Sign Up Successful!
You now have access to more from Realmo!
    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

    Grimes Mill Dr Mountain Grove, MO 65711

    Sponsored
    For Sale
    $1,200,000

    LAND - Mountain Grove, MO

    Lot size:
    257.93 Acres
    Days on Market:
    40
    Last Refresh:
    Jan 28 at 7:06 am

    Property Features for Grimes Mill Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    12-2.0-09-0-000-008.00
    Fencing
    Barbed Wire, Perimeter
    Lot size
    257.93 Acres

    Utilities

    Utilities
    Electricity Available

    We can help!

    Listing Contact
    Hilary Pennarts
    Hilary Pennarts

    ReeceNichols (417) 231-3229

    Listing agent Hilary Pennarts (417) 379-6544

    Listing date Dec 20, 2025

    MLS# 60303611 Listing URL

    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.

    Learn more

    Property Insight Report

    Overview

    Ozarks Land Near Mountain Grove

    This property features nearly 258 acres of Ozarks land located just outside Mountain Grove. The land offers versatility for ranching, hunting, or building a home. It includes three ponds, two traditional cattle ponds and a spring-fed pond with cattails that attracts ducks and other wildlife. Two wells and an old cellar are present on the property. Electricity is available at multiple points. A large barn is included, along with perimeter and cross fencing suitable for livestock. The property is populated with wildlife, including deer and turkeys. Multiple potential home sites offer scenic views and privacy. This land may be suitable for a working farm, a private hunting retreat, or a building site.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Mountain Grove
    County
    Wright
    State
    Missouri
    Longitude
    -92.368121
    Latitude
    37.313484

    Nearby Similar for Sale

    • $939,000
      121.00 Acres

      Productive Pastureland in Wright County

      121 acres of pastureland with live water and highway frontage.
      9551 C-Highway Ff, Mountain Grove, MO 65711
      View Details
    • $799,000
      100.00 Acres

      100 Acres of Prime Pastureland

      100 acres of pastureland near Mountain Grove, Missouri.
      9551 C-Highway Ff, Mountain Grove, MO 65711
      View Details
    • $450,000
      3.57 Acres

      Commercial Property With Residential Unit

      Turnkey commercial property with residence, outbuildings, and no zoning.
      9396 Highway Zz, Mountain Grove, MO 65711
      View Details
    • $189,000
      0.54 Acres

      Mountain Grove Multi-Use Opportunity

      Corner lot property with potential for multiple tenants or conversion.
      401 N Busch St, Mountain Grove, MO 65711
      View Details
    • New
      $799,000
      53,390 SF

      Versatile Industrial Building in Mountain Grove

      53,390+/- sq ft industrial building ideal for distribution, manufacturing.
      102 W Front St, Mountain Grove, MO 65711
      View Details
    • $119,900
      0.26 Acres

      Mountain Grove Commercial Opportunity

      1840 sq ft commercial property near town square.
      129 E 2Nd St, Mountain Grove, MO 65711
      View Details
    • $80,000
      0.16 Acres

      Commercial Building with Garage in Missouri

      Vacant commercial building with garage and storage in Mountain Grove.
      510 W 1St St, Mountain Grove, MO 65711
      View Details
    • New
      $299,000
      Pending

      Retail Space For Sale

      High-traffic retail space with excellent visibility and income potential.
      323 N Main St, Mountain Grove, MO 65711
      View Details
    • $350,000

      Freestanding Restaurant Building with Drive-Thru

      Restaurant with drive-thru, FF&E, and high-traffic location for sale.
      924 N Main St, Mountain Grove, MO 65711
      View Details
    • $530,000

      Large Warehouse in Mountain Grove

      4.5-acre warehouse spanning a city block with multiple loading docks.
      900 N Forrest St, Mountain Grove, MO 65711
      View Details
    • $119,900

      Versatile Commercial Space Near Town Square

      1,840 sq ft commercial property with flexible floor plan.
      129 E 2Nd St, Mountain Grove, MO 65711
      View Details

    FAQs

    What type of property is this?
    Ranch - 258 acres of versatile land perfect for ranching, hunting.
    Where is this ranch located?
    The property is located at Grimes Mill Dr Mountain Grove, MO.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Nearly 258 acres of prime Ozarks land suitable for ranching, hunting, or building.; - Excellent perimeter and cross fencing, ideal for livestock.; - Three ponds: two cattle ponds and a spring-fed pond attracting wildlife.
    (417) 379-6544
    Request Owner's contact information
    Grimes Mill Dr Mountain Grove, MO 65711
    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.
    Grimes Mill Dr
    Mountain Grove, MO 65711
    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
    Grimes Mill Dr Mountain Grove, MO 65711
    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
    Hilary Pennarts
    Hilary Pennarts
    Real Estate License ID: 2016016298
    (417) 379-6544
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.