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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    121 Elm St Mountain View, MO 65548

    • Commercial real estate
    • 2,496 SF
    • 0.06 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US48-2999435
    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 121 Elm St

    Lot size
    0.06 lot acres
    Property size
    2,496 SF
    Property type
    Commercial real estate

    Description

    This exceptional 0.06-acre commercial land parcel, located at 121 Elm Street in Mountain View, Missouri, presents a unique investment opportunity. The property boasts a substantial 2,496 square foot building, ideally situated on a main thoroughfare in the vibrant city of Mountain View. While the existing structure requires significant renovations, including roof repairs, this presents a blank canvas for a discerning investor to create a thriving commercial enterprise. The "as-is" sale condition allows for maximum flexibility in redevelopment plans. The property's prime location in the 65548 zip code offers excellent visibility and accessibility, making it an attractive proposition for a wide range of commercial uses. With a list price of $30,000, this represents a compelling entry point into the Mountain View commercial real estate market. The property's substantial size and strategic location offer significant potential for future appreciation and return on investment. Serious inquiries are encouraged to explore the possibilities of this remarkable opportunity. The county code is 29091. Coordinates are 36.9959548 latitude and -91.7012252 longitude.

    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
    Mountain View
    County
    29091
    State
    Missouri
    Longitude
    -91.7012252
    Latitude
    36.9959548

    Comparable in this City

    • $109,900
      19.14 Acres

      19 Acres in Mountain View

      Unrestricted 19-acre land near amenities, ideal for recreation or building.
      3440 Co Rd, Mountain View, MO 65548
      View Details
    • $64,900
      7.68 Acres

      Wooded Acreage in Missouri Ozarks

      7.68 acres of wooded land near Sims Valley Lake.
      000 Mtn Vw, Mountain View, MO 65548
      View Details
    • $175,000
      0.92 Acres

      Finished Office Space on Large Lot

      Finished office space on a large lot in Mountain View.
      815 County Road 3500, Mountain View, MO 65548
      View Details
    • $299,000
      45.00 Acres

      Missouri Retail Property - Highway Frontage

      45-Acre Retail Land, 2,060 SF Building
      19755 State Hwy, Mountain View, MO 65548
      View Details
    • $49,900
      3.01 Acres

      Land in Lor Linn Subdivision

      3 acres in Mountain View, Missouri, ideal for building.
      Fox Cir Dr, Mountain View, MO 65548
      View Details
    • $30,000
      0.67 Acres

      Cleared Lot in Mountain View

      Cleared 0.67 acre lot ready for new construction.
      601 E 3Rd St, Mountain View, MO 65548
      View Details

    Similar Nearby for Sale

    • $175,000
      0.92 Acres

      Finished Office Space on Large Lot

      Finished office space on a large lot in Mountain View.
      815 County Road 3500, Mountain View, MO 65548
      View Details
    • $109,900
      19.14 Acres

      19 Acres in Mountain View

      Unrestricted 19-acre land near amenities, ideal for recreation or building.
      3440 Co Rd, Mountain View, MO 65548
      View Details
    • $64,900
      7.68 Acres

      Wooded Acreage in Missouri Ozarks

      7.68 acres of wooded land near Sims Valley Lake.
      000 Mtn Vw, Mountain View, MO 65548
      View Details
    • $299,000
      45.00 Acres

      Missouri Retail Property - Highway Frontage

      45-Acre Retail Land, 2,060 SF Building
      19755 State Hwy, Mountain View, MO 65548
      View Details
    • $49,900
      3.01 Acres

      Land in Lor Linn Subdivision

      3 acres in Mountain View, Missouri, ideal for building.
      Fox Cir Dr, Mountain View, MO 65548
      View Details
    • $99,900
      15.00 Acres

      15 Acres with County Road Frontage

      15 acres of land with electric available and road frontage.
      029031000000003 Cr 3200, Mountain View, MO 65548
      View Details
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    121 Elm St
    Mountain View, MO 65548
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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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