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    Property profile & analytics

    2415 Mid-America Industrial Dr Boonville, MO 65233

    • Industrial properties
    • 50,000 SF
    • 8.73 lot acres
    For Sale
    View listing
    $1,000,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 2415 Mid-America Industrial Dr

    Lot size
    8.73 lot acres
    Property size
    50,000 SF
    Property type
    Industrial properties

    Description

    This exceptional 50,000-square-foot industrial property, situated on a generous 8.73-acre lot in Boonville, Missouri's premier industrial park, presents a compelling investment opportunity. Boasting excellent visibility from I-70, this strategically located site offers unparalleled access to major transportation arteries, placing it within easy reach of Kansas City, Columbia, Jefferson City, and St. Louis. The property is zoned for both industrial and commercial flex uses, providing significant versatility for a range of businesses. Its "vertical ready" status simplifies development, while the presence of all utilities on-site streamlines operations. The location offers significant advantages, being adjacent to established businesses such as Caterpillar, Spirit of 76, Holiday Inn Express, Arby's, Pilot Travel Center, and Wendy's, ensuring high traffic and visibility. The property's address is 2415 Mid-America Industrial Dr Unit 2415, Boonville, MO 65233. The asking price for this prime industrial asset is $1,000,000. This is a rare opportunity to acquire a substantial, well-located industrial property with significant growth potential. Don't miss out on this chance to secure a foothold in a thriving industrial area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Boonville
    County
    Cooper
    State
    Missouri
    Longitude
    -92.7794
    Latitude
    38.9374

    Comparable in this City

    • Value Estimation by Request
      8.79 Acres

      205 Mid-America Industrial Ct

      Land • 8.79 Acres
      205 Mid-America Industrial Ct, Boonville, MO 65233
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    • Value Estimation by Request
      32.19 Acres

      Mid-America Industrial Dr

      Land • 32.19 Acres
      0 Mid-America Industrial Dr, Boonville, MO 65233
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    • Value Estimation by Request
      2.69 Acres

      202 Mid-America Industrial Ct

      Land • 2.69 Acres
      202 Mid-America Industrial Ct, Boonville, MO 65233
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    • Value Estimation by Request
      5.26 Acres

      207 Fuqua Dr

      Land • 5.26 Acres
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      88,000 SF

      1615 Radio Hill Rd

      Manufacturing properties • 88,000 SF
      1615 Radio Hill Rd, Boonville, MO 65233
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      9.62 Acres

      16 Mid-America Industrial Ct

      Land • 9.62 Acres
      16 Mid-America Industrial Ct, Boonville, MO 65233
      View Details

    Similar Nearby for Sale

    • $867,061
      13.27 Acres

      Boonville Industrial Land - $867K

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      17A Mid-America Industrial Ct, Boonville, MO 65233
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    • $1,000,000
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      Boonville Industrial Park Gem

      50,000 SF Industrial Space, 8.73 Acres
      2415 Mid-America Industrial Dr, Boonville, MO 65233
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    • $628,570
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      Boonville Industrial Land for Sale

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    • $175,764
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      Boonville Industrial Land Parcel

      2.69-acre commercial/industrial lot
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    • $344,000
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      Boonville Industrial Land - $344K

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    • $995,000
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      Boonville Industrial Land - $995K

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      0 Mid-America Industrial Dr, Boonville, MO 65233
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    Boonville, MO 65233
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    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
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