Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    841 Francis Ave Neosho, MO 64850

    Property Lookup

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

    841 Francis Ave Neosho, MO 64850

    View on Map
    • Commercial real estate
    • 6,000 SF
    • 1.00 lot acres
    Off-Market
    Property ID
    US48-1621702
    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

    • Commercial real estate

    Property Details for 841 Francis Ave

    Lot size
    1.00 lot acres
    Property size
    6,000 SF
    Property type
    Commercial real estate

    Description

    This exceptional commercial property in Neosho, Missouri presents a unique investment opportunity. The property encompasses nearly two acres and features a brand-new, 6,000 square foot warehouse ideally suited for a variety of commercial uses. The warehouse boasts a thoughtfully designed layout prioritizing functionality and efficiency. High ceilings provide ample vertical space, perfect for storage or manufacturing operations. Abundant natural light streams in through strategically placed skylights, minimizing energy costs and creating a bright, welcoming atmosphere. Beyond the main warehouse, a secondary building (square footage not included in the 6,000 SF) offers additional space for expansion or modification. This secondary structure is structurally sound and can be renovated to meet specific needs or removed to accommodate future development plans. The property's strategic location near major industrial corridors ensures convenient access to transportation networks, making it an attractive option for businesses seeking a prominent presence in a thriving industrial area. The expansive lot provides ample space for parking, outdoor storage, or further expansion projects, offering significant flexibility for future growth. Priced at $319,000, this property represents a compelling investment in a dynamic commercial market.

    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
    Neosho
    County
    Newton
    State
    Missouri
    Longitude
    -94.36459
    Latitude
    36.82153

    Comparable in this City

    • $252,583
      6.00 Acres

      Neosho Commercial Land Investment Opportunity

      High-traffic, 6-acre commercial lot.
      2 Hwy & Kodiak Rd, Neosho, MO 64850
      View Details
    • $499,900
      6,250 SF

      Neosho Commercial Building - Great Potential

      Spacious Commercial Building, 2 Acres, Excellent Location
      Iris Rd, Neosho, MO 64850
      View Details
    • $315,000
      1,950 SF

      115 College St, Neosho, MO 64850

      Commercial real estate • 1,950 SF
      115 College St, Neosho, MO 64850
      View Details
    • $315,000
      1,950 SF

      Established Floral Shop in Neosho, MO

      Profitable business, turnkey operation, includes equipment.
      115 115 College St, Neosho, MO 64850
      View Details
    • $347,675
      7.00 Acres

      Prime Neosho Commercial Land

      7 Acres, High Traffic, I-49 Access
      4 Hwy & Kodiak Rd, Neosho, MO 64850
      View Details
    • $1,450,000

      Prime Commercial Land Opportunity

      32-acre commercial land at Highway 71 and Highway 60.
      12429 Nettle Dr, Neosho, MO 64850
      View Details

    Similar Nearby for Sale

    • $252,583
      6.00 Acres

      Neosho Commercial Land Investment Opportunity

      High-traffic, 6-acre commercial lot.
      2 Hwy & Kodiak Rd, Neosho, MO 64850
      View Details
    • $499,900
      6,250 SF

      Neosho Commercial Building - Great Potential

      Spacious Commercial Building, 2 Acres, Excellent Location
      Iris Rd, Neosho, MO 64850
      View Details
    • $315,000
      1,950 SF

      115 College St, Neosho, MO 64850

      Commercial real estate • 1,950 SF
      115 College St, Neosho, MO 64850
      View Details
    • $315,000
      1,950 SF

      Established Floral Shop in Neosho, MO

      Profitable business, turnkey operation, includes equipment.
      115 115 College St, Neosho, MO 64850
      View Details
    • $347,675
      7.00 Acres

      Prime Neosho Commercial Land

      7 Acres, High Traffic, I-49 Access
      4 Hwy & Kodiak Rd, Neosho, MO 64850
      View Details
    • $1,450,000

      Prime Commercial Land Opportunity

      32-acre commercial land at Highway 71 and Highway 60.
      12429 Nettle Dr, Neosho, MO 64850
      View Details

    Similar Nearby for Lease

    • $6 SF/Yr

      Neosho Warehouse with Fenced Area

      40x60 warehouse for lease with secure, gated outdoor space.
      13221 Jay Dr, Neosho, MO 64850
      View Details
    • $5 SF/Yr
      112,000 SF

      Neosho Distribution Warehouse for Rent

      112,000 SF distribution warehouse on 46 acres in Neosho.
      5725 Howard Bush Dr, Neosho, MO 64850
      View Details
    • $8 SF/Yr
      1,250 SF

      Visible Retail/Office Space Available

      High-traffic location with flexible layout and ample parking.
      1090 S Neosho Blvd, Neosho, MO 64850
      View Details
    • $6 SF/Yr
      2,400 SF

      Warehouse in Secure, Gated Area

      40x60 warehouse for lease within a secure, gated area.
      13221 Jay Dr, Neosho, MO 64850
      View Details
    • Contact for pricing

      Retail Space Near Walmart

      3900sf retail space in high-traffic Neosho location.
      3201 Lusk Dr, Neosho, MO 64850
      View Details
    • $8 SF/Yr
      11,100 SF

      Neosho Retail/Showroom/Industrial Space For Lease

      Flexible retail space available in Neosho, Missouri.
      1156 S Neosho Blvd, Neosho, MO 64850
      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.
    841 Francis Ave
    Neosho, MO 64850
    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!