Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Westborough Dr Troy, MO 63379
    Property profile & analytics

    Westborough Dr, Troy, MO 63379

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

    Current Use by Public Records

    • Land

    Property Details for 0 Westborough Dr

    Lot size
    0.61 lot acres
    Property type
    Land

    Description

    Build your dream home on this exceptional 0.61-acre residential lot in the prestigious Westborough Estates subdivision in Troy, Missouri. Located on Westborough Drive (Lot 42), this property offers a fantastic opportunity to build in a desirable community. The lot is part of a development featuring concrete streets, streetlights, and public water and sewer services, ensuring convenience and modern infrastructure. The subdivision boasts protective covenants designed to maintain property values and create a desirable neighborhood. Enjoy easy access to shopping, schools, and employment opportunities, situated just two miles west of Troy. This lot is ready for construction, with all utilities available, including high-speed internet access. A minimum building size of 2,000 square feet is required, allowing for the creation of a substantial custom home. Several other lots are available within the subdivision, providing additional options for discerning buyers. This is a rare opportunity to own a piece of this sought-after community in Lincoln County, Missouri, with the zip code 63379. The asking price for this exceptional lot is $42,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Lincoln
    State
    Missouri
    Longitude
    -91.0387
    Latitude
    38.9723

    Comparable in this City

    • Value Estimation by Request
      20.00 Acres

      Acorn Ln

      Agricultural land / Farmland
      0 Acorn Ln, Troy, MO 63379
      View Details
    • Value Estimation by Request
      0.55 Acres

      Windrose Ln

      Land
      0 Windrose Ln, Troy, MO 63379
      View Details
    • Value Estimation by Request
      5.22 Acres

      129 Merz Mdws Dr

      Land
      129 Merz Mdws Dr, Troy, MO 63379
      View Details
    • Value Estimation by Request
      19.18 Acres

      Troy MO Sand Run Rd

      Farms
      Troy MO Sand Run Rd, Troy, MO 63379
      View Details
    • Value Estimation by Request
      0.50 Acres

      Westborough Dr

      Land
      0 Westborough Dr, Troy, MO 63379
      View Details
    • Value Estimation by Request

      Hwy 61 & Boulder Fls

      Farms
      0 Hwy 61 & Boulder Fls, Troy, MO 63379
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      One Acre Lot in Troy

      One acre lot with city utilities in Troy, Missouri.
      20 Dunn Ln, Troy, MO 63379
      View Details
    • Contact for pricing

      Land For Sale in Troy

      Land available for sale in Troy, Missouri.
      611 E Cherry St, Troy, MO 63379
      View Details
    • $750,000
      38.30 Acres

      38.3 Acres Near Troy, MO

      38.3 acres of land with minimal restrictions near Troy, MO.
      U Hwy West, Troy, MO 63379
      View Details
    • $147,000
      0.98 Acres

      Troy, MO Industrial Land

      Commercial/industrial building sites with exceptional road frontage in Troy, MO.
      Multiple Industrial Lots, Troy, MO 63379
      View Details
    • Contact for pricing

      Prime Commercial/Industrial Land Opportunity

      36 acres of commercial/industrial land ready to build.
      61 Troy Sq, Troy, MO 63379
      View Details
    • Contact for pricing

      Commercial Land at Highway Intersection

      9-acre commercial site with high visibility and traffic.
      Merlin Dr, Troy, MO 63379
      View Details

    Similar Nearby for Lease

    • $1,300 /Mo
      2,013 SF

      Remodeled Commercial Building in Troy

      Newly remodeled commercial building with excellent visibility and access.
      302 S Lincoln Dr, Troy, MO 63379
      View Details
    • $3,000 /Mo

      Troy Office Building For Lease

      Office building for lease with multiple exam rooms and entrances.
      104 Sarah Ann Blvd, Troy, MO 63379
      View Details
    • $15 SF/Yr
      6,698 SF

      Newer Retail Space in Troy

      Newer construction retail space available for rent in Troy, MO.
      60 Business Park Dr Dr, Troy, MO 63379
      View Details
    • $2,700 /Mo
      1,276 SF

      Former Drive-In Restaurant for Lease

      Equipped restaurant space with drive-in, ready for new operator.
      891 E Cherry St, Troy, MO 63379
      View Details
    • $1,300 /Mo
      2,013 SF

      Remodeled Commercial Building Near Highway

      Remodeled commercial building with highway access in Troy, Missouri.
      302 S Lincoln Dr, Troy, MO 63379
      View Details
    • Contact for pricing

      Premier Shopping Destination in Troy

      Prime retail spaces for lease in a growing market.
      55 The Plz, Troy, MO 63379
      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.
    Westborough Dr
    Troy, MO 63379
    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
    Westborough Dr, Troy, MO, 63379
    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!