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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Warehouses
2500 Bishop Ave Rolla, MO 65401-7803
Entity Owned
Absentee Owner
Free & Clear
Property ID
US48-1547524
Property summary
AI-generated overview
This exceptional commercial property presents a significant redevelopment opportunity in Rolla, Missouri. Located at 2500 N Bishop Ave, this 1.72-acre site boasts a prime location adjacent to Lowe's and Kohl's, ensuring high visibility and accessibility along busy Highway 63. The property includes two existing buildings totaling 20,330 square feet, constructed in 1960, each featuring one story. The property is zoned C-2, offering flexibility for a variety of commercial uses. Surrounded by numerous car dealerships and repair shops, this location benefits from consistent high traffic volume, making it ideal for businesses seeking strong exposure and customer reach. The asking price for this exceptional redevelopment opportunity is $1,900,000. This property offers significant potential for investors and developers seeking a strategic location in a thriving commercial area. The property's size and zoning provide ample room for expansion or redevelopment, catering to a wide range of commercial ventures. Don't miss this chance to acquire a prime piece of Rolla real estate.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1960
Total area
15,830 SF
Lot
2.8 ac (121,968 SF)
APN
71-04-7.0-36-003-001-007.000
UPID
US48-1547524
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$590k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.31M
Blend (final)
Blend
$590k
Owner & transaction history
STEVENS, DONALD L & HULDAH A TRUST
STEVENS, DONALD L & HULDAH A TRUST
Zoning & alternative use
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 Rolla submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rolla 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
$590,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,545,000
Current use
RETAIL STORES
$1,375,000
Change: -11% · Conversion: Moderate
Blend value · Realmo final
$590k
Range $531k – $649k · ±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
$37 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$11,313
Tax year 2024
Assessed value
$196,540
Assessed 2024
Previous assessed
$196,540
+0.0% YoY
Effective rate
5.76%
On assessed value
Assessed land
$104,540
Assessed improvement
$92,000
Land market value
$326,700
Improvement market value
$287,500
Total market value
$614,200
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1960
Heating
GRAVITY
Cooling
YES
Buildings
2
Total area
15,830 SF
Lot
2.8 ac (121,968 SF)
APN
71-04-7.0-36-003-001-007.000
UPID
US48-1547524
Jurisdiction
PHELPS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.5M
RETAIL STORES
Est. value
$1.4M
WAREHOUSE, STORAGE Current
RETAIL STORES
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
1960
Heating
GRAVITY
Cooling
Yes
Buildings
2
Lot
2.8 ac
Current owner
From public records · entity-resolved
STEVENS, DONALD L & HULDAH A TRUST
Entity
Free & Clear · 0 yrs held
Mailing address
1253 WELLINGTON DR, ROLLA, MO 65401-9399
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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