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

    18168 LIV 312 Hale, MO 64643

    View on Map
    New
    For Sale
    $350,000

    LAND - Hale, MO

    Lot size:
    23.20 Acres
    Added:
    Apr 4, 2026
    Days on Market:
    4
    Last Refresh:
    Apr 7 at 2:06 pm

    Property Features for 18168 LIV 312

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    AG
    Vegetation
    Partially Wooded
    Fencing
    Barbed Wire
    Standard status
    Active
    APN
    999999
    Lot size
    23.20 Acres

    Taxes and HOA fees

    Tax Description
    See supplements
    Tax Annual Amount
    1365

    Utilities

    Sewer type
    Septic Tank
    Water source
    Public
    Water front
    1

    Building Details

    Additional Structures
    Residence

    We can help!

    Listing Contact
    Explore Home Group

    Listing agent Explore Home Group

    Listing office Keller Williams KC North 310 NW Englewood Road Ste No., Kansas City, MO

    Listing date Apr 4, 2026

    MLS# 2612353

    Copyright © 2026 Heartland Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Missouri Land with Insulated Outbuilding

    This 23.2-acre property offers country living with open skies and quiet surroundings, located 13 miles south of Chillicothe. Approximately 5 acres are wooded, suitable for hunting, with the remaining open ground available for various uses. The property lines are defined by fencing on three sides (south, north, and east). A fully insulated 40x64x12 outbuilding, constructed in 2022, includes two 10x10 automatic garage doors. The outbuilding contains approximately 400 sq ft of living space, featuring a bedroom, full bathroom, kitchen, and sitting area. It is equipped with a Norwegian Jotul wood-burning stove, a farm sink, refrigerator, and gas range. The property is suited for building, hunting, investing, or recreational use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Suggested Use

    Department Store Kitchen & Bath Showroom Furniture & Home Goods Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Hale
    County
    Carroll
    State
    Missouri
    Longitude
    -93.412661
    Latitude
    39.674235

    Nearby Similar for Sale

    • $199,000

      Turnkey Commercial Building in Hale, MO

      Fully equipped commercial building with bar and kitchen for sale.
      219 Main Street, Hale, MO 64643
      View Details
    • $800,000

      Hale, MO Farm/Estate Auction

      159.4 acre farm with tillable land and hunting potential.
      18687 Hwy H, Hale, MO, Hale, MO 64643
      View Details
    • $990,000

      Tillable Farmland East of Avalon

      110 acres of tillable farmland with development potential.
      18687 Hwy H, Hale, MO 64643
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 23.2 acres with insulated outbuilding near Chillicothe, Missouri.
    Where is this agricultural land / farmland located?
    The property is located at 18168 LIV 312 Hale, MO.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: 23.2 acres of land offering privacy and country living, only 13 miles from Chillicothe.; Newly built (2022) and fully insulated 40x64x12 outbuilding with 400 sq ft of living space (bedroom, bathroom, kitchen, sitting area).; Approximately 5 wooded acres suitable for hunting.
    (816) 654-5676
    We can help!
    Listing Contact
    Explore Home Group
    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!