Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    15899 Us-160 Gainesville, MO 65655

    • Specialty properties
    • 1,702 SF
    • 1.60 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for 15899 Us-160

    Year built
    1970
    Lot size
    1.60 lot acres
    Property size
    1,702 SF
    Property type
    Specialty properties
    Property subtype
    Mixed-use properties

    Description

    This versatile 1,702 sq ft, 3-bedroom, 2-bathroom ranch home sits on a spacious 1.6-acre lot along US Highway 160, just outside Gainesville, Missouri. Built in 1970, the property boasts a new well and a recently installed septic system, ensuring modern conveniences. The home features a large front deck, a portable 2-stall carport, and updated interiors including a remodeled kitchen with new appliances, countertops, backsplash, and sink. The living areas include a formal living room and a family room, perfect for entertaining. A gas line is already in place for a fireplace in the rock wall of the family room. Recent upgrades also include new interior doors, energy-efficient tilt-in windows (installed February 2023), and a metal roof (installed approximately 5 years ago). A new electric hot water heater was installed in December 2023. The property's ample land offers endless possibilities. Utilize the existing storage shed and chicken coop, or expand to create an RV park, hobby farm, or additional storage buildings. Fruit trees (apple, peach, and pear) and a garden area are already established. The property includes a shared driveway with a neighbor, with access to the neighbor's property a short distance from the main entrance. This property presents a fantastic opportunity for income generation, whether through rentals, Airbnb, or other ventures. The asking price is $279,900. The property is priced at $164.45 per square foot. Schedule a viewing today.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Gainesville
    County
    Ozark
    State
    Missouri
    Longitude
    -92.5244
    Latitude
    36.5865

    Comparable in this City

    • Value Estimation by Request
      2,280 SF

      658 Mo-5

      Multifamily properties • 2,280 SF
      658 Mo-5, Gainesville, MO 65655
      View Details
    • Value Estimation by Request
      1,416 SF

      Gainesville, MO 65655

      MOBILE HOME PARK, TRAILER PARK • 1,416 SF
      Gainesville, MO 65655
      View Details
    • Value Estimation by Request
      1,280 SF

      Gainesville, MO 65655

      MOBILE HOME PARK, TRAILER PARK • 1,280 SF
      Gainesville, MO 65655
      View Details
    • Value Estimation by Request
      0.80 Acres

      Gainesville, MO 65655

      VACANT COMMERCIAL LAND • 0.80 Acres
      Gainesville, MO 65655
      View Details
    • Value Estimation by Request
      10,000 SF

      Gainesville, MO 65655

      BULK STORAGE, TANKS • 10,000 SF
      Gainesville, MO 65655
      View Details
    • Value Estimation by Request
      2,880 SF

      Gainesville, MO 65655

      WAREHOUSE, STORAGE • 2,880 SF
      Gainesville, MO 65655
      View Details

    Similar Nearby for Sale

    • $140,000
      3,329 SF

      Gainesville Historic Building For Sale

      Renovated historic building in downtown Gainesville, ideal for various businesses.
      333 Main St, Gainesville, MO 65655
      View Details
    • $3,999,000
      1,171.00 Acres

      Expansive Ranch Land Near Bull Shoals

      Large ranch with grazing system, water resources, and recreational opportunities.
      Tbd State Hwy W, Gainesville, MO 65655
      View Details
    • $60,000
      15.40 Acres

      Gainesville, MO Vacant Land

      15.4 acres of wooded land near Gainesville, Missouri.
      County Road 804, Gainesville, MO 65655
      View Details
    • $4,900,000
      2,407.00 Acres

      Expansive Vacant Land in Gainesville, MO

      2407+/- acre vacant land with recreational opportunities in the Ozarks.
      000 County Road 803, Gainesville, MO 65655
      View Details
    • $120,000
      40.00 Acres

      40 Acres in Gainesville, MO

      Land with fields, woods, spring-fed creek, and convenient access.
      Co Rd 527, Gainesville, MO 65655
      View Details
    • $282,800
      80.00 Acres

      Forested Land Near Bull Shoals

      80 acres of forested land perfect for recreation and hunting.
      170614000000001 Hwy 160, Gainesville, MO 65655
      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.
    15899 Us-160
    Gainesville, MO 65655
    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.