Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    106 State Highway P Potosi, MO 63664

    Property Lookup

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

    106 State Highway P Potosi, MO 63664

    View on Map
    • Commercial real estate
    • 0.46 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • McFarland - IBM (Interstate Business Management) / Tax Preparation
    • Missouri Storage / Storage Facility

    Property Details for 106 State Highway P

    Lot size
    0.46 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional commercial property, located at 106 State Hwy P in Potosi, Missouri, presents a compelling investment opportunity. Situated on a 0.46-acre lot, this general commercial building offers significant potential for a variety of uses. The asking price is $242,900, and the seller is offering a substantial incentive of $5,000 in concessions at closing, making this an even more attractive proposition for prospective buyers. The property's size, while not specified in square footage, is substantial enough to accommodate a range of business ventures. Its prime location on State Highway P ensures high visibility and accessibility, crucial for attracting customers and clients. The property's versatility allows for adaptation to suit diverse business needs, making it an ideal investment for entrepreneurs and seasoned investors alike. This is a rare chance to acquire a well-positioned commercial property in a thriving Missouri community, with the added benefit of seller-provided financial assistance. Don't miss this opportunity to secure a valuable asset in a growing market. Serious inquiries are encouraged. Further details regarding the property's specific dimensions and features are available upon request.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Potosi
    County
    Washington
    State
    Missouri
    Longitude
    -90.7793
    Latitude
    37.9265

    Comparable in this City

    • Value Estimation by Request

      Potosi, MO 63664

      COMMERCIAL (GENERAL)
      Potosi, MO 63664
      View Details
    • Value Estimation by Request
      40.00 Acres

      Potosi, MO 63664

      COMMERCIAL (GENERAL) • 40.00 Acres
      Potosi, MO 63664
      View Details
    • Value Estimation by Request
      40.00 Acres

      Potosi, MO 63664

      COMMERCIAL (GENERAL) • 40.00 Acres
      Potosi, MO 63664
      View Details
    • Value Estimation by Request

      Potosi, MO 63664

      COMMERCIAL (GENERAL)
      Potosi, MO 63664
      View Details
    • Value Estimation by Request
      78.20 Acres

      Potosi, MO 63664

      COMMERCIAL (GENERAL) • 78.20 Acres
      Potosi, MO 63664
      View Details
    • Value Estimation by Request
      0.46 Acres

      Veterans Dr

      COMMERCIAL (GENERAL) • 0.46 Acres
      Veterans Dr, Potosi, MO 63664
      View Details

    Similar Nearby for Sale

    • $239,000
      0.66 Acres

      Potosi MO Multi-Family Investment

      High-yield income property, three income streams.
      10152 Valley Rd, Potosi, MO 63664
      View Details
    • $1,275,000
      160.00 Acres

      Expansive Land with Private Lake

      Versatile 160-acre parcel near Potosi with lake and timber.
      160 State Hwy E, Potosi, MO 63664
      View Details
    • $249,900
      1,500 SF

      Potosi Farm with Spacious Home

      11+ acre property featuring a 3 bed, 2.5 bath home.
      10023 Liberty Rd, Potosi, MO 63664
      View Details
    • Contact for pricing
      0.70 Acres

      Residential Land in Gated Community

      0.7 acre residential land with lake access in Potosi.
      10450 Oakwood Rd, Potosi, MO 63664
      View Details
    • $234,000
      52.48 Acres

      Potosi, MO Agricultural Land

      52.48 acres of agricultural land for sale.
      1-19-4.0-019 -000-000-012.10000 Dr, Potosi, MO 63664
      View Details
    • $237,500
      4,400 SF

      Corner Location Commercial Property

      Commercial property in a high-traffic downtown corner location.
      201 E High St, Potosi, MO 63664
      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.
    106 State Highway P
    Potosi, MO 63664
    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!