Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Bill Virdon Blvd West Plains, MO 65775
    Back to Search
    Property profile & analytics

    Bill Virdon Blvd West Plains, MO 65775

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

    Current Use by Public Records

    • Land

    Property Details for 0 Bill Virdon Blvd

    Lot size
    2.90 lot acres
    Property type
    Land

    Description

    This exceptional 2.9-acre commercial land parcel presents a prime investment opportunity in West Plains, Missouri. Strategically located on Bill Virdon Boulevard, at the intersection of Highway 63, this property enjoys high visibility and traffic counts due to its proximity to Walmart and the bustling downtown area. The site's versatility allows for a range of development possibilities, including retail spaces, office buildings, or medical facilities. West Plains boasts a robust economy, experiencing steady growth fueled by recent significant investments such as the $70 million expansion of Ozarks Healthcare. The presence of a Missouri State University branch and several manufacturing plants further strengthens the local economy and underscores the demand for additional retail and office space. As the shopping and entertainment hub for Howell County (population exceeding 40,000) and surrounding areas, West Plains offers a thriving community with a vibrant farmers market, diverse retail options, and numerous restaurants and entertainment venues, including the West Plains Civic Center. This property represents a unique chance to capitalize on the area's economic vitality and strong potential for future growth within a well-established and attractive community. The property is located in Howell County, Missouri, zip code 65775. The asking price for this exceptional commercial land is $229,900.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    West Plains
    County
    Howell
    State
    Missouri
    Longitude
    -91.8343
    Latitude
    36.7213

    Comparable in this City

    • Value Estimation by Request
      1.00 Acre

      617 Broadway St

      Land • 1.00 Acre
      617 Broadway St, West Plains, MO 65775
      View Details
    • Value Estimation by Request
      3.95 Acres

      160 Tbd Hwy

      Land • 3.95 Acres
      160 Tbd Hwy, West Plains, MO 65775
      View Details
    • Value Estimation by Request
      97.86 Acres

      63 Bill Virdon Blvd & Us Hwy

      Land • 97.86 Acres
      63 Bill Virdon Blvd & Us Hwy, West Plains, MO 65775
      View Details
    • Value Estimation by Request
      5.00 Acres

      Us-63

      Land • 5.00 Acres
      0 Us-63, West Plains, MO 65775
      View Details
    • Value Estimation by Request
      2.50 Acres

      607 Dixon St

      Mixed-use properties • 2.50 Acres
      607 Dixon St, West Plains, MO 65775
      View Details
    • Value Estimation by Request
      16.90 Acres

      Jan Howard Expy

      Land • 16.90 Acres
      0 Jan Howard Expy, West Plains, MO 65775
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land For Sale, West Plains

      Land available for sale in West Plains, Missouri.
      130 North Howell Ave, West Plains, MO 65775
      View Details
    • Contact for pricing

      10.2 Acres Ready to Develop

      10.2 acres of land available for development.
      000 Deatherage Ave, West Plains, MO 65775
      View Details
    • $50,000
      0.46 Acres

      Land with Building and Containers

      Land featuring a building and two shipping containers.
      517 W Ann Ave, West Plains, MO 65775
      View Details
    • $299,900
      3.98 Acres

      West Plains Commercial Land Opportunity

      3.98 Acres, Prime Location, $299,900
      000 Kentucky Ave, West Plains, MO 65775
      View Details
    • $57,600
      6.40 Acres

      West Plains Land For Sale

      6.4 acres of wooded land near West Plains, Missouri.
      001 County Road 8200, West Plains, MO 65775
      View Details
    • $337,500
      45.40 Acres

      West Plains Wooded Acreage

      45+/- acre wooded sanctuary near West Plains, Missouri.
      0003 County Road 8200, West Plains, MO 65775
      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.
    Bill Virdon Blvd
    West Plains, MO 65775
    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
    Bill Virdon Blvd, West Plains, MO, 65775
    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!