Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    003 Faith Ct Bolivar, MO 65613

    Property Lookup

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

    003 Faith Ct Bolivar, MO 65613

    View on Map
    • Retail properties & Spaces
    • 1.50 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 003 Faith Ct

    Lot size
    1.50 lot acres
    Property type
    Retail properties & Spaces
    Property subtype
    Mixed-use properties

    Description

    This exceptional 1.5-acre commercial land parcel presents a remarkable opportunity in Bolivar, Missouri. Ideally situated on South Faith Court, this vacant lot boasts an enviable location within a high-traffic area, benefiting from the proximity of established businesses and newly developed residential subdivisions. The property's strategic positioning ensures excellent visibility and accessibility for any commercial venture. Infrastructure is already in place, including convenient paved street access, underground power, and readily available city water and sewer connections, minimizing initial setup costs and streamlining the development process. The property is classified as Class A and zoned for mixed-use development, allowing for a variety of commercial uses, including convenience stores, grocery stores, and quick-service restaurants. With 65,340 square feet of available air rights, the potential for expansion and development is significant. The parcel's size and location make it an exceptional investment for entrepreneurs seeking a prime location to establish a new business or for existing businesses looking to relocate to a high-growth area. The property's APN is 110614000000139000. This is a truly exceptional opportunity to acquire a prime commercial property in a thriving Missouri community. The asking price is $583,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bolivar
    County
    Polk
    State
    Missouri
    Longitude
    -93.4267
    Latitude
    37.5954

    Comparable in this City

    • Value Estimation by Request
      1.87 Acres

      002 Faith Ct

      Restaurants • 1.87 Acres
      002 Faith Ct, Bolivar, MO 65613
      View Details
    • Value Estimation by Request
      1.69 Acres

      009 Killingsworth Ave

      Individual retail properties • 1.69 Acres
      009 Killingsworth Ave, Bolivar, MO 65613
      View Details
    • Value Estimation by Request
      3,381 SF

      1605 Broadway St

      GROCERY, SUPERMARKET • 3,381 SF
      1605 Broadway St, Bolivar, MO 65613-2948
      View Details
    • Value Estimation by Request
      4,560 SF

      4825 135th Rd

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 4,560 SF
      4825 135th Rd, Bolivar, MO 65613-8160
      View Details
    • Value Estimation by Request
      7,456 SF

      460th Rd

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 7,456 SF
      460th Rd, Bolivar, MO 65613
      View Details
    • Value Estimation by Request
      1,599 SF

      204 Broadway St

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 1,599 SF
      204 Broadway St, Bolivar, MO 65613-1566
      View Details

    Similar Nearby for Sale

    • $672,000
      850 SF

      Bolivar Scooter's Coffee NNN Lease

      High-yield NNN lease, prime Bolivar location.
      603 S Springfield Ave, Bolivar, MO 65613
      View Details
    • Contact for pricing
      0.34 Acres

      Vacant Corner Lot in Bolivar

      Cleared 0.34 acre corner lot with timber borders.
      000 Prairie Ln, Bolivar, MO 65613
      View Details
    • $124,500
      Pending

      Bolivar, MO Acreage For Sale

      14.78+/- acre tract near Bolivar, ideal for custom home.
      004 E 500Th Rd, Bolivar, MO 65613
      View Details
    • $50,000
      5.55 Acres

      Land For Sale, Bolivar, MO

      5.55 acre land parcel available in Bolivar, Missouri.
      E 480Th Rd, Bolivar, MO 65613
      View Details
    • $658,920
      54.91 Acres

      Bolivar Land Investment Opportunity

      55 acres with development potential in high-demand Bolivar location.
      002 E Mt Gilead Rd, Bolivar, MO 65613
      View Details
    • $100,000
      8.99 Acres

      Land in Bolivar, Missouri

      Land with easement, wildlife, and convenient location in Bolivar.
      000 Highway D, Bolivar, MO 65613
      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.
    003 Faith Ct
    Bolivar, MO 65613
    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!