Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    216 Th St Lawson, MO 64062
    Back to Search
    Property profile & analytics

    216 Th St Lawson, MO 64062

    View on Map
    • Land
    • 19.63 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 216 Th St

    Lot size
    19.63 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 19.63-acre property in Lawson, Missouri, presents a unique opportunity for building your dream home. Located in Ray County, zip code 64062, this agricultural land boasts stunning views from its rolling hills. The site has already received building approval, and a water meter has been paid for, simplifying the construction process. Imagine building a barndominium or a beautiful ranch house overlooking your own private pond. The property's peaceful country setting is less than a mile from a gravel road, offering a tranquil escape while remaining conveniently close to major highways. The address is Lot 4 W 216th Street. The asking price for this remarkable parcel is $279,900. Coordinates are 39.4874329 latitude and -94.172179 longitude. This is an ideal location for those seeking a blend of rural living and convenient access to amenities. Don't miss this chance to own a piece of Missouri farmland.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lawson
    County
    Ray
    State
    Missouri
    Longitude
    -94.1722
    Latitude
    39.4874

    Comparable in this City

    • Value Estimation by Request
      3.79 Acres

      Lester Ln

      Farms • 3.79 Acres
      0 Lester Ln, Lawson, MO 64062
      View Details
    • Value Estimation by Request
      22.90 Acres

      Sweet St

      Farms • 22.90 Acres
      0 Sweet St, Lawson, MO 64062
      View Details
    • Value Estimation by Request
      5.00 Acres

      Lester Ln

      Farms • 5.00 Acres
      0 Lester Ln, Lawson, MO 64062
      View Details
    • Value Estimation by Request
      16.24 Acres

      206Th St

      Farms • 16.24 Acres
      0 206Th St, Lawson, MO 64062
      View Details
    • Value Estimation by Request
      53.00 Acres

      33784 168Th St

      Farms • 53.00 Acres
      33784 168Th St, Lawson, MO 64062
      View Details
    • Value Estimation by Request
      20.03 Acres

      20573 Coon Branch Rd

      Specialty properties • 20.03 Acres
      20573 Coon Branch Rd, Lawson, MO 64062
      View Details

    Similar Nearby for Sale

    • $454,000

      Corner Land Parcel For Sale

      Corner land parcel available on Hook Rd and Market St.
      2974 SW Highway Ln, Lees Summit, MO 64062
      View Details
    • $59,900
      0.19 Acres

      Residential Land in Growing Community

      Land in Salem Estates near Lawson Golf Club.
      458 Grn Dr, Lawson, MO 64062
      View Details
    • $54,500
      0.19 Acres

      Residential Land in Growing Community

      Land in Salem Estates near Lawson Golf Club.
      461 Grn Dr, Lawson, MO 64062
      View Details
    • $52,500
      0.19 Acres

      Residential Land Near Golf Club

      Residential land in growing community near Lawson Golf Club.
      451 Grn Dr, Lawson, MO 64062
      View Details
    • $59,900
      0.19 Acres

      Residential Land in Growing Community

      Land in Salem Estates near Lawson Golf Club.
      460 Grn Dr, Lawson, MO 64062
      View Details
    • $64,500
      0.19 Acres

      Residential Land Near Golf Club

      Residential land in growing community near golf club.
      420 Fairway Dr, Lawson, MO 64062
      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.
    216 Th St
    Lawson, MO 64062
    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
    216 Th St, Lawson, MO, 64062
    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!