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

    County Road 900 Theodosia, MO 65761

    View on Map
    Sponsored
    For Sale
    $162,500

    LAND - Theodosia, MO

    Lot size:
    31.00 Acres
    Days on Market:
    2
    Last Refresh:
    Mar 15 at 7:06 am

    Property Features for County Road 900

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    18-0.5-16-000-000-0008.001
    Lot size
    31.00 Acres

    We can help!

    Listing Contact
    H K Gaulding

    Sierra Ozark Corporation (417) 299-0110

    Listing agent H K Gaulding (417) 273-4212

    Listing date Mar 14, 2026

    MLS# 60318054 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.

    Learn more

    Overview

    Cleared Land Near Bull Shoals

    This 31-acre property, located near Theodosia, Missouri, offers cleared hay ground with multiple building sites. Surveyed and featuring both highway and county road frontage, the land is close to town and Bull Shoals Lake. The property has been used for hay production in recent years. Its location provides convenient access to town and the lake, while maintaining a country atmosphere. The property can be divided into smaller parcels at a reasonable price. There are no restrictions on this land.
    Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Theodosia
    County
    Ozark
    State
    Missouri
    Longitude
    -92.718438
    Latitude
    36.580322

    Nearby Similar for Sale

    • $450,000
      5,000 SF

      Mixed-Use Investment Opportunity Near Lake

      Profitable restaurant, retail space, and residential home near Bull Shoals Lake.
      6162 Us Highway 160, Theodosia, MO 65761
      View Details
    • $1,999,900
      1.70 Acres

      Established Grocery Store Near Bull Shoals

      Active grocery store with recent upgrades near Bull Shoals Lake.
      6117 Us Highway 160 U.S, Theodosia, MO 65761
      View Details
    • $650,000
      68.00 Acres

      Indoor Growing Facility on 20 Acres

      45,000 SF indoor growing facility on 20 acres.
      2720 Us Highway 160, Theodosia, MO 65761
      View Details
    • $59,000
      0.30 Acres

      Commercial Property in Theodosia, MO

      Commercial property with two offices, kitchenette, and storage room.
      Us Highway 160, Theodosia, MO 65761
      View Details
    • $3,500,000
      10,000 SF

      Theodosia Lakefront Resort & Marina

      Profitable Missouri Lake Resort - 10,000 sq ft
      509 L.b. Cook Memorial Dr, Theodosia, MO 65761
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 31 acres of cleared land near town and Bull Shoals.
    Where is this agricultural land / farmland located?
    The property is located at County Road 900 Theodosia, MO.
    What is the asking price?
    The asking price for this property is $162,500.
    What are key features of this property?
    This property features: - Close proximity to both town and Bull Shoals Lake (5 minutes); - Multiple building sites on cleared, surveyed land; - Highway and county road frontage
    (417) 273-4212
    Request Owner's contact information
    County Road 900 Theodosia, MO 65761
    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.
    County Road 900
    Theodosia, MO 65761
    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
    County Road 900 Theodosia, MO 65761
    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

    We can help!
    Listing Contact
    H K Gaulding
    Real Estate License ID: 2019007115
    (417) 273-4212 (800) 270-4212
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!