Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    838 Vfw Dr Festus, MO 63028-3740

    Property Lookup

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

    838 Vfw Dr Festus, MO 63028-3740

    View on Map
    • Mining land & claims
    • 4,720 SF
    • 255.50 lot acres
    Off-Market
    Last Sale Oct 24, 2024
    $4,750
    Property ID
    US48-1281226
    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
    $1,165,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Mississippi Sand LLC / Building Supply
    • Fred Weber, Inc. - Festus Stone / Production Facility / Building Supply
    • Festus Stone & Asphalt / General Contractor
    • New Frontier Materials - Festus / Production Facility / Building Supply

    Property Details for 838 Vfw Dr

    Year built
    1970
    Lot size
    255.50 lot acres
    Property size
    4,720 SF
    Zone code
    PI
    Property type
    Mining land & claims
    APN
    19-4.0-17.0-0-000-001.
    APU
    19401700000001

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,165,000
      Market price range: $427k - $1.17M

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

    Location Insight

    • Map
    • Local Demand
    City
    Festus
    County
    Jefferson
    State
    Missouri
    Longitude
    -90.3767
    Latitude
    38.197
    CBSA code
    41180
    CBSA name
    ST. LOUIS, MO-IL METROPOLITAN 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
    $21,318
    $338,900
    $11,600
    $350,500
    -
    $1,123,800
    $36,100
    $1,159,900

    Comparable in this City

    • Value Estimation by Request
      8.57 Acres

      Festus, MO 63028

      QUARRIES (SAND, GRAVEL, ROCK) • 8.57 Acres
      Festus, MO 63028
      View Details
    • Value Estimation by Request
      2.67 Acres

      Festus, MO 63028

      QUARRIES (SAND, GRAVEL, ROCK) • 2.67 Acres
      Festus, MO 63028
      View Details
    • Value Estimation by Request
      250.28 Acres

      Festus, MO 63028

      QUARRIES (SAND, GRAVEL, ROCK) • 250.28 Acres
      Festus, MO 63028
      View Details
    • Value Estimation by Request
      3.15 Acres

      Festus, MO 63028

      QUARRIES (SAND, GRAVEL, ROCK) • 3.15 Acres
      Festus, MO 63028
      View Details
    • Value Estimation by Request
      23.26 Acres

      650 Vfw Dr

      QUARRIES (SAND, GRAVEL, ROCK) • 620 SF
      650 Vfw Dr, Festus, MO 63028-3704
      View Details
    • Value Estimation by Request
      48.99 Acres

      Festus, MO 63028

      QUARRIES (SAND, GRAVEL, ROCK) • 5,940 SF
      Festus, MO 63028
      View Details

    Similar Nearby for Sale

    • New
      $365,000
      Pending

      Festus Industrial Property Near Hospital

      Versatile industrial property near Mercy Jefferson Hospital.
      1045 Airport Rd, Festus, MO 63028
      View Details
    • $152,320
      10.88 Acres

      Residential Land in Festus, MO

      10.88-acre lot in Festus School District.
      5 Lot Hematite Farms Rd, Festus, MO 63028
      View Details
    • $40,000
      0.57 Acres

      Residential Land in Festus, MO

      Residential land with potential for building or expansion.
      115 Valley Vue Pl, Festus, MO 63028
      View Details
    • $325,000
      10.34 Acres

      Unrestricted Land Near Festus Amenities

      10+/- acre wooded land near Festus, ideal for development.
      Bailey School Rd, Festus, MO 63028
      View Details
    • $141,400
      10.10 Acres

      Festus Land with Creek

      10.10-acre lot in Festus School District with creek.
      1 Lot Hematite Farms Rd, Festus, MO 63028
      View Details
    • $152,320
      10.88 Acres

      Land in Festus School District

      10.88-acre lot ideal for hunting or building a home.
      4 Lot Hematite Farms Rd, Festus, MO 63028
      View Details

    Similar Nearby for Lease

    • New
      $1,000 /Mo
      Pending

      Festus Commercial Unit For Lease

      Commercial unit on Main Street in Festus, Missouri for lease.
      206 E Main St, Festus, MO 63028
      View Details
    • $1,795 /Mo
      3,570 SF

      Festus Office/Retail Space for Lease

      Updated commercial space in downtown Festus with high visibility.
      130 Main St, Festus, MO 63028
      View Details
    • Contact for pricing

      Former Restaurant with Drive-Thru

      3,136 SF former restaurant with drive-thru on 0.76 acres.
      807 Lee Ave, Festus, MO 63028
      View Details
    • $18 SF/Yr

      Renovated Office Building in Festus

      Modern, renovated office building with ample parking and convenient location.
      1320 Ymca Dr, Festus, MO 63028
      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.
    838 Vfw Dr
    Festus, MO 63028-3740
    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

    Thank You for Inquiry

    838 Vfw Dr, Festus, MO, 63028

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!