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

    853 Elk Springs Road Noel, MO 64854

    View on Map
    Claim this Listing
    For Sale
    $85,000

    LAND - Noel, MO

    Lot size:
    0.14 Acres
    Added:
    Dec 31, 2025
    Days on Market:
    118
    Last Refresh:
    Apr 27 at 11:06 pm

    Property Features for 853 Elk Springs Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    17-1.0-01-002-001-002.000
    Lot size
    0.14 Acres

    Taxes and HOA fees

    Tax Annual Amount
    253

    We can help!

    Listing Contact
    Christi Sims

    Listing agent Christi Sims License #2014039672

    Listing office KELLER WILLIAMS REALTY ELEVATE 619 S Florida, Joplin, MO

    Listing date Dec 31, 2025

    MLS# 260002 Listing URL

    Copyright © 2026 Ozark Gateway 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.

    Overview

    Elk River Vacant Land

    This vacant lot on Elk Springs Road in Noel, MO, offers an opportunity to create a custom retreat surrounded by natural beauty. The 0.14-acre property is located across from one of the most scenic stretches of the Elk River in the Ozarks. The setting delivers privacy, inspiration, and Ozark views. The property is located in McDonald County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Recreation land

    Suggested Use

    Law Firm Spa & Massage Center Auto Repair Shop Hair Salon Nail Salon Parking Lot & Garage

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

    Location Insight

    • Map
    • Local Demand
    City
    Noel
    County
    McDonald
    State
    Missouri
    Longitude
    -94.453611
    Latitude
    36.573964

    Nearby Similar for Sale

    • $800,000
      1,388 SF

      Layer Hen Production Farm

      Income-producing layer hen operation with transferable contract.
      1648 Pack Road, Noel, MO 64854
      View Details
    • $319,000

      Versatile Land with Pasture & Timber

      42 acres with pasture, timber, ponds, and building sites.
      Raven Road, Noel, MO 64854
      View Details
    • $474,900

      Versatile Land with Pasture, Timber

      45 acres featuring pasture, timber, ponds, and building sites.
      253 Raven Road lot: 0, Noel, MO 64854
      View Details
    • $600,500

      Prime Land Along Highway 90

      24 acres near I-49 with development potential.
      Tract 1 State Highway 90, Noel, MO 64854
      View Details
    • $474,900

      Versatile Land with Existing Infrastructure

      45 acres with pasture, timber, ponds, and existing utilities.
      253 Raven Road, Noel, MO 64854
      View Details
    • $234,000

      5-Acre Lot with Metal Building

      5-acre lot with metal building near Elk River.
      1368 Mountain Ridge Road, Noel, MO 64856
      View Details
    • $39,500

      Recreational Land Near Elk River

      4 acres of wooded land near local outdoor attractions.
      72 Elk Springs Road, Noel, MO 64854
      View Details
    • $39,500

      Recreational Land Near Elk River

      4 acres of wooded land near local outdoor attractions.
      72 Elk Springs Road, Noel, MO 64854
      View Details
    • $75,000

      Land in Southwest Missouri

      6.53 acres in Noel, Missouri, ready for your vision.
      Tract 10 Styles Road lot: --, Noel, MO 64854
      View Details
    • $75,000

      Land in Southwest Missouri

      6 acres in southwest Missouri, ideal for hobby farm.
      Tract 13 Styles Road, Noel, MO 64854
      View Details
    • $75,000

      Land in Southwest Missouri

      6 acres in southwest Missouri, ideal for hobby farm.
      Tract 12 Styles Road, Noel, MO 64854
      View Details
    • $79,000

      Land in Southwest Missouri

      10 acres in southwest Missouri, ideal for hobby farm.
      Tract 3 Styles Road, Noel, MO 64854
      View Details

    FAQs

    What type of property is this?
    Land - Vacant lot near Elk River, build your dream retreat.
    Where is this land located?
    The property is located at 853 Elk Springs Road Noel, MO.
    What is the asking price?
    The asking price for this property is $85,000.
    What are key features of this property?
    This property features: Scenic location directly across from the Elk River; Unbeatable Ozark views and natural beauty; Opportunity to build a custom retreat
    (417) 623-9900
    We can help!
    Listing Contact
    Christi Sims
    Real Estate License ID: 2014039672
    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!