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    418 Us-60 Republic, MO 65738
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    418 Us-60 Republic, MO 65738

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    • Retail properties & Spaces
    • 0.78 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 418 Us-60

    Lot size
    0.78 lot acres
    Property type
    Retail properties & Spaces
    Property subtype
    Office Spaces

    Description

    This exceptional 0.78-acre commercial land parcel in Republic, Missouri, presents a unique development opportunity. Strategically located on US-60, this property boasts 280 feet of frontage on the "Going to Work" side of the road, ensuring high visibility to over 20,000 vehicles daily. The site features two points of ingress/egress for convenient access. Currently zoned C-1, this versatile land allows for a variety of commercial uses, including office and retail spaces. The property includes two existing residential dwellings, currently occupied; please do not disturb the residents. This first-time-to-market offering is situated near established businesses such as Dollar General, Dairy Queen, and a soon-to-open Tropical Smoothie, as well as the Ozarks Technical Community College campus. The property consists of two parcels, APN 1719417005 & 1719417001, and is priced at $525,000. This prime location and high visibility make it an ideal investment for developers seeking a thriving commercial venture in a rapidly growing area. The address is 418 US-60, Republic, MO 65738.

    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
    Republic
    County
    Greene
    State
    Missouri
    Longitude
    -93.4861
    Latitude
    37.112

    Comparable in this City

    • Value Estimation by Request
      9,000 SF

      315 Us-60

      Office Spaces • 9,000 SF
      315 Us-60, Republic, MO 65738
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    • Value Estimation by Request
      2,000 SF

      389 Us-60

      Office Units • 2,000 SF
      389 Us-60, Republic, MO 65738
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    • Value Estimation by Request
      1,312 SF

      412 Hwy 60

      Office Units • 1,312 SF
      412 Hwy 60, Republic, MO 65738
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    • Value Estimation by Request
      1.58 Acres

      7500 Block Hwy

      Land • 1.58 Acres
      7500 Block Hwy, Battlefield, MO 65738
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      6.77 Acres

      935 College Ave

      Land • 6.77 Acres
      935 College Ave, Republic, MO 65738
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    • Value Estimation by Request
      5.40 Acres

      3030 Us-60

      Land • 5.40 Acres
      3030 Us-60, Republic, MO 65738
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,650 SF

      Highway 60 Commercial Corner Lot

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      Republic Land Parcels Available

      Land parcels available for purchase in Republic, Missouri.
      7881 W Farm Road 174, Republic, MO 65738
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    • $270,000

      Land Lots Available For Sale

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    • $270,000

      Land Lots Available For Sale

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    • $270,000

      Available Land Parcels For Sale

      Multiple land parcels available for sale in Republic, Missouri.
      970 N Oakwood Ave, Republic, MO 65738
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    • $299,900
      Pending

      Downtown Republic Commercial Property For Sale

      Commercial property in Downtown Republic with parking and flexible usage.
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    Similar Nearby for Lease

    • Contact for pricing

      Republic Industrial Building For Lease

      Industrial building for lease in Republic, Missouri, available October 2025.
      3135 E Hankins Rd, Republic, MO 65738
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    • $15 SF/Yr
      1,313 SF

      Republic Office Space For Rent

      Office spaces available, ranging from 127 to 1,606 SF.
      201-267 W Us Highway 60, Republic, MO 65738
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    • $1,800 /Mo
      8,712 SF

      High-Visibility Commercial Space in Republic

      Flexible commercial space with high visibility and easy access.
      871 Us Highway 60 E, Republic, MO 65738
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    • Contact for pricing

      Prime Commercial Space For Lease

      Commercial property for lease with high visibility and ample parking.
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    • $18 SF/Yr

      Prime Retail Space in Republic

      Retail spaces available in a high-growth Republic, MO location.
      2510-2544 S State Highway Mm, Republic, MO 65738
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    • Contact for pricing

      Retail Pad Site For Lease

      Land lease opportunity next to future Andy's Frozen Custard.
      1355 Us Highway 60, Republic, MO 65738
      View Details
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    418 Us-60
    Republic, MO 65738
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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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