Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    989 Center St Rogersville, MO 65742
    Back to Search
    Property profile & analytics

    989 Center St, Rogersville, MO 65742

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

    Current Use by Public Records

    • Land

    Property Details for 989 Center St

    Lot size
    3.65 lot acres
    Property type
    Land

    Description

    This exceptional 3.65-acre commercial land parcel presents a compelling investment opportunity in Rogersville, Missouri. Strategically located on West Center Street, just off Highway 60, this property boasts excellent visibility and accessibility. The asking price is $1,351,449, translating to $8.50 per square foot. The land is zoned Commercial-1, making it suitable for a variety of commercial developments. Its prime location benefits from the proximity to the new Logan Estates apartment development, creating significant built-in demand for commercial services. This burgeoning residential area, comprising both single-family and multi-family homes, ensures a substantial customer base for future businesses. The property's convenient location also offers easy access to Southeast Springfield, just a short 10-minute drive away. The seller will consider dividing the property, potentially adjusting the pricing to reflect smaller lot sizes. This presents a unique chance to acquire a highly visible and well-situated commercial tract in a rapidly growing area. The property's address is 989 W Center St, Rogersville, MO 65742, within Greene County.

    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
    Rogersville
    County
    Greene
    State
    Missouri
    Longitude
    -93.0773
    Latitude
    37.1187

    Comparable in this City

    • Value Estimation by Request
      1.13 Acres

      Johnstown Dr

      Land
      0 Johnstown Dr, Rogersville, MO 65742
      View Details
    • Value Estimation by Request

      60 & 125 Us Hwy

      Land
      60 & 125 Us Hwy, Rogersville, MO 65742
      View Details
    • Value Estimation by Request
      14.95 Acres

      857 Redbud St

      Land
      857 Redbud St, Rogersville, MO 65742
      View Details
    • Value Estimation by Request
      26.77 Acres

      7900 Us-60

      Land
      7900 Us-60, Rogersville, MO 65742
      View Details
    • Value Estimation by Request
      13.00 Acres

      6409 Us-60

      Land
      6409 Us-60, Rogersville, MO 65742
      View Details
    • Value Estimation by Request
      14.88 Acres

      4374 Mary Rd

      Land
      4374 Mary Rd, Rogersville, MO 65742
      View Details

    Similar Nearby for Sale

    • $150,000
      6.22 Acres

      Land on Panther Creek

      6.22 acres on Panther Creek in Rogersville, Missouri.
      State Highway B, Rogersville, MO 65742
      View Details
    • New
      $364,900
      10.00 Acres

      Rogersville Land: Private, Peaceful Setting

      Rare 10-acre tract in a desirable, convenient location.
      S Blessed Ln, Rogersville, MO 65742
      View Details
    • $725,000
      59.00 Acres

      60 Acres in Rogersville, MO

      60-acre parcel in Rogersville School District.
      Watts Rd, Rogersville, MO 65742
      View Details
    • New
      $159,900
      Pending

      Land in Rogersville School District

      5-acre land offers country living with unbeatable convenience.
      Vv Tract 5d State Hwy, Rogersville, MO 65742
      View Details
    • $147,900
      Pending

      Land Parcel in Rogersville, MO

      4.85 acre land parcel ready to build on.
      Shiloh Rd, Rogersville, MO 65742
      View Details
    • $229,000
      12.29 Acres

      Land in Rogersville, Missouri

      12.29 acres in Rogersville, Logan Rogersville School District.
      10193 E Beth Ln, Rogersville, MO 65742
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Prime Land with Highway Visibility

      Exceptional 26.77-acre commercial land with high traffic and visibility.
      7900 Us Highway 60, Rogersville, MO 65742
      View Details
    • Contact for pricing

      Commercial Acres for Lease

      27.2 commercial acres available for lease with high visibility.
      60 & 125 E Us Hwy, Marshfield, MO 65742
      View Details
    • Contact for pricing

      Highway 60 Commercial Land

      Commercial land with high visibility along Highway 60 corridor.
      60 & 125 East Us Hwy, Rogersville, MO 65742
      View Details
    • $65,000

      Commercial Land Along Highway 60

      27.2 commercial acres for lease with high visibility.
      60 & 125 East Us Hwy, Rogersville, MO 65742
      View Details
    • Contact for pricing

      Prime Highway Frontage Land

      26.77 acres with high visibility and easy access.
      7900 Us Highway 60, Rogersville, MO 65742
      View Details
    • Contact for pricing

      New Retail Center in Rogersville

      New retail spaces available for lease in Rogersville, Missouri.
      911 W Center St, Rogersville, MO 65742
      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.
    989 Center St
    Rogersville, MO 65742
    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
    989 Center St, Rogersville, MO, 65742
    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!