Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    723 M- Hawthorne St Houston, MO 65483

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    723 M- Hawthorne St Houston, MO 65483

    View on Map
    • Multifamily properties
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Multifamily properties

    Property Details for 723 M- Hawthorne St

    Year built
    2020
    Property type
    Multifamily properties

    Description

    This exceptional investment property in the thriving town of Houston, Missouri, presents a rare opportunity to acquire three meticulously maintained duplexes. Each duplex boasts three bedrooms and two full bathrooms, offering ample living space for tenants. The units feature desirable amenities including spacious great rooms, attractive oak cabinets, a full suite of kitchen appliances, and the convenience of a covered back patio and a two-car attached garage. Constructed of durable brick, these newer duplexes are virtually maintenance-free, ensuring minimal upkeep and maximizing your return on investment. Their excellent condition further enhances their appeal to renters. The property's prime location is a significant advantage, situated within easy walking distance of local shopping centers, parks, schools, and the downtown area, ensuring high occupancy rates and strong rental demand. This turnkey investment is ready for immediate income generation, making it an ideal addition to any portfolio. The property is offered at $850,000. This is a truly exceptional opportunity to acquire a high-performing, low-maintenance multi-family investment in a desirable location. Don't miss out on this chance to secure a profitable and stable investment.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Texas
    State
    Missouri
    Longitude
    -91.9576
    Latitude
    37.3223

    Comparable in this City

    • Value Estimation by Request
      0.28 Acres

      220 Chestnut St

      Residential income properties • 0.28 Acres
      220 Chestnut St, Houston, MO 65483
      View Details
    • Value Estimation by Request
      38.00 Acres

      6680 Highway 137

      Farms • 2,030 SF
      6680 Highway 137, Houston, MO 65483
      View Details
    • Value Estimation by Request
      8.23 Acres

      8364 Highway 63

      Commercial real estate • 8.23 Acres
      8364 Highway 63, Houston, MO 65483
      View Details
    • Value Estimation by Request
      1.41 Acres

      Hwy 63rd Houston

      VACANT COMMERCIAL LAND • 1.41 Acres
      Hwy 63rd Houston, Houston, MO 65483
      View Details
    • Value Estimation by Request
      5.02 Acres

      Oakhill Dr

      VACANT COMMERCIAL LAND • 5.02 Acres
      Oakhill Dr, Houston, MO 65483
      View Details
    • Value Estimation by Request
      0.80 Acres

      C W Harry Dr

      COMMERCIAL (GENERAL) • 0.80 Acres
      C W Harry Dr, Houston, MO 65483
      View Details

    Similar Nearby for Sale

    • $30,000
      0.39 Acres

      Residential Land in Houston, MO

      Vacant lots for building a dream home in Houston, MO.
      117 Rawdon Tarn Rd, Houston, MO 65483
      View Details
    • $30,000
      0.46 Acres

      Residential Land in Houston, MO

      Vacant lots for building a dream home in Houston, MO.
      101 Rawdon Tarn Rd, Houston, MO 65483
      View Details
    • $35,000
      0.39 Acres

      Residential Land in Houston, MO

      Vacant lots for building your dream home in Houston, MO.
      108 Rawdon Tarn Rd, Houston, MO 65483
      View Details
    • $35,000
      0.33 Acres

      Residential Land in Houston, MO

      Vacant lots for building a dream home in Houston, MO.
      120 Rawdon Tarn Rd, Houston, MO 65483
      View Details
    • $70,000
      10.40 Acres

      Secluded Acreage Within City Limits

      10.4± acre wooded tract in Houston, Missouri.
      10.4 Acres Nichols Dr, Houston, MO 65483
      View Details
    • $35,000
      0.35 Acres

      Vacant Land in Houston, MO

      Vacant lots in a new subdivision, ideal for building.
      100 Rawdon Tarn Rd, Houston, MO 65483
      View Details
    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.
    723 M- Hawthorne St
    Houston, MO 65483
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!