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

    State Hwy B Hwy Hamilton, MO 64644

    • Land
    • 37.04 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 State Hwy B Hwy

    Lot size
    37.04 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 37.04-acre agricultural property in Hamilton, Missouri, presents a unique investment opportunity. Strategically located near the upcoming Little Otter Creek Watershed Project, this land offers unparalleled access to recreational and ecological benefits. The property boasts abundant usable space, suitable for various ventures, including agricultural pursuits, residential development (subject to local zoning), or recreational uses such as an RV park or vacation rentals. A stocked pond adds to the property's appeal for fishing enthusiasts. The land's convenient location provides easy access to essential amenities and major transportation routes, with nearby towns offering shopping, dining, and educational opportunities. Currently, a Conservation Reserve Program (CRP) agreement covers 14.9 acres, generating an annual payment of approximately $2472 (until the expiration date). This income stream adds significant value to the property. The asking price for this expansive parcel is $490,000. The property's versatility and strategic location make it an attractive investment for those seeking agricultural land, development potential, or a recreational retreat. Buyers are responsible for verifying all information and conducting due diligence. The property is located at NE State Hwy B Highway, Hamilton, MO 64644.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hamilton
    County
    Caldwell
    State
    Missouri
    Longitude
    -93.9264
    Latitude
    39.7175

    Comparable in this City

    • Value Estimation by Request
      56.00 Acres

      Kidder Rd Hwy

      Farms • 56.00 Acres
      0 Kidder Rd Hwy, Hamilton, MO 64644
      View Details
    • Value Estimation by Request
      9.74 Acres

      2 Independence Dr

      Farms • 9.74 Acres
      2 Independence Dr, Hamilton, MO 64644
      View Details
    • Value Estimation by Request
      10.32 Acres

      3 Independence Dr

      Farms • 10.32 Acres
      3 Independence Dr, Hamilton, MO 64644
      View Details
    • Value Estimation by Request
      9.85 Acres

      1 Gillette Rd

      Farms • 9.85 Acres
      1 Gillette Rd, Hamilton, MO 64644
      View Details
    • Value Estimation by Request
      40.00 Acres

      5361 J C Penney Dr

      Farms • 40.00 Acres
      5361 J C Penney Dr, Hamilton, MO 64644
      View Details
    • Value Estimation by Request
      163.00 Acres

      Pacific Rd

      Farms • 163.00 Acres
      0 Pacific Rd, Hamilton, MO 64644
      View Details

    Similar Nearby for Sale

    • $450,000
      0.42 Acres

      New Duplex with Expansion Potential

      New construction duplex with land to build 3 additional units.
      511 W Mcgaughy St, Hamilton, MO 64644
      View Details
    • $35,000
      0.49 Acres

      Residential Land in Hamilton, Missouri

      0.49-acre lot near school and city pool.
      408 W 6Th St, Hamilton, MO 64644
      View Details
    • $45,000
      0.25 Acres

      Residential Corner Lot in Hamilton

      Prime residential corner lot suitable for a single-family home.
      Colby St, Hamilton, MO 64644
      View Details
    • $375,000

      Commercial Lots in Quilt Town

      Three commercial lots in historic Hamilton, Missouri.
      104 W Berry St, Hamilton, MO 64644
      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.
    State Hwy B Hwy
    Hamilton, MO 64644
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.