Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Land Near Highway 60 Title is generated by Realmo AI

    29 Enterprise Drive, Seymour, MO 65746

    View on Map
    Claim this Listing
    Pending
    $65,000

    LAND - Seymour, MO

    Lot size:
    5.00 Acres
    Added:
    Dec 17, 2018
    Days on Market:
    2711
    Last Refresh:
    May 20 at 2:06 pm

    Property Features for 29 Enterprise Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    Lot size
    5.00 Acres

    Taxes and HOA fees

    Tax Year
    2017
    Tax Annual Amount
    9

    We can help!

    Listing Contact
    Louie Michael Bunch

    Listing agent Louie Michael Bunch

    Listing office The Firm Real Estate, LLC 1715 James River Road, Ozark, MO

    Listing date Dec 17, 2018

    MLS# 60125741 Listing URL

    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.

    HighLights

    • 5 +/- acre tract of land
    • Located off Highway 60, a major corridor between Memphis and Springfield
    • Outside city limits of Seymour, Missouri
    • Located in Webster County, Missouri with NO zoning restrictions
    • Land owner willing to share nearby well and improve easement
    • Buyer can add their own wells

    Overview

    This is a 5.00 +/- acre tract of land, specifically Tract 11, situated off Highway 60 in Seymour, Missouri. The total area of the tract is approximately 217,800 square feet. Located just outside the city limits of Seymour, the property resides within Webster County, Missouri, which has no zoning restrictions. The land owner is willing to enter into an agreement to share a nearby well and improve the easement. Buyers also have the option to add their own wells. A final survey will be completed upon contract.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Seymour
    County
    Webster
    State
    Missouri
    Longitude
    -92.7897
    Latitude
    37.1564

    Nearby Similar for Sale

    • $2,250,000
      900 SF

      Meat Processing Facility on 7 Acres

      USDA-certified meat processing facility with commercial-grade infrastructure on 7 acres.
      1258 Winningham Road, Seymour, MO 65746
      View Details
    • $21,500

      Commercial Lot on Main Street

      Prime commercial lot in growing Seymour, Missouri community.
      120 N Main Street, Seymour, MO 65746
      View Details
    • $21,500

      Land on Main Street

      Commercial lot in growing Seymour community, ready for development.
      120 N Main Street, Seymour, MO 65746
      View Details
    • $799,000

      90 Acres Land with Pond

      90-acre property with pond, well, electric, and pole shed.
      420 Lake Valley Drive, Seymour, MO 65746
      View Details
    • $60,000

      Land in Seymour, Missouri

      Located in the heart of Seymour, near the city square.
      320 E Washington Street, Seymour, MO 65746
      View Details
    • $82,500

      Seven Acres on Blacktop Highway

      Seven acres of land with mature timber and pasture.
      State Highway Nn, Seymour, MO 65746
      View Details
    • $720,000

      80 Acres Ozarks Farm Land

      80 acres of land with pastures, creek, and wildlife.
      4723 Saddle Club Road, Seymour, MO 65746
      View Details
    • $299,900

      27 Acres in Diggins, MO

      27.08 acres in Diggins with highway access and utilities.
      1800 State Highway O, Seymour, MO 65746
      View Details
    • $150,000

      Land For Sale Seymour, MO

      Land for sale close to highway in Seymour, Missouri.
      369 Oak Lawn, Seymour, MO 65746
      View Details
    • $74,900

      Land in Growing Seymour Community

      4.47 acre lot in upcoming Seymour neighborhood.
      Tract 1 Tbd Oak Lawn Road, Seymour, MO 65746
      View Details
    • $220,000

      Commercial Land in Growing Seymour

      1.88 acres with high visibility and city utilities.
      1810 E Steel Street, Seymour, MO 65746
      View Details
    • $42,000

      Commercial Land in Webster County

      1.4 acre commercial lot with utilities nearby, outside city limits.
      Dunning Drive lot: 1, Seymour, MO 65746
      View Details

    FAQs

    What type of property is this?
    Land - 5-acre land parcel off Highway 60 in Seymour, Missouri.
    Where is this land located?
    The property is located at 29 Enterprise Drive Seymour, MO.
    What is the asking price?
    The asking price for this property is $65,000.
    What are key features of this property?
    This property features: 5 +/- acre tract of land; Located off Highway 60, a major corridor between Memphis and Springfield; Outside city limits of Seymour, Missouri
    (417) 988-1086
    We can help!
    Listing Contact
    Louie Michael Bunch
    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
    29 Enterprise Drive, Seymour, MO 65746
    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!