Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    12230 Nevill Road Mountain Grove, MO 65711

    View on Map
    Pending
    $180,000

    LAND - Mountain Grove, MO

    Lot size:
    35.00 Acres
    Added:
    Mar 28, 2026
    Days on Market:
    10
    Last Refresh:
    Apr 6 at 12:06 am

    Property Features for 12230 Nevill Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Fencing
    Barbed Wire
    Standard status
    Pending
    APN
    30-0.2-09-000-000-003.02
    Lot size
    35.00 Acres

    Taxes and HOA fees

    Tax Year
    2021
    Tax Description
    Nwq Neq Ex E 277' Of N 800'
    Tax Annual Amount
    28

    Utilities

    Utilities
    Electricity Available

    We can help!

    Listing Contact
    Sarah Beller
    Sarah Beller

    Listing agent Sarah Beller License #2020002524

    Listing office Century 21 Hometown Properties 200 N Main Street - Suite D PO Box 785, Mountain Grove, MO

    Listing date Mar 28, 2026

    MLS# 60319279

    Copyright © 2026 Southern Missouri Regional MLS, LLC (SOMO). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    35 Acres Vacant Land Ready

    This is a 35-acre parcel of vacant land located in Texas County, Missouri, situated not far from Highway 60, between Mountain Grove and Cabool. The property has been prepared and includes a bridge for crossing the wet weather creek, leading to a building site suitable for a new home. Utilities are available, with both a well and electric already on the property. Dirt work has been completed in preparation for a walkout basement. A pond is located near the home site.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Suggested Use

    Food Market Farmer's Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mountain Grove
    County
    Wright
    State
    Missouri
    Longitude
    -92.148385
    Latitude
    37.129812

    Nearby Similar for Sale

    • $119,900

      Mountain Grove Commercial Opportunity

      1840 sq ft commercial property near town square.
      129 E 2nd Street, Mountain Grove, MO 65711
      View Details
    • $264,900

      Highway Frontage Retail Opportunity

      2,800 sq ft retail space with highway visibility.
      400 W Business 60, Mountain Grove, MO 65711
      View Details
    • $799,000

      Versatile Industrial Building in Mountain Grove

      53,390+/- sq ft industrial building ideal for distribution, manufacturing.
      102 W Front Street, Mountain Grove, MO 65711
      View Details
    • $519,900

      Prime Commercial Land Opportunity

      Highway frontage ideal for development near major employers and amenities.
      11239 Stave Mill Road, Mountain Grove, MO 65711
      View Details
    • $70,000

      Commercial Building with Garage

      Vacant commercial building with garage and storage in Mountain Grove.
      510 W 1st Street, Mountain Grove, MO 65711
      View Details
    • $96,000

      6.38 Acres Land, Mountain Grove

      6.38 acres of land with building spots.
      Morris Road, Mountain Grove, MO 65711
      View Details
    • $35,500

      Residential Lot in Mountain Grove

      Level lot with utilities in a quiet Ozarks town.
      426 E South Street, Mountain Grove, MO 65711
      View Details
    • $215,000

      Unrestricted Land Near Mountain Grove

      14.39 acres suitable for building or hobby farm.
      10851 Lone Pine Road, Mountain Grove, MO 65711
      View Details
    • $270,000

      Ozarks Recreational Land For Sale

      60+/- acres of diverse landscape perfect for hunting.
      Gravel Point Road, Mountain Grove, MO 65711
      View Details
    • $1,200,000

      Ozarks Land Near Mountain Grove

      258 acres of versatile land perfect for ranching, hunting.
      Grimes Mill Drive, Mountain Grove, MO 65711
      View Details
    • $135,000

      Ozarks Land with Outbuildings

      13.25 acres in Mountain Grove, Missouri with outbuildings.
      12078 Nevill Road, Mountain Grove, MO 65711
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 35 acres of vacant land with utilities and building site.
    Where is this agricultural land / farmland located?
    The property is located at 12230 Nevill Road Mountain Grove, MO.
    What is the asking price?
    The asking price for this property is $180,000.
    What are key features of this property?
    This property features: Ready‑to‑build site with well, electric, and walkout basement prep.; 35 acres m/l of vacant land.; Bridge installed for creek access.
    (417) 349-0059
    We can help!
    Listing Contact
    Sarah Beller
    Sarah Beller
    Real Estate License ID: 2020002524
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!