Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    807 W Friedman St Kirksville, MO 63501

    Property Lookup

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

    807 W Friedman St Kirksville, MO 63501

    View on Map
    • Residential land & home lots
    Off-Market
    Property ID
    US48-1576043
    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

    • Residential land & home lots

    Property Details for 807 W Friedman St

    Property type
    Residential land & home lots

    Description

    Investors & Builders take Notice! Two platted lots are available on this property zoned R1. Perfect for two single-family homes as each measure 45'x132'or go ahead and use them both for your dream home and have a spacious yard with mature trees. All utilities are adjacent to the property. For more information contact Erick Hanson at 660-341-5014 or [email protected].

    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
    Kirksville
    County
    Adair
    State
    Missouri
    Longitude
    -92.59095
    Latitude
    40.180854

    Comparable in this City

    • $34,500
      0.67 Acres

      Residential Lot in Bowers Addition

      Spacious residential lot in Kirksville's desirable Bowers Addition.
      Meadow Ln, Kirksville, MO 63501
      View Details
    • Contact for pricing

      Vacant Multi-Lot Near University

      Vacant multi-lot near Truman State University and downtown Kirksville.
      1504 Halliburton St, Kirksville, MO 63501
      View Details
    • $50,000

      Land Opportunity in Kirksville, MO

      Land for sale near downtown Kirksville, Truman State University.
      1102 George St, Kirksville, MO 63501
      View Details
    • Contact for pricing

      Vacant Lot in Kirksville, MO

      Vacant lot near downtown, university, and medical center.
      1106 George St, Kirksville, MO 63501
      View Details
    • $40,000
      Pending

      Level Lot in Kirksville, MO

      Ideal building site on a quiet street in Kirksville.
      3915 Lincoln St, Kirksville, MO 63501
      View Details
    • Contact for pricing

      Vacant Lot in Kirksville, MO

      Vacant lot near downtown, university, and medical center.
      1102 George St, Kirksville, MO 63501
      View Details

    Similar Nearby for Sale

    • $34,500
      0.67 Acres

      Residential Lot in Bowers Addition

      Spacious residential lot in Kirksville's desirable Bowers Addition.
      Meadow Ln, Kirksville, MO 63501
      View Details
    • Contact for pricing

      Vacant Multi-Lot Near University

      Vacant multi-lot near Truman State University and downtown Kirksville.
      1504 Halliburton St, Kirksville, MO 63501
      View Details
    • $50,000

      Land Opportunity in Kirksville, MO

      Land for sale near downtown Kirksville, Truman State University.
      1102 George St, Kirksville, MO 63501
      View Details
    • Contact for pricing

      Vacant Lot in Kirksville, MO

      Vacant lot near downtown, university, and medical center.
      1106 George St, Kirksville, MO 63501
      View Details
    • $40,000
      Pending

      Level Lot in Kirksville, MO

      Ideal building site on a quiet street in Kirksville.
      3915 Lincoln St, Kirksville, MO 63501
      View Details
    • Contact for pricing

      Vacant Lot in Kirksville, MO

      Vacant lot near downtown, university, and medical center.
      1102 George St, Kirksville, MO 63501
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Kirksville Commercial Land For Lease

      Commercial land available for lease in Kirksville, Missouri.
      2110 S Baltimore St, Kirksville, MO 63501
      View Details
    • Contact for pricing

      Versatile Buildings with High Visibility

      Two buildings with office, truck bays, storage, and loading dock.
      18062 Round Barn Way, Kirksville, MO 63501
      View Details
    • $5 SF/Yr

      Retail Space For Rent

      Retail space available for lease in Kirksville, Missouri.
      2110 South Baltimore St, Kirksville, MO 63501
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      Retail spaces available, ranging from 1,500 to 6,000 SqFt.
      2104 N Baltimore St, Kirksville, MO 63501
      View Details
    • Contact for pricing
      4,500 SF

      Retail Outlots with Drive-Thru

      Retail outlots available near Truman State University.
      2110-2118 S Baltimore St, Kirksville, MO 63501
      View Details
    • Contact for pricing
      6,000 SF

      Retail Space Near University Hub

      Retail space in Kirksville, shadowed by Wal Mart.
      2104-2106 N Baltimore St, Kirksville, MO 63501
      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.
    807 W Friedman St
    Kirksville, MO 63501
    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.
    Sign Up Successful!
    You now have access to more from Realmo!