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    Property profile & analytics

    Institute St Richmond, MO 64085

    • Land
    • 12.88 lot acres
    For Sale
    View listing
    $149,900
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Institute St

    Lot size
    12.88 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This 12.88-acre property, located at the end of N Institute Street in Richmond, Missouri (zip code 64085), presents a unique opportunity. Situated just outside city limits, this land offers the tranquility of a rural setting with convenient access to Richmond's amenities. The property is ideal for those seeking a secluded homesite or for developers looking for an excellent opportunity. An existing easement runs in front of two homes on the property. A sign is located at the entrance for easy identification. The land is classified as Farm and Agricultural. The asking price for this exceptional piece of Missouri real estate is $149,900. The property's location offers a blend of rural peace and urban convenience, making it a highly desirable location for various purposes. Its size and zoning make it suitable for a variety of development projects or for creating a private retreat. The coordinates for the property are 39.2814441 latitude and -93.9649298 longitude, within Ray County, Missouri. This is a rare opportunity to acquire a substantial parcel of land in a desirable location.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Ray
    State
    Missouri
    Longitude
    -93.9649
    Latitude
    39.2814

    Comparable in this City

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      20.00 Acres

      42136 164Th St

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      158.00 Acres

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      Farms • 158.00 Acres
      0 Brady Creek Rd, Richmond, MO 64085
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      38.00 Acres

      Ff Hwy

      Farms • 38.00 Acres
      0 Ff Hwy, Richmond, MO 64085
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    • Value Estimation by Request
      7.81 Acres

      2 Bruns Rd

      Farms • 7.81 Acres
      2 Bruns Rd, Richmond, MO 64085
      View Details

    Similar Nearby for Sale

    • $253,500
      39.00 Acres

      Missouri Land: 39 Acres, Buildable

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    • $149,900
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      Richmond MO Farm - 12.88 Acres

      Secluded Missouri farmland, excellent development potential.
      0 Institute St, Richmond, MO 64085
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    • $1,027,000
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    • $60,000
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      Missouri Agricultural Land - $60K

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    • $125,000
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      Missouri Country Estate Lot

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    • $632,000
      79.00 Acres

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    Institute St
    Richmond, MO 64085
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    Realmo Value Estimation

    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.

    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.

    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
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