missouri. Strategically located on US-60, it boasts over 600 feet of highway frontage, experiencing a high daily traffic volume exceeding 45,000 vehicles. The property's address is 905 W Center St, Rogersville, MO 65742, within Greene County. Its APN is 882024200050. Situated approximately two miles west of Rogersville's town center and a few miles east of Springfield, this site offers excellent visibility and accessibility. All utilities are available except sewer. The property is zoned for commercial use, making it suitable for a wide range of development projects. Its advantageous location is further enhanced by its proximity to several large residential developments, including Logan Heights, Logan West Living, and The Lodges at Logan Estates, providing a substantial existing and growing customer base. This presents a compelling opportunity for businesses seeking high visibility and access to a thriving community. The property's size and location make it ideal for various commercial ventures. Detailed site plans and further information are available upon request.

    Property Features for 905 Center St

    General Information

    Property type
    Land
    Lot Size
    404,672 SF

    We can help!

    Listing Contact
    Tyler Ray
    Tyler Ray

    Learn more

    Property Insight Report

    HighLights

    • 9.29‑acre commercial land parcel in Rogersville, MO.
    • Over 600 feet of US‑60 highway frontage with 45,000+ vehicles per day.
    • All utilities available except sewer.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Real Estate Agency Spa & Massage Center Gym & Fitness Center Accounting Firm Kitchen & Bath Showroom Auto Repair Shop HVAC Service Garden Center Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Rogersville
    County
    Greene
    State
    Missouri
    Longitude
    -93.07930550616
    Latitude
    37.115640356345

    Nearby Comparable

    • $3,750,000
      44.07 Acres

      Rogersville Land in Opportunity Zone

      44.07 acres of vacant land in Rogersville, Missouri.
      E Us Highway 60, Rogersville, MO 65742
      View Details
    • $1,351,449
      3.65 Acres

      Rogersville Commercial Land - $1.35M

      3.65 Acres, High Visibility, Hwy 60
      989 Center St, Rogersville, MO 65742
      View Details
    • Contact for pricing
      14.20 Acres

      Rogersville Commercial Land - Highway 60

      14.2 Acres, Highway 60 Frontage, High Visibility
      1201 Us Highway 60, Rogersville, MO 65742
      View Details
    • $1,074,000
      3.88 Acres

      Income-Producing Multifamily Investment Package

      Turn-key investment: 4-plex and single-family rental in Rogersville, Missouri.
      205 Helena Ave, Rogersville, MO 65742
      View Details
    • $899,000
      3.50 Acres

      New Rogersville Fourplex Investment Opportunity

      New construction fourplex in Rogersville, MO with income and appreciation potential.
      205 Helena Ave, Rogersville, MO 65742
      View Details
    • $558,003

      Commercial Land with Highway Access

      Commercial land with quick highway access and high visibility.
      Johnstown Dr, Rogersville, MO
      View Details
    • Contact for pricing

      Land Near US-60, Rogersville

      9.29 AC commercial land near US-60 in Rogersville, MO.
      905 W Center St, Rogersville, MO
      View Details
    • $390,297

      Rogersville Land Lots For Sale

      Available lots in Rogersville with existing utilities.
      302 Johnstown Dr, Rogersville, MO
      View Details
    • $399,445

      Rogersville Land Parcels Available

      Available land parcels in Rogersville, Missouri, with existing utilities.
      500 S Woodland Hls Ave, Rogersville, MO
      View Details
    • $11,799,000
      157.16 Acres

      Rogersville Vacant Land Opportunity Zone

      157.16 acres in a high-growth Missouri corridor.
      8803 E Us Highway 60, Rogersville, MO 65742
      View Details
    • $895,000
      6,525 SF

      Rogersville Executive Office Building

      Prime Rogersville location, 6,525 SF office/retail space.
      284 Redbud St, Rogersville, MO 65742
      View Details

    Nearby Similar for Sale

    • Contact for pricing
      Pending

      Rogersville Office/Warehouse/Industrial Building For Sale

      5330 sq ft office/warehouse/industrial building with strong visibility.
      412 Britt Ln, Rogersville, MO 65742
      View Details
    • $465,000
      Pending

      Rogersville Office/Warehouse/Industrial Building For Sale

      5330 sq ft office/warehouse/industrial building with strong visibility.
      412 Britt Ln, Rogersville, MO 65742
      View Details
    • $1,074,000
      3.88 Acres

      Income-Producing Multifamily Investment Package

      Turn-key investment: 4-plex and single-family rental in Rogersville, Missouri.
      205 Helena Ave, Rogersville, MO 65742
      View Details
    • $899,000
      3.50 Acres

      New Rogersville Fourplex Investment Opportunity

      New construction fourplex in Rogersville, MO with income and appreciation potential.
      205 Helena Ave, Rogersville, MO 65742
      View Details
    • $355,000
      30.00 Acres

      30 Acres Ideal for Homesteading

      30 acres perfect for horses, cattle, and building your dream home.
      Johns Ford Rd, Rogersville, MO 65742
      View Details
    • Contact for pricing
      10,500 SF

      New Retail Center in Rogersville

      New retail center with units available in Rogersville, MO.
      911 West Center St, Rogersville, MO 65742
      View Details
    • $895,000
      6,525 SF

      Rogersville Executive Office Building

      Prime Rogersville location, 6,525 SF office/retail space.
      284 Redbud St, Rogersville, MO 65742
      View Details

    FAQs

    What type of property is this?
    Land - Prime Commercial Land, US-60 Frontage
    Where is this land located?
    The property is located at 905 Center St Rogersville, MO.
    What are key features of this property?
    This property features: 9.29-acre commercial land parcel in Rogersville, MO.; Over 600 feet of US-60 highway frontage with 45,000+ vehicles per day.; All utilities available except sewer.
    (417) 351-3131
    Request Owner's contact information
    905 Center St Rogersville, MO 65742
    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.
    905 Center St
    Rogersville, MO 65742
    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
    905 Center St Rogersville, MO 65742
    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
    Tyler Ray
    Tyler Ray
    Real Estate License ID: 2018016609
    (417) 351-3131
    Learn more
    Google sign-in failed. Please try again or use another login method.