Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • 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
    Property profile & analytics

    5700 Block Hwy 60 Republic, MO 65738

    • Land
    • 8.70 lot acres
    For Sale
    View listing
    $900,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 5700 Block Hwy 60

    Lot size
    8.70 lot acres
    Property type
    Land

    Description

    This exceptional 8.7-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Republic, Missouri. Strategically located on Highway 60, this property boasts unparalleled visibility and convenient access, placing your business in a prime location for attracting customers. The lot is zoned for commercial use, offering flexibility for a wide range of development possibilities. Its proximity to the James River Freeway ensures easy connectivity to major transportation routes, enhancing accessibility for both employees and clients. Priced at $900,000, or $51,724 per acre, this land offers significant potential for growth and return on investment. The expansive acreage provides ample space for various commercial ventures, from retail establishments and restaurants to office buildings and industrial facilities. Don't miss this chance to secure a highly desirable commercial property in a rapidly growing area. The property's location on a major highway and its proximity to the James River Freeway guarantee high traffic volume and excellent exposure. This is an ideal opportunity for businesses seeking a prominent location with exceptional visibility and convenient access. The zoning allows for a variety of commercial uses, making it a versatile option for diverse business needs. Act quickly to capitalize on this exceptional investment opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Republic
    County
    Greene
    State
    Missouri
    Longitude
    -93.5206
    Latitude
    37.1381

    Comparable in this City

    • Value Estimation by Request
      5.40 Acres

      3030 Us-60

      Land • 5.40 Acres
      3030 Us-60, Republic, MO 65738
      View Details
    • Value Estimation by Request
      1.61 Acres

      Republic, MO 65738

      Land • 1.61 Acres
      Republic, MO 65738
      View Details
    • Value Estimation by Request
      1.40 Acres

      Us-60

      Land • 1.40 Acres
      0 Us-60, Republic, MO 65738
      View Details
    • Value Estimation by Request
      5.58 Acres

      307 State Highway 174

      Land • 5.58 Acres
      307 State Highway 174, Republic, MO 65738
      View Details
    • Value Estimation by Request
      0.78 Acres

      418 Us-60

      Land • 0.78 Acres
      418 Us-60, Republic, MO 65738
      View Details
    • Value Estimation by Request
      1.58 Acres

      7500 Block Hwy

      Land • 1.58 Acres
      7500 Block Hwy, Battlefield, MO 65738
      View Details

    Similar Nearby for Sale

    • $395,000
      1.58 Acres

      Prime Hwy 60 Commercial Land

      1.58 Acres, C-2 Zoning, High Traffic
      7500 Block Hwy 60, Battlefield, MO 65738
      View Details
    • Contact for pricing
      2.50 Acres

      LIC Multi-Use Space Available

      11,300 SF, 3 Suites, Flexible Lease
      101 And Hwy 60, Republic, MO 65738
      View Details
    • $900,000
      8.70 Acres

      Republic, MO Commercial Land

      8.7 Acres, Hwy 60, High Visibility
      5700 Block Hwy 60, Republic, MO 65738
      View Details
    • $270,000

      Land Lots Available For Sale

      Multiple land lots available for purchase.
      7827 W Farm Road 174, Republic, MO 65738
      View Details
    • $575,000

      Republic Land Parcels Available

      Land parcels available for purchase in Republic, Missouri.
      7881 W Farm Road 174, Republic, MO 65738
      View Details
    • $150,000
      5.70 Acres

      Republic, MO Land Opportunity

      5.70 acre lot in Republic, MO. Seller financing available.
      9140 W State Highway Tt, Republic, MO 65738
      View Details

    Similar Nearby for Lease

    • $0.74 SF/Yr
      108,900 SF

      Republic Hwy 60 Commercial Land

      High-traffic retail pad site, build-to-suit.
      1355 Us Highway 60, Republic, MO 65738
      View Details
    • Contact for pricing
      1 SF

      Prime Commercial Land for Lease

      Exceptional property with high visibility and easy access.
      1600 S 60, Republic, MO 65738
      View Details
    • Contact for pricing
      2,500 SF

      Retail Space on US-60

      Retail space available in Republic, Missouri with US-60 frontage.
      315 Us Highway 60 E, Republic, MO 65738
      View Details
    • $20 SF/Yr
      1,394 SF

      Republic Office Space For Rent

      Office spaces available, ranging from 127 to 1,606 SF.
      201-267 W Us Highway 60, Republic, MO 65738
      View Details
    • $18 SF/Yr
      24,000 SF

      Prime Retail Space in Republic

      Retail spaces available in a high-growth Republic, MO location.
      2510-2544 S State Highway Mm, Republic, MO 65738
      View Details
    • $7 SF/Yr

      Republic Industrial Building For Lease

      75,160 SF industrial building in Republic, Missouri.
      3130 E Hankins Rd, Republic, MO 65738
      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.
    5700 Block Hwy 60
    Republic, MO 65738
    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.