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62-Acre Property with Income Potential
For Sale
$749,000

208 Minnow Springs Avenue, Noel, MO 64854

MULTI_FAMILY - Noel, MO

Property Size1,556 SF
Lot Size62.00 Acres
Price / SF$481.36
Days on Market87

Property Features for 208 Minnow Springs Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Subdivision Noel
Elementary school Noel
Middle school Noel
High school McDonald County
Directions take I-4 to hwy 90 and head west. the property will be located on the south side of hwy 90 directly across from elk river floats and wayside campground.
Standard status Active
APN 17-5.0-15-000-000-102.000
Size 1,556 SF
Lot size 62.00 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description Beg 400' E Of Sw Cor Sec Th N To Hwy 90 Row Th Se W/Row 415'th S 910' Th E 335' Th S To Etc
Tax Annual Amount 1067
Legal Description Beg 400' E Of Sw Cor Sec Th N To Hwy 90 Row Th Se W/Row 415'th S 910' Th E 335' Th S To Etc

Utilities

Heating system Central
Cooling system Central Air

Building Details

Year built 1974
Number of units 4
Listing Agency: Venture Group Real Estate
Listed By: Venture Group Real Estate Team · License #2019046822
Added: May 26 Changed: Jun 16 Last Checked: Aug 20 at 9:06PM
MLS# 60324745

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.

Investment Insights

Based on property information with market context.

This 62-acre property in Noel, MO, is located directly across from Elk River. It features two homes, two cabins, and a cave. The main home includes 2 bedrooms, 2 bathrooms, and an attached 2-car garage. Just off the garage is a sitting area. The two cabins and two houses offer potential for Airbnb or short-term rental income, making the property suitable for investors or entrepreneurs looking to tap into the Elk River tourism area. The property has highway visibility and direct access to outdoor recreation. It is suited for a vacation rental business, canoe rental operation, family retreat, campground, or investment property.

Key Highlights

  • 62 +/- acre property with direct Elk River access for outdoor recreation.
  • Multiple income‑producing possibilities: vacation rentals, canoe rentals, campground, or investment property.
  • Features two homes and two cabins, ideal for Airbnb or short‑term rental income.

Property Analytics

Current Use

Campgrounds

Suggested Use

Top Pick Electrical Service Auto Parts Store Grocery & Convenience Store Furniture & Home Goods (Bike/Boat/Book/etc) Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

94
Businesses Nearby

Demographics for 64854, MO

4,829
Population
1,889
Households
2.6
Avg Household Size
33
Median Age
10%
College-Educated
75%
High-School Grad
74.4 sq mi
ZIP Area
65
Density / Sq Mi
$41,173
Median Household Income
$32,723
Median Earnings
$752
Median Rent
$92,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Campground - 62-acre property with homes, cabins, and river access.
Where is this campground located?
The property is located at 208 Minnow Springs Avenue Noel, MO.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: 62 +/- acre property with direct Elk River access for outdoor recreation.; Multiple income‑producing possibilities: vacation rentals, canoe rentals, campground, or investment property.; Features two homes and two cabins, ideal for Airbnb or short‑term rental income.
More about this property
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