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

    27191 135 Hwy Gravois Mills, MO 65037

    View on Map
    Sponsored
    For Sale
    $38,900

    LAND - Gravois Mills, MO

    Lot size:
    5.35 Acres
    Days on Market:
    16
    Last Refresh:
    Mar 26 at 11:06 pm

    Property Features for 27191 135 Hwy

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    168028000001059000
    Parking features
    Driveway
    Lot size
    5.35 Acres

    We can help!

    Listing Contact
    Richard Mangold

    Laurie Realty Enterprises LLC.

    Listing agent Richard Mangold License #2025007907

    Listing date Mar 11, 2026

    MLS# 3580711 Listing URL

    Copyright © 2026 Bagnell Dam Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Land For Sale, Gravois Mills

    This is a 5.35-acre lot suitable for building a hunting cabin or a dream home. The property features approximately 240 feet of frontage on Highway 135. An old, deep drilled well is located near the road. The property is located in Gravois Mills, MO.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hunting land

    Map

    City
    Gravois Mills
    County
    Morgan
    State
    Missouri
    Longitude
    -92.923652
    Latitude
    38.295396

    Nearby Similar for Sale

    • $1,000,000
      2,400 SF

      Successful Gravois Mills Convenience Store

      High-traffic convenience store near Lake of the Ozarks.
      25564 Highway 5, Gravois Mills, MO 65037
      View Details
    • New
      $1,495,000
      24,000 SF

      Commercial Property in Laurie Heart

      10.68 acres with cinema, retail, and restaurant spaces.
      1651 Highway O, Gravois Mills, MO 65037
      View Details
    • $1,000,000
      2,400 SF

      Successful Convenience Store Near Lake

      High-traffic convenience store with fuel and supplies near Lake of Ozarks.
      25564 Highway 5, Gravois Mills, MO 65037
      View Details
    • $99,000
      20,000 SF

      Spacious Multi-Level Warehouse Opportunity

      20,000+ sq ft warehouse with versatile space and potential.
      105 Troutdale Rd, Gravois Mills, MO 65037
      View Details
    • New
      $235,000
      1,464 SF

      Restaurant Ready in Gravois Mills

      Commercial property suited for a restaurant near Lake of the Ozarks.
      25708 Highway 5, Gravois Mills, MO 65037
      View Details
    • New
      $235,000
      1,464 SF

      Restaurant Ready in Gravois Mills

      Commercial property suited for a restaurant near Lake of the Ozarks.
      25708 Highway 5, Gravois Mills, MO 65037
      View Details
    • $539,500
      2,000 SF

      79-Acre Hobby Farm Near Lake

      79-acre farm with home and outbuildings near Lake of Ozarks.
      29687 Proctor Rd, Gravois Mills, MO 65037
      View Details
    • New
      $1,495,000
      27,662 SF

      Commercial Property in Gravois Mills

      10.68 acres with retail, restaurant, and cinema spaces.
      1651 Highway O, Gravois Mills, MO 65037
      View Details
    • $1,900,000
      11,000 SF

      Lakefront Multifamily Investment Opportunity

      Seven properties on 2.44 acres with lake access.
      33543 Delmar Dr, Gravois Mills, MO 65037
      View Details
    • $750,000
      5.00 Acres

      Two Convenience Stores For Sale

      Two convenience stores with inventory, real estate included in sale.
      30860 Webb Loop, Gravois Mills, MO 65037
      View Details
    • $750,000
      5.00 Acres

      Two Convenience Stores with Inventory

      Two convenience stores with inventory, gas pumps, and U-Haul rentals.
      30860 Webb Loop, Gravois Mills, MO 65037
      View Details
    • New
      $289,000
      5,608 SF

      Multifamily Property on Highway 5

      Investment opportunity with rental income potential in Gravois Mills.
      26503 And 26517 Hwy 5, Gravois Mills, MO 65037
      View Details

    FAQs

    What type of property is this?
    Hunting land - 5.35 acre lot with highway frontage and old well.
    Where is this hunting land located?
    The property is located at 27191 135 Hwy Gravois Mills, MO.
    What is the asking price?
    The asking price for this property is $38,900.
    What are key features of this property?
    This property features: - Large 5.35 acre lot suitable for building or recreation.; - Highway 135 frontage (240') offering accessibility.; - Existing old, deep drilled well on the property.
    (402) 669-0189
    Request Owner's contact information
    27191 135 Hwy Gravois Mills, MO 65037
    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.
    27191 135 Hwy
    Gravois Mills, MO 65037
    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
    27191 135 Hwy Gravois Mills, MO 65037
    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

    We can help!
    Listing Contact
    Richard Mangold
    Real Estate License ID: 2025007907
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!