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

    310 Sandia Cir Kirksville, MO 63501

    • Commercial real estate
    For Sale
    View listing
    $49,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US48-2041178
    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 310 Sandia Cir

    Property type
    Commercial real estate

    Description

    This exceptional 1+ acre (more or less) residential lot presents a rare opportunity in the desirable South Pointe Village subdivision of Kirksville, Missouri. Located on a quiet cul-de-sac, this property boasts a prime location within an established community, offering a peaceful setting while remaining conveniently close to amenities. The expansive lot size provides ample space for a custom home design, including the possibility of a walkout basement, maximizing the potential of the land. Its ideal placement allows for the creation of a dream home tailored to individual preferences. The lot is ready for immediate development, eliminating the need for extensive site preparation. With its generous size and desirable location, this property is perfect for those seeking to build their dream home in a tranquil yet accessible neighborhood. The address is 310 Sandia Circle, Kirksville, MO 63501. The asking price for this remarkable opportunity is $49,000. Don't miss out on this chance to secure a piece of Kirksville's desirable South Pointe Village.

    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
    Kirksville
    County
    Adair
    State
    Missouri
    Longitude
    -92.58564
    Latitude
    40.17048

    Comparable in this City

    • $49,500

      Kirksville Residential Building Lot

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      Kirksville Duplex: Prime Investment

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      1501 Baird St, Kirksville, MO 63501
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      Kirksville Multifamily Investment Opportunity

      Three-unit apartment building, remodeled, solid rental history.
      703 Franklin St, Kirksville, MO 63501
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    • $88,000

      Kirksville Triplex on Corner Lot

      Two-story triplex on a corner lot, zoned for multifamily use.
      516 Jefferson St, Kirksville, MO 63501
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    Similar Nearby for Sale

    • $33,900

      Prime Kirksville Building Lot

      Residential land, 8,000 sq ft, great location.
      0 New St, Kirksville, MO 63501
      View Details
    • $49,500

      Kirksville Residential Building Lot

      Prime building site near Truman State.
      610 Jefferson St, Kirksville, MO 63501
      View Details
    • $36,000
      1.00 Acre

      Lakeside Manor Estate Lot

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      51 Broadlawn Dr, Kirksville, MO 63501
      View Details
    • $95,000
      1 SF

      Kirksville Duplex: Prime Investment

      Charming 2-unit duplex, excellent rental income.
      1501 Baird St, Kirksville, MO 63501
      View Details
    • $249,000
      1 SF

      Kirksville Multifamily Investment Opportunity

      Three-unit apartment building, remodeled, solid rental history.
      703 Franklin St, Kirksville, MO 63501
      View Details
    • $88,000

      Kirksville Triplex on Corner Lot

      Two-story triplex on a corner lot, zoned for multifamily use.
      516 Jefferson St, Kirksville, MO 63501
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    Similar Nearby for Lease

    • Contact for pricing
      133,658 SF

      Kirksville Retail Space For Lease

      Prime Adair County retail space, multiple units available.
      2110 Baltimore St, Kirksville, MO 63501
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    • $12 SF/Yr
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      Retail Space Near University Hub

      Retail space in Kirksville, shadowed by Wal Mart.
      2104-2106 N Baltimore St, Kirksville, MO 63501
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    • $12 SF/Yr
      6,000 SF

      Kirksville Retail Space Available

      Prime Retail Space, 6,000 SF Total
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    • $5 SF/Yr
      1,320 SF

      Retail Outlots with Drive-Thru

      Retail outlots available near Truman State University.
      2110-2118 S Baltimore St, Kirksville, MO 63501
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    310 Sandia Cir
    Kirksville, MO 63501
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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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