Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers

    Firehouse Drive, Waynesville, MO 65583

    View on Map
    Claim this Listing
    For Sale
    $280,000

    LAND - Waynesville, MO

    Lot size:
    10.00 Acres
    Added:
    Sep 22, 2025
    Days on Market:
    238
    Last Refresh:
    May 17 at 5:06 am

    Property Features for Firehouse Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    14-3.0-05-000-000-015-007
    Lot size
    10.00 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    206

    We can help!

    Listing Contact
    Jerry D. Hunter

    Listing agent Jerry D. Hunter

    Listing office Living The Dream, Inc. MO

    Listing date Sep 22, 2025

    MLS# 60305316 Listing URL

    Copyright © 2026 Southern Missouri Regional MLS, LLC (SOMO). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime location directly off I‑44 (Exit 153) and adjacent to Route 66, offering unbeatable accessibility.
    • Development‑ready with all utilities on site: public water stubbed, city sewer running through property, and Laclede Electric underground service.
    • Excellent investment opportunity due to current R‑3 zoning with potential for modification to light industrial.
    • Proximity to Fort Leonard Wood Military Base (6 miles from West Gate), making it ideal for military personnel and related services.
    • Gated gravel entrance providing security and privacy.
    • Near schools, shopping, and local amenities, enhancing convenience.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Waynesville
    County
    Pulaski
    State
    Missouri
    Longitude
    -92.218
    Latitude
    37.7676

    Nearby Similar for Sale

    • $450,000
      7,000 SF

      Versatile Commercial Building in Waynesville

      Large commercial building in high-traffic area near Fort Leonard Wood.
      100 Ashley May, Waynesville, MO 65583
      View Details
    • $799,000

      Turnkey Event & Hospitality Venue

      Fully operational wedding and event venue on 15 acres.
      25330 Republic Road, Waynesville, MO 65583
      View Details
    • $175,000
      875 SF

      Waynesville Commercial Property with Drive-Through

      875 SF commercial space with drive-through in downtown Waynesville.
      217 North Street, Waynesville, MO 65583
      View Details
    • $899,900
      5,000 SF

      Furnished Apartment Building Near Fort

      Fully furnished 8-unit apartment building near Fort Leonard Wood.
      1809a Historic 66, Waynesville, MO 65583
      View Details
    • $394,500
      1,750 SF

      Historic Route 66 Landmark Property

      Turnkey commercial property on Historic Route 66 in Waynesville, MO.
      307 Historic Route 66, Waynesville, MO 65583
      View Details
    • $900,000
      37,461 SF

      Prime Investment Land in Waynesville

      0.86 acres near downtown Waynesville, offering business opportunities.
      404 School Street, Waynesville, MO 65583
      View Details
    • $48,500

      Picturesque Land Overlooking Gasconade River

      6.43 acre tract with river views and utilities.
      0 Laduff, Waynesville, MO 65583
      View Details
    • $22,000

      Residential Lot in Waynesville, MO

      3.37 acre residential lot ready for your vision.
      25840 Rim Drive, Waynesville, MO 65583
      View Details
    • $32,500

      Residential Land in Hunters Point

      1.02-acre residential land in a desirable Waynesville location.
      0 Salina Road, Waynesville, MO 65583
      View Details
    • $259,900
      1,248 SF

      Furnished Duplex Near Fort Leonard Wood

      Turnkey duplex near Fort Leonard Wood with income potential.
      23231 Righteous Lane, Waynesville, MO 65583
      View Details
    • $950,000
      1,216 SF

      Development-Ready Land Near Fort Leonard Wood

      40 acres with utilities, ideal for residential or mixed-use development.
      198 Firehouse Drive, Waynesville, MO 65583
      View Details
    • $150,000

      Waynesville Land I-44 Frontage

      13 acre commercial land with I-44 frontage in Waynesville, MO.
      Southside Road, Waynesville, MO 65583
      View Details

    FAQs

    Where is this commercial land located?
    The property is located at Firehouse Drive Waynesville, MO.
    What is the asking price?
    The asking price for this property is $280,000.
    What are key features of this property?
    This property features: Prime location directly off I‑44 (Exit 153) and adjacent to Route 66, offering unbeatable accessibility.; Development‑ready with all utilities on site: public water stubbed, city sewer running through property, and Laclede Electric underground service.; Excellent investment opportunity due to current R‑3 zoning with potential for modification to light industrial.
    (573) 578-0717
    We can help!
    Listing Contact
    Jerry D. Hunter
    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
    Firehouse Drive, Waynesville, MO 65583
    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!