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Property profile & analytics
OFF-MARKET
Estimated value
$615,000
Community centers
1212 Independence St Republic, MO 65738-9907
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US48-0655482
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2003
Total area
15,120 SF
Lot
1.46 ac (63,772 SF)
Zoning code
INC
APN
88-17-16-300-122
UPID
US48-0655482
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Papa Murphy's | Take 'N' Bake Pizza Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$445k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$789k
Blend (final)
Blend
$615k
Owner & transaction history
Rick Hoover Properties LLC · 8 yrs held
Rick Hoover Properties LLC
since 2018
6 recorded transactions
Zoning & alternative use
INC · Republic, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Republic submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Republic submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$445,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$590,000
Current use
Blend value · Realmo final
$615k
Range $554k – $677k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$41 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$30,061
Tax year 2023
Assessed value
$461,090
Assessed 2023
Previous assessed
$461,090
+0.0% YoY
Effective rate
6.52%
On assessed value
Assessed land
$132,030
Assessed improvement
$329,060
Land market value
$412,600
Improvement market value
$1,028,300
Total market value
$1,440,900
Applied tax rate
65.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
2003
Heating
NONE
Total area
15,120 SF
Lot
1.46 ac (63,772 SF)
Zoning code
INC
APN
88-17-16-300-122
UPID
US48-0655482
Jurisdiction
GREENE
Zoning & alternative use
INC · Republic, MO
Zoning INC · permitted uses
INC · Republic, MO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Republic. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$590,000
NEIGHBORHOOD: SHOPPING CENTER Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2003
Heating
NONE
Lot
1.46 ac
Current owner
From public records · entity-resolved
Rick Hoover Properties LLC
Entity
Mailing address
3335 N US HWY 63, WEST PLAINS, MO 65775-6497
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 17, 2018
—
Rick Hoover Properties LLC
Republic Center LLC
Special Warranty Deed
$59,310 · Arvest Bank
Jun 20, 2014
—
Republic Center LLC
Sunset Johnson LLC
Warranty Deed
—
Apr 23, 2014
—
Sunset Johnson LLC
Trigild INC
Limited Warranty Deed
—
Nov 1, 2013
—
Trigild INC
Coldwater Portfolio Ptrs LLC
Grant Deed
—
Mar 23, 2006
—
Coldwater Portfolio Ptrs LLC
Republic Missouri Assocs LLC
Warranty Deed
—
Feb 21, 2006
—
Coldwater Portfolio Properties LLC
Republic Missouri Associates LLC
Warranty Deed
$73,440,000 · Greenwich Capital Financial Products INC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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