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

    7217 Farm Road 182 Republic, MO 65738

    • Commercial real estate
    • 38.10 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US48-0811586
    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

    • Walker Heights / Housing Development

    Property Details for 7217 Farm Road 182

    Lot size
    38.10 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 38.1-acre commercial land parcel in Republic, MO, presents a fully approved development opportunity. Strategically located along W Farm Rd 182, with convenient access to major roads and commercial centers, this property is primed for immediate development. Recently annexed into the city, it boasts pre-engineered plans for 100 oversized lots, including 35 walkout lots – a unique feature for Republic. Utilities (water and sewer) are readily available. All necessary approvals from Planning and Zoning are in place, and existing structures have been removed. The sale includes all engineered drawings and reports. A major walking trail borders the southern edge, connecting to the High School, Wilson's Creek Battlefield, and the city of Republic. The property's proximity to the international airport, Amazon, Cox Health Systems, and Convoy of Hope further enhances its appeal. The planned ZZ Highway connection to the interstate within five years will significantly increase property value. The established "Walker Heights" branding, including design, artwork, URL, and website, is also included in the sale price of $2,300,000 ($60,367.45/acre). This represents a unique opportunity to build a thriving community in a rapidly growing area. The property is ready for immediate construction, offering significant investment potential.

    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
    Republic
    County
    Greene
    State
    Missouri
    Longitude
    -93.43697
    Latitude
    37.119791

    Comparable in this City

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      LIC Multi-Use Space Available

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    • $900,000
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      8.7 Acres, Hwy 60, High Visibility
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    • $67,000
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      Residential Land in Growing Subdivision

      Buildable lot in Republic, near Hwy 60, shopping, and restaurants.
      1352 E Charlton St, Republic, MO 65738
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    • $67,000
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      Residential Land in Growing Subdivision

      Buildable lot in Republic, MO, near amenities and schools.
      1219 E Charlton St, Republic, MO 65738
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    • $285,000
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      Land in Republic, Missouri

      10.75 acre lot near city and schools.
      20a Black Stone Dr, Republic, MO 65738
      View Details

    Similar Nearby for Sale

    • $395,000
      1.58 Acres

      Prime Hwy 60 Commercial Land

      1.58 Acres, C-2 Zoning, High Traffic
      7500 Block Hwy 60, Battlefield, MO 65738
      View Details
    • Contact for pricing
      2.50 Acres

      LIC Multi-Use Space Available

      11,300 SF, 3 Suites, Flexible Lease
      101 And Hwy 60, Republic, MO 65738
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    • $900,000
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      Republic, MO Commercial Land

      8.7 Acres, Hwy 60, High Visibility
      5700 Block Hwy 60, Republic, MO 65738
      View Details
    • $67,000
      0.19 Acres

      Residential Land in Growing Subdivision

      Buildable lot in Republic, near Hwy 60, shopping, and restaurants.
      1352 E Charlton St, Republic, MO 65738
      View Details
    • $67,000
      0.19 Acres

      Residential Land in Growing Subdivision

      Buildable lot in Republic, MO, near amenities and schools.
      1219 E Charlton St, Republic, MO 65738
      View Details
    • $285,000
      10.75 Acres

      Land in Republic, Missouri

      10.75 acre lot near city and schools.
      20a Black Stone Dr, Republic, MO 65738
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1 SF

      Prime Commercial Land for Lease

      Exceptional property with high visibility and easy access.
      1600 S 60, Republic, MO 65738
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    • $0.74 SF/Yr
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      Republic Hwy 60 Commercial Land

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      1355 Us Highway 60, Republic, MO 65738
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    • $1,800 /Mo
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    • $20 SF/Yr
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      Republic Office Space For Rent

      Office spaces available, ranging from 127 to 1,606 SF.
      201-267 W Us Highway 60, Republic, MO 65738
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    • $16 SF/Yr
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      Retail Space on US-60

      Retail space available in Republic, Missouri with US-60 frontage.
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    • $16 SF/Yr
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      Republic Town Center Plaza

      Retail Center, Prime Location
      542 Harrison St, Republic, MO 65738
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    7217 Farm Road 182
    Republic, MO 65738
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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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