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    609 E Mount Vernon St Nixa, MO 65714
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    609 E Mount Vernon St Nixa, MO 65714

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    • Commercial real estate
    • 0.92 lot acres
    For Sale
    $107,500
    View Listing →
    Nixa Commercial Development Opportunity For Sale
    $107,500
    0.92 Acres

    Nixa Commercial Development Opportunity

    0.92-acre commercial lot on a prime corner in Nixa.

    609 E Mount Vernon Street, Nixa, MO 65714
    View Listing
    Property ID
    US48-1162432
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Hale's Fireworks LLC. Nixa Eastside / Discount Store / Party Supply Store

    Property Details for 609 E Mount Vernon St

    Lot size
    0.92 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 0.92-acre commercial lot in Nixa, Missouri, presents a remarkable opportunity for businesses seeking high visibility and convenient access. Located at 609 E Mt Vernon Street, this property enjoys a strategic position adjacent to a Dollar General and in close proximity to a Kum & Go gas station, ensuring significant foot traffic and drive-by exposure. The lot is zoned for general commercial use, offering flexibility for a wide range of business ventures. Its size provides ample space for development, allowing for the construction of a substantial building to suit diverse business needs. The high-traffic location and established commercial presence in the immediate vicinity guarantee a strong foundation for success. This property is ideal for entrepreneurs and established businesses alike, seeking a prime location to establish or expand their operations. The convenient access to major roadways ensures easy accessibility for customers and employees. This is a rare opportunity to acquire a highly visible and strategically located commercial lot in a thriving area. Don't miss out on this chance to secure a prime piece of Nixa real estate. The property's location and zoning make it an attractive investment for long-term growth and profitability.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Nixa
    County
    Christian
    State
    Missouri
    Longitude
    -93.2846
    Latitude
    37.04355

    Comparable in this City

    • $893,848
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      Nixa Commercial Lots - Highway 14

      High-traffic commercial lots, residential potential.
      1651 Mount Vernon St, Nixa, MO 65714
      View Details
    • Contact for pricing
      0.25 Acres

      Nixa, MO Freestanding Building

      High-traffic location, lease opportunity.
      109 Mount Vernon St, Nixa, MO 65714
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    • $700,000
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      Prime Commercial Land on Highway 14

      Commercial land with high visibility, ideal for development.
      212 W Mount Vernon St, Nixa, MO 65714
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    • $2,990,394

      Commercial Land For Sale

      Available commercial land with highway and general commercial zoning.
      734 N Massey Blvd, Nixa, MO 65714
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    • $1,450,000
      12,196 SF

      Prime Commercial Land Opportunity

      3.01 acres of versatile commercial land for sale.
      411 W South St, Nixa, MO 65714
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      12,196 SF

      Commercial Property on 3.01 Acres

      Versatile commercial property with open floor plan and reception area.
      411 W South St, Nixa, MO 65714
      View Details

    Similar Nearby for Sale

    • $893,848
      3.42 Acres

      Nixa Commercial Lots - Highway 14

      High-traffic commercial lots, residential potential.
      1651 Mount Vernon St, Nixa, MO 65714
      View Details
    • Contact for pricing
      0.25 Acres

      Nixa, MO Freestanding Building

      High-traffic location, lease opportunity.
      109 Mount Vernon St, Nixa, MO 65714
      View Details
    • $125,000
      1.41 Acres

      Nixa Commercial Land Opportunity

      1.41-acre commercial land parcel in a high-growth Nixa location.
      26 S Kelby Crk, Nixa, MO 65714
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    • $89,900
      Pending

      Residential Land in Nixa, Missouri

      Residential land for sale in Nixa's premier subdivision.
      The Vlg Of Cloverhill, Nixa, MO 65714
      View Details
    • $89,900
      Pending

      Residential Land in Nixa, Missouri

      Residential land for sale in Nixa, with city utilities.
      The Vlg Of Cloverhill, Nixa, MO 65714
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space with High Visibility

      Prime retail leasing opportunity with excellent accessibility and parking.
      830 W Mount Vernon St, Nixa, MO 65714
      View Details
    • $975 /Mo
      14,985 SF

      Nixa Retail/Office Space Available

      636 sq ft retail or office space in Nixa, MO.
      107 S Fort St, Nixa, MO 65714
      View Details
    • $11 SF/Yr
      2,400 SF

      Retail Space Available For Lease

      Retail space available for lease in Nixa, Missouri.
      212 N Massey Blvd, Nixa, MO 65714
      View Details
    • $8 SF/Yr

      Nixa Office/Warehouse Building For Lease

      5,724 SF office/warehouse building with loading doors and laydown yard.
      1310 N Kelly Ave, Nixa, MO 65714
      View Details
    • $9 SF/Yr

      New Warehouse Space in Nixa

      12,000 SF warehouse built in 2023, ample parking.
      2141 N Bristol Ln, Nixa, MO 65714
      View Details
    • $6,000 /Mo
      37,462 SF

      Nixa Office Space Available

      Office space for rent in Nixa, Missouri.
      216 S Village Center St, Nixa, MO 65714
      View Details
    View Listing
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    Nixa, MO 65714
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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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    609 E Mount Vernon St, Nixa, MO, 65714
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