Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    901 Devine Dr Gerald, MO 63037

    Property Lookup

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

    901 Devine Dr Gerald, MO 63037

    View on Map
    • Industrial properties
    • 6,480 SF
    • 16.80 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 901 Devine Dr

    Year built
    1990
    Lot size
    16.80 lot acres
    Property size
    6,480 SF
    Property type
    Industrial properties
    Property subtype
    Manufacturing properties

    Description

    This 16.8-acre property in Gerald, Missouri, presents a unique investment opportunity. Located at 901 Devine Dr, 63037, this vacant industrial site boasts a 6,480 square foot manufacturing building constructed in 1990. The property is zoned for industrial use and offers significant potential for various commercial and industrial ventures. Its expansive lot size provides ample room for expansion or future development. The property's strategic location in Franklin County offers convenient access to major roadways and local amenities, combining a tranquil rural setting with easy accessibility. This is a single-building property, previously used as a concrete manufacturing facility. The asking price of $299,900 is the starting bid in an auction format; a 5% buyer's premium will be added to the winning bid. The property's APN is 25-1-110-0-099-010200. This is an exceptional opportunity to acquire a substantial industrial property with significant upside potential. Serious inquiries are encouraged.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Gerald
    County
    Franklin
    State
    Missouri
    Longitude
    -91.3421
    Latitude
    38.3973

    Comparable in this City

    • Value Estimation by Request
      480 SF

      7064 Hwy Zz

      WAREHOUSE, STORAGE • 480 SF
      7064 Hwy Zz, Gerald, MO 63037
      View Details
    • Value Estimation by Request
      2,820 SF

      320 Bernhardt Ave

      LIGHT INDUSTRIAL • 2,820 SF
      320 Bernhardt Ave, Gerald, MO 63037-2300
      View Details
    • Value Estimation by Request
      11,221 SF

      6048 Hwy 50

      LIGHT INDUSTRIAL • 11,221 SF
      6048 Hwy 50, Gerald, MO 63037-1716
      View Details
    • Value Estimation by Request
      1.00 Acre

      Gerald, MO 63037

      VACANT COMMERCIAL LAND • 1.00 Acre
      Gerald, MO 63037
      View Details
    • Value Estimation by Request
      0.30 Acres

      3 Hillside Trlr Ct

      MOBILE HOME PARK, TRAILER PARK • 0.30 Acres
      3 Hillside Trlr Ct, Gerald, MO 63037-2309
      View Details
    • Value Estimation by Request
      0.10 Acres

      Fitzgerald Ave

      VACANT COMMERCIAL LAND • 0.10 Acres
      Fitzgerald Ave, Gerald, MO 63037
      View Details

    Similar Nearby for Sale

    • $152,640
      19.00 Acres

      19 Acres Near Leslie, MO

      19+/- acres ideal for building a home or weekend cabin.
      000 Grob Rd, Gerald, MO 63037
      View Details
    • Contact for pricing

      Franklin County Land For Sale

      105 acres of pasture and timber in Franklin County, MO.
      50-Tract 2 Tbd Old Hwy, Gerald, MO 63037
      View Details
    • $152,640
      19.00 Acres

      Land Near Leslie, Missouri

      19+/- acre residential land near Leslie, ideal for building.
      000 Grob Rd, Gerald, MO 63037
      View Details
    • $152,640

      Land For Sale Gerald, MO

      Land available in Franklin County, Missouri.
      000 Grob Rd, Gerald, MO 63037
      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.
    901 Devine Dr
    Gerald, MO 63037
    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!