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

    2600 Bishop Ave Rolla, MO 65401-8381

    • Automotive properties
    • 22,078 SF
    • 7.50 lot acres
    OFF-MARKET
    Value Estimations
    $1,575,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US48-2004058
    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

    • Greenlight Garage / Used Car Dealer
    • Ed Morse Kia Service Center / Auto Electrical Service / Brake Shop
    • Ed Morse Kia Parts Store / Auto Parts Store
    • Ed Morse Kia Rolla / Used Car Dealer / Used Truck Dealer

    Property Details for 2600 Bishop Ave

    Year built
    1998
    Lot size
    7.50 lot acres
    Property size
    22,078 SF
    Property type
    Automotive properties
    APN
    71-04-7.0-36-003-001-004.002
    APU
    9223372036854775807

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $1,620,000
      Current use
      RESTAURANT
      $2,360,000
      Change: +46% Conversion: Difficult
      WAREHOUSE, STORAGE
      $2,155,000
      Change: +33% Conversion: Easy
      RETAIL STORES
      $1,920,000
      Change: +18% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,720,000
      Change: +6% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Rolla
    County
    Phelps
    State
    Missouri
    Longitude
    -91.76
    Latitude
    37.9702
    CBSA code
    40620
    CBSA name
    ROLLA, 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
    2023
    $33,526
    $209,090
    $369,960
    $579,050
    -
    $653,400
    $1,156,130
    $1,809,530

    Comparable in this City

    • Value Estimation by Request
      3,111 SF

      1310 State Rte 72

      VEHICLE SALES, RENTALS • 3,111 SF
      1310 State Rte 72, Rolla, MO 65401-3939
      View Details
    • Value Estimation by Request
      768 SF

      1207 Bishop Ave

      VEHICLE SALES, RENTALS • 768 SF
      1207 Bishop Ave, Rolla, MO 65401-4419
      View Details
    • Value Estimation
      $560,000
      13,300 SF

      1387 Bishop Ave

      VEHICLE SALES, RENTALS • 13,300 SF
      1387 Bishop Ave, Rolla, MO 65401-7692
      View Details
    • Value Estimation
      $1,080,000
      14,607 SF

      2540 Bishop Ave

      VEHICLE SALES, RENTALS • 14,607 SF
      2540 Bishop Ave, Rolla, MO 65401-7803
      View Details
    • Value Estimation
      $700,000
      16,400 SF

      602 Bishop Ave

      VEHICLE SALES, RENTALS • 16,400 SF
      602 Bishop Ave, Rolla, MO 65401
      View Details
    • Value Estimation by Request
      7,956 SF

      12975 Us Hwy 63

      VEHICLE SALES, RENTALS • 7,956 SF
      12975 Us Hwy 63, Rolla, MO 65401-7558
      View Details

    Similar Nearby for Sale

    • $254,500
      3,092 SF

      Rolla Retail on Historic Route

      1.29-acre retail property with frontage on I-44.
      12661 Old Highway 66, Rolla, MO 65401
      View Details
    • $5,950,000
      8,030 SF

      Truck Wash Near I-44 Exit

      Newly constructed truck wash on 3.08 acres near I-44.
      3500 Enterprise Dr, Rolla, MO 65401
      View Details
    • $1,700,000
      15,192 SF

      Prime I-44 Commercial Property

      7.6-acre property with high traffic exposure and income potential.
      363 Doolittle Outer Rd, Rolla, MO 65401
      View Details
    • $1,900,000
      1.08 Acres

      Prime Commercial Site on Route 66

      Cleared 1.076-acre commercial site with high visibility and interstate exposure.
      1413 Martin Springs Dr, Rolla, MO 65401
      View Details
    • $1,290,000
      14,816 SF

      Event Center with I-44 Frontage

      15,000 SF building on 1.36 acres with I-44 frontage.
      1701 Martin Springs Dr, Rolla, MO 65401
      View Details
    • $475,000
      0.36 Acres

      High-Visibility Retail Property in Rolla

      Commercial building in high-visibility retail area with strong income potential.
      1107 Forum Dr, Rolla, MO 65401
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      17,000 SF

      Prime Retail Space Near Walmart

      Retail space near Walmart and Missouri S&T campus.
      901-903 Strobach St, Rolla, MO 65401
      View Details
    • $5,900 /Mo
      Pending

      Versatile Commercial Space in Rolla

      Adaptable 21,000 sq ft commercial space near Hwy 72.
      1100 Highway 72 E, Rolla, MO 65401
      View Details
    • $7 SF/Yr
      14,574 SF

      Redeveloped Retail Space in Rolla

      Redeveloped retail space with open floor plan and dock.
      1001-1007 S Bishop Ave, Rolla, MO 65401
      View Details
    • Contact for pricing
      1,032 SF

      Retail Space in Prime Location

      Retail space near Missouri S&T and high-traffic area.
      201 S Bishop Ave, Rolla, MO 65401
      View Details
    • Contact for pricing
      24,049 SF

      Former Staples Retail Space Available

      24,049 SF retail space centrally located near Walmart.
      615 S Bishop Ave, Rolla, MO 65401
      View Details
    • Contact for pricing
      3,800 SF

      Retail Space Near Walmart

      3,800 SF retail space centrally located near Walmart.
      603 S Bishop Ave, Rolla, MO 65401
      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.
    2600 Bishop Ave
    Rolla, MO 65401-8381
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.