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

    County Road 831 Gainesville, MO 65655

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $540,000

    LAND - Gainesville, MO

    Lot size:
    135.00 Acres
    Added:
    Dec 10, 2025
    Days on Market:
    139
    Last Refresh:
    Apr 28 at 6:06 pm

    Property Features for County Road 831

    General Information

    Property type
    Land
    Property subtype
    Other
    Fencing
    Perimeter, Barbed Wire
    Standard status
    Active
    APN
    09-0.4-19-000-000-0004.001
    Lot size
    135.00 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    183

    Utilities

    Utilities
    Electricity Available

    We can help!

    Listing Contact
    Rocky Sullivan

    Listing agent Rocky Sullivan License #2021021418

    Listing office Sierra Ozark Corporation 5957 US Highway 160, Theodosia, MO

    Listing date Dec 10, 2025

    MLS# 60311487 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.

    Overview

    Gainesville Land with Creek

    This property encompasses 135 acres and features a large bottom field suitable for hay production, yielding approximately 100 to 120 4x6 bales annually from the first cutting. A creek provides a year-round water source. The land includes both pasture and timber areas, supporting abundant wildlife. Several potential building sites offer views of the Ozark hills. The perimeter is fenced with 5-strand barbed wire and steel posts. Electric service is available on the property. The property has between 0.75 and 1 mile of county road frontage.
    Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Gainesville
    County
    Ozark
    State
    Missouri
    Longitude
    -92.4143
    Latitude
    36.5751

    Nearby Similar for Sale

    • $140,000
      3,329 SF

      Gainesville Historic Building For Sale

      Renovated historic building in downtown Gainesville, ideal for various businesses.
      333 MAIN STREET, Gainesville, MO 65655
      View Details
    • $399,470

      Forested Land Near Turkey Creek

      113 acres of forested land near Spring Creek.
      170614000000008 HWY 160, Gainesville, MO 65655
      View Details
    • $30,000

      Wooded Acres Near Gainesville, Missouri

      5 wooded acres with young timber near Gainesville, Missouri.
      County Road 817, Gainesville, MO 65655
      View Details
    • $420,000

      Ozark Hunting and Lake Property

      120 acres near Bull Shoals Lake, abundant wildlife, creek access.
      170624000000001 CR 630, Gainesville, MO 65655
      View Details
    • $74,900

      Secluded Ozark Hunting Land

      20+/- acres perfect for hunting, cabin, or new home.
      County Road 831, Gainesville, MO 65655
      View Details
    • $258,055

      Forested Land with Highway Frontage

      73 acres of forested land near Spring Creek.
      170614000000008 HWY 160, Gainesville, MO 65655
      View Details
    • $144,000

      Gainesville Land with Hunting Potential

      40 acres near Bull Shoals Lake, ideal for hunting.
      170624000000001 CR 630, Gainesville, MO 65655
      View Details
    • $110,000

      32 Acres Hunting Land with Cabin

      Secluded 32-acre property with cabin near Gainesville, Missouri.
      1515 County Road 803a, Gainesville, MO 65655
      View Details
    • $4,900,000

      Expansive Ozark Recreational Land

      2407+/- acres of vacant land near Bull Shoals Lake.
      0000 County Road 803, Gainesville, MO 65655
      View Details
    • $136,000

      Gainesville Acreage: Hunting/Lake Getaway

      40 acres near Bull Shoals Lake, ideal for hunting.
      170624000000001 CR 630, Gainesville, MO 65655
      View Details
    • $4,900,000

      Expansive Vacant Land in Gainesville, MO

      2407+/- acre vacant land with recreational opportunities in the Ozarks.
      000 County Road 803, Gainesville, MO 65655
      View Details
    • $282,800

      Forested Land Near Bull Shoals

      80 acres of forested land perfect for recreation and hunting.
      170614000000001 HWY 160, Gainesville, MO 65655
      View Details

    FAQs

    What type of property is this?
    Farm - 135-acre property featuring hay ground, creek, pasture, and timber.
    Where is this farm located?
    The property is located at County Road 831 Gainesville, MO.
    What is the asking price?
    The asking price for this property is $540,000.
    What are key features of this property?
    This property features: 135 Acres +/-, featuring diverse terrain including hay field, creek, pasture, and timber.; High Hay Production: Expect 100‑120 4x6 bales of hay annually from the first cutting.; Year‑Round Creek provides a consistent water source.
    (417) 989-0038
    We can help!
    Listing Contact
    Rocky Sullivan
    Real Estate License ID: 2021021418
    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!