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    Property profile & analytics

    1011 Prospect St Gallatin, MO 64640

    • Commercial real estate
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US48-2060339
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1011 Prospect St

    Property type
    Commercial real estate

    Description

    This exceptional 14,418 square foot residential lot presents a unique opportunity to build your dream home in the desirable city of Gallatin, Missouri. Located at 1011 S Prospect Street, this oversized lot offers ample space for a spacious home and landscaping. The property boasts a peaceful setting in an established neighborhood, providing a tranquil atmosphere while still enjoying the convenience of city living. Situated on the east side of Gallatin, this level lot is ready for construction, eliminating the need for extensive site preparation. Enjoy the benefits of a quiet community with the added bonus of green space directly behind the property, offering increased privacy and a natural backdrop. All essential utilities are readily available, simplifying the building process. Gallatin offers a charming small-town atmosphere combined with access to excellent schools, making it an ideal location for families. This is a rare opportunity to acquire a substantial lot in a highly sought-after area, perfect for creating a custom home tailored to your specific needs and preferences. The lot is located in Daviess County, Missouri, zip code 64640. Don't miss this chance to build your dream home in this peaceful and convenient location.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Gallatin
    County
    Daviess
    State
    Missouri
    Longitude
    -93.9562006
    Latitude
    39.9055218

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    Similar Nearby for Sale

    • Contact for pricing
      0.47 Acres

      Prime Gallatin Lakefront Lot

      Build Your Dream Commercial Space
      Z-7 Neptune Ct, Gallatin, MO 64640
      View Details
    • $40,000
      0.36 Acres

      Lake Viking Residential Lot

      0.36-acre lot near I-35
      SU2513 Gulfstream Dr, Gallatin, MO 64640
      View Details
    • $40,000
      0.36 Acres

      Lake Viking Storage Lot

      Missouri lakefront land, perfect for storage.
      SU2511 Gulfstream Dr, Gallatin, MO 64640
      View Details
    • $40,000
      0.36 Acres

      Lake Viking Lot: Build Your Dream!

      0.36-acre lot near I-35, perfect for storage.
      SU2520 Gulfstream Dr, Gallatin, MO 64640
      View Details
    • $40,000
      0.36 Acres

      Lake Viking Storage Lot

      Missouri recreational land, $40,000
      SU2507 Gulfstream Dr, Gallatin, MO 64640
      View Details
    • $40,000
      0.36 Acres

      Lake Viking Storage Lot

      0.36-acre lot near Lake Viking
      SU2504 Gulfstream Dr, Gallatin, MO 64640
      View Details
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    1011 Prospect St
    Gallatin, MO 64640
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    Realmo Value Estimation

    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.

    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.

    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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