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

    311 S Hickory Street Forsyth, MO 65653

    View on Map
    For Sale
    Contact for pricing

    LAND - Forsyth, MO

    Lot size:
    0.50 Acres
    Added:
    Sep 30, 2025
    Days on Market:
    185
    Last Refresh:
    Apr 2 at 4:06 am

    Property Features for 311 S Hickory Street

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    04-9.0-29-001-002-002.002
    Lot size
    0.50 Acres

    Taxes and HOA fees

    TaxYear
    2024
    TaxDescription
    LOOKOUT ACRES - 1ST ADD LOOKOUT ACRES - 1ST ADD, LT 35AREPLAT OF LTS 34 T
    TaxAnnualAmount
    89

    Utilities

    Utilities
    Water Available

    We can help!

    Listing Contact
    Angel Adams
    Angel Adams

    Listing agent Angel Adams License #2021018398

    Listing office Red Cedar Land Company LLC 15985 US Highway 160, Forsyth, MO

    Listing date Sep 30, 2025

    MLS# 60305989

    Copyright © 2025 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

    Forsyth, MO Land Opportunity

    This conveniently located 0.5-acre lot in Forsyth, MO, is suited for residential development. It is positioned for constructing a dream home, a compact tiny home, or a storage garage. The property benefits from the availability of all utilities at the road. Its location provides convenient access to schools, shopping, dining, and community events, all within a neighborhood setting. Located at 311 S Hickory Street, Forsyth, MO 65653.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Building Supply Dental Office Spa & Massage Center Auto Repair Shop Hair Salon Hotel & Motel Auto Parts Store Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Forsyth
    County
    Taney
    State
    Missouri
    Longitude
    -93.123805
    Latitude
    36.705001

    Nearby Similar for Sale

    • $150,000

      Forsyth, MO Retail/Office Opportunity

      Retail or office space near the county courthouse in Forsyth.
      16205 Us Highway 160, Forsyth, MO 65653
      View Details
    • $34,500

      Wooded Land Near Forsyth, MO

      5.74+/- acre wooded tract ideal for building your dream home.
      Woodbury Drive lot: 2 & 3, Forsyth, MO 65653
      View Details
    • $34,500

      Forsyth, MO Wooded Land

      5.74 acre wooded tract near Lake Taneycomo and Bull Shoals.
      Lots 2 & 3 Woodbury Drive, Forsyth, MO 65653
      View Details
    • $699,000

      85 Acres Prime Hunting Ground

      85 surveyed acres, ideal for home site and hunting.
      85-Ac Burmingham Road, Forsyth, MO 65653
      View Details
    • $1,500,000

      Historic Forsyth Building Near Lake

      Three-story Forsyth building with prime visibility and endless potential.
      2803 State Highway Y, Forsyth, MO 65653
      View Details
    • $499,900
      9,000 SF

      Residential Care Facility For Sale

      9,000 sq ft residential care facility licensed for 40 residents.
      238 Harmony Heights, Forsyth, MO 65653
      View Details
    • $159,000
      1,240 SF

      Forsyth Duplex with Upgraded Flooring

      Three-bedroom duplex with upgraded flooring and a two-car garage.
      170 Proverbs Court, Forsyth, MO 65653
      View Details
    • $58,000

      Forsyth, MO Vacant Land

      Vacant land in growing area, ideal for new construction.
      Shady Oaks Shore, Forsyth, MO 65653
      View Details
    • $58,000

      Forsyth Land Opportunity

      Vacant lot in growing area, ideal for new construction.
      235 Shady Oaks Shore, Forsyth, MO 65653
      View Details
    • $1,895,000
      33,840 SF

      Forsyth Retail Investment Opportunity

      Two-story retail center with diversified tenancy and highway frontage.
      14974 US-160, Forsyth, MO 65653
      View Details
    • $45,000

      Forsyth, Missouri Wooded Land

      3.03-acre wooded lot near Bull Shoals Lake.
      Rocky Ridge Lane, Forsyth, MO 65653
      View Details
    • $56,000

      Forsyth Land Opportunity

      Vacant lot in growing area near Branson.
      340 Shady Oaks Shore, Forsyth, MO 65653
      View Details

    FAQs

    What type of property is this?
    Land - Conveniently located lot ready for your next project.
    Where is this land located?
    The property is located at 311 S Hickory Street Forsyth, MO.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Convenient in‑town location: Enjoy quick access to schools, shopping, dining, and community events.; Utilities available: Water available at the road.; Versatile building options: Ideal for a dream home, tiny home, or storage garage.
    (417) 527-6801
    We can help!
    Listing Contact
    Angel Adams
    Angel Adams
    Real Estate License ID: 2021018398
    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!