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    7022 County Road 343 Neelyville, MO 63954

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    Contact for pricing

    Farm - Neelyville, MO

    Type:Farm
    Lot size:
    186.13 Acres
    Days on Market:
    24
    Last Refresh:
    Feb 5 at 4:06 am

    Property Features for 7022 County Road 343

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Standard status
    Active
    APN
    25-01-11.0-000-000-004.000
    Lot size
    186.13 Acres

    Building Details

    Year built
    2026
    Architectural style
    Other

    We can help!

    Listing Contact
    Chris Gier

    Premier Farm Realty Group LLC (636) 387-8317

    Listing agent Chris Gier (636) 387-8317 License #2023004019

    Listing date Jan 13, 2026

    MLS# 26002279 Listing URL

    Copyright © 2026 MARIS. 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

    Irrigated Farmland with Hunting Potential

    Located in the Western Lowland of the Southeast Missouri Delta Region in Neelyville, Missouri, this 186 +/- acre property features irrigated crop ground. The property is offered at an Absolute Auction in two tracts or as a whole. This farmland is suitable for rice, beans, and corn. Situated within the Mississippi flyway, the land includes a waterfowl slough, presenting potential for duck and deer hunting. Tract #1 consists of approximately 80 acres in two fields, with 23.63 FSA acres in the east field and 52.14 FSA acres in the west field. Both are precision graded with fall to the south end field ditch, featuring a weir box in the east field. A well and underground waterline with a riser support the east field. Tract #2 includes approximately 106 acres in three fields. The east field contains 41.43 FSA Acres, the west field consists of 39.60 FSA Acres, and the south field consists of 8.96 FSA Acres. All three fields are precision graded and supported by a well, buried water line, and risers to each field. The waterfowl slough, lined with cypress trees, provides a year-round water source and attracts migrating waterfowl. Deer sign is present throughout the surrounding timber. A prime food plot area is identified central to Tract #2, and the fields can be flooded during duck season. The current farmer is willing to pay an annual rent to farm the property. FSA Acres are based upon the FSA-578 REPORT OF ACREAGE for Program Year 2024. Included items are well and pumps.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hunting land

    Suggested Use

    Restaurant Storage Facility (Bike/Boat/Book/etc) Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Neelyville
    County
    Butler
    State
    Missouri
    Longitude
    -90.4979
    Latitude
    36.568053

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    FAQs

    What type of property is this?
    Farm - 186-acre Missouri farmland suitable for farming, hunting, and investment.
    Where is this farm located?
    The property is located at 7022 County Road 343 Neelyville, MO.
    What is the asking price?
    The asking price for this property is $1.00.
    What are key features of this property?
    This property features: - 186 +/- acres of irrigated farmland perfect for rice, beans, and corn, offering immediate return-on-capital through crop farming.; - Located within the Mississippi flyway, featuring a waterfowl slough ideal for duck and deer hunting, creating a hunter's paradise.; - Potential for a Wetland Reserve Easement, providing a significant return on investment.
    (573) 510-3160
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    7022 County Road 343 Neelyville, MO 63954
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    Neelyville, MO 63954
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    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
    7022 County Road 343 Neelyville, MO 63954
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    We can help!
    Listing Contact
    Chris Gier
    Real Estate License ID: 2023004019
    (573) 510-3160
    Learn more
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