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

    1135 Lester St Poplar Bluff, MO 63901-4833

    • Investment properties
    • 5,509 SF
    • 0.21 lot acres
    OFF-MARKET
    Last Sale
    Oct 03, 2023
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US48-2116479
    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

    • Kiddie Kingdom / Children'S Amusement Center

    Property Details for 1135 Lester St

    Year built
    1960
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.21 lot acres
    Property size
    5,509 SF
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    13-02-03.0-002-054-004.000
    APU
    1302030002054004000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Poplar Bluff
    County
    Butler
    State
    Missouri
    Longitude
    -90.4065
    Latitude
    36.7595
    CBSA code
    38740
    CBSA name
    POPLAR BLUFF, MO MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $0.00
    $0.00
    $61,700
    -
    $50,180
    $142,620
    $192,800

    Comparable in this City

    • Value Estimation by Request
      6,406 SF

      Of New Hwy 60

      STORE/OFFICE (MIXED USE) • 6,406 SF
      Of New Hwy 60, Poplar Bluff, MO 63901
      View Details
    • Value Estimation by Request
      1,608 SF

      516 Ashcroft Rd

      STORE/OFFICE (MIXED USE) • 1,608 SF
      516 Ashcroft Rd, Poplar Bluff, MO 63901-6302
      View Details
    • Value Estimation by Request
      799 SF

      Of Hwy 60th W

      STORE/OFFICE (MIXED USE) • 799 SF
      Of Hwy 60th W, Poplar Bluff, MO 63901
      View Details
    • Value Estimation by Request
      2,450 SF

      198 Hwy B B

      STORE/OFFICE (MIXED USE) • 2,450 SF
      198 Hwy B B, Poplar Bluff, MO 63901
      View Details
    • Value Estimation by Request
      4,884 SF

      501 Vine St

      STORE/OFFICE (MIXED USE) • 4,884 SF
      501 Vine St, Poplar Bluff, MO 63901-7330
      View Details
    • Value Estimation by Request
      2,911 SF

      408 Vine St

      STORE/OFFICE (MIXED USE) • 2,911 SF
      408 Vine St, Poplar Bluff, MO 63901-5838
      View Details

    Similar Nearby for Sale

    • $220,000
      4,800 SF

      Mixed-Use Property in Rural Setting

      Live and work property bordering national forest near Poplar Bluff.
      5914 Highway W, Poplar Bluff, MO 63901
      View Details
    • $79,900
      975 SF

      Renovated Mixed-Use Commercial Space

      Renovated commercial space with high visibility, suitable for various businesses.
      1614 S Broadway St, Poplar Bluff, MO 63901
      View Details
    • $120,000
      15.00 Acres

      Poplar Bluff 15-Acre Tract

      Versatile 15-acre property near Poplar Bluff, MO.
      000 Highway 67, Poplar Bluff, MO 63901
      View Details
    • $3,500,000
      25.50 Acres

      Cripple Creek Commercial Land

      25.5 Acres, Poplar Bluff, MO
      0 Pp Hwy Kanell Blvd. & Shelby Rd, Poplar Bluff, MO 63901
      View Details
    • $495,000
      17.74 Acres

      Poplar Bluff Commercial Land Available

      17.74 acres of commercial land for sale in Poplar Bluff.
      2579 Roxie Rd Lots E B & C, Poplar Bluff, MO 63901
      View Details
    • $330,000

      Poplar Bluff Brick Quadplex

      Residential income property with strong income-generating potential in Poplar Bluff.
      2700 Holly Trl, Poplar Bluff, MO 63901
      View Details

    Similar Nearby for Lease

    • $500 /Mo
      1,200 SF

      Downtown Mixed-Use Commercial Space

      1,200 sq ft mixed-use space in historic downtown Poplar Bluff.
      106 S Main St, Poplar Bluff, MO 63901
      View Details
    • $4,000 /Mo
      8,000 SF

      Versatile Commercial Space on Highway

      8,000 sq ft building for lease or sale.
      2323 Cheshire Blvd, Poplar Bluff, MO 63901
      View Details
    • $1,850 /Mo
      1,960 SF

      Prime Retail/Office Space Available

      Highly visible 1,960 sq ft commercial suite for lease.
      1213 Sterling Dr, Poplar Bluff, MO 63901
      View Details
    • $1,850 /Mo
      1,862 SF

      Prime Retail/Office Space Available

      Highly visible 1,860 sq ft commercial suite for lease.
      1201 Sterling Dr, Poplar Bluff, MO 63901
      View Details
    • $16 SF/Yr
      3,200 SF

      Prime Retail Space Available

      Retail spaces in high-traffic Poplar Bluff location.
      1915-1935 N Westwood Blvd, Poplar Bluff, MO 63901
      View Details
    • $1,100 /Mo

      Remodeled Retail/Office Space Available

      Remodeled 1,000 sq ft retail/office space in high-traffic location.
      1106 Vine St, Poplar Bluff, MO 63901
      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.
    1135 Lester St
    Poplar Bluff, MO 63901-4833
    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.