Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Land Near Mark Twain Forest Title is generated by Realmo AI

    0003 State Highway 72, Bunker, MO 63629

    View on Map
    Claim this Listing
    For Sale
    $110,625

    Vacant Land - Bunker, MO

    Lot size:
    37.50 Acres
    Added:
    Feb 16, 2026
    Days on Market:
    106
    Last Refresh:
    Jun 2 at 5:06 am

    Property Features for 0003 State Highway 72

    General Information

    Property type
    Land
    Property subtype
    Other
    Parking features
    Garage
    Standard status
    Active
    Lot size
    37.50 Acres

    Taxes and HOA fees

    Tax Annual Amount
    0

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Danny Miller

    Listing agent Danny Miller

    Listing office Missouri Land Company 14884 Centerline Ave., Cole Camp, MO

    Listing date Feb 16, 2026

    MLS# 11655615 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Borders Mark Twain National Forest, offering extensive outdoor recreation opportunities.
    • Easy access directly off State Highway 72.
    • 37.5 acre tract suitable for food plots, camper, or cabin.
    • Located near Bunker, Missouri.
    • Additional 37.5 acres available for purchase.
    • Reynolds County land.

    Overview

    This 37.5-acre tract of land is located five miles east of Bunker, Missouri, with direct access off State Highway 72. The property borders hundreds of acres of Mark Twain National Forest on its southern boundary, offering opportunities for outdoor recreation, including deer and turkey hunting. The land features open areas suitable for food plots and a camper or cabin. The adjoining 37.5 acres is also available for purchase. Mineral rights are reserved.
    Location Intelligence

    Current Use by Public Records

    Hunting land

    Map

    City
    Bunker
    County
    Reynolds
    State
    Missouri
    Longitude
    -91.1871
    Latitude
    37.5107

    Nearby Similar for Sale

    • $650,000
      2,730 SF

      Missouri Ozarks Homestead with Spring

      16-acre homestead featuring a high-yield natural spring and spacious home.
      3385 County Road 5615, Bunker, MO 63629
      View Details
    • $950,000
      2,730 SF

      Missouri Ozarks Homestead with Spring

      80-acre Missouri Ozarks homestead featuring a high-yield natural spring.
      3385 County Road 5615, Bunker, MO 63629
      View Details
    • $126,000

      Land with Creek and Forest

      21.37 acres with creek, pasture, and forest access.
      00 County Road 5615 (21.37 acres), Bunker, MO 63629
      View Details
    • $150,000

      Land Surrounded by National Forest

      29.99 acres of wooded land near Mark Twain Forest.
      00 County Road 5615 (29.99 acres), Bunker, MO 63629
      View Details
    • $1.00

      Missouri Ozarks Land with Spring

      80-acre property with abundant water and national forest access.
      3385 County Rd 5615, Bunker, MO 63629
      View Details
    • $24,000

      6.5 Acres Creekside Getaway Land

      6.5-acre parcel with creek access and bordering national forest.
      00 County Road 5615, Bunker, MO 63629
      View Details
    • $67,575

      Reynolds County Land Near Forest

      17.5 acres in Bunker, MO, near Mark Twain Forest.
      000011 State Highway 72, Bunker, MO 63629
      View Details

    FAQs

    What type of property is this?
    Land - 37.5 acres of land bordering Mark Twain National Forest.
    Where is this land located?
    The property is located at 0003 State Highway 72 Bunker, MO.
    What is the asking price?
    The asking price for this property is $110,625.
    What are key features of this property?
    This property features: Borders Mark Twain National Forest, offering extensive outdoor recreation opportunities.; Easy access directly off State Highway 72.; 37.5 acre tract suitable for food plots, camper, or cabin.
    (573) 528-1489
    We can help!
    Listing Contact
    Danny Miller
    Learn More
    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.
    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
    0003 State Highway 72, Bunker, MO 63629
    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!