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

    Kip Drive unit 1632 Edwards, MO 65326

    View on Map
    For Sale
    Contact for pricing

    LAND - Edwards, MO

    Lot size:
    2.43 Acres
    Added:
    Aug 15, 2025
    Days on Market:
    236
    Last Refresh:
    Apr 7 at 6:06 pm

    Property Features for Kip Drive unit 1632

    General Information

    Property type
    Land
    Property subtype
    Other
    Parking features
    Driveway
    Standard status
    Active
    APN
    168128000001023000
    Lot size
    2.43 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    Legal to Govern Lot #1632 Unit M1 Forbes Lake of the Ozarks Park
    Tax Annual Amount
    44

    Utilities

    Water front features
    Lake
    Water front
    1

    We can help!

    Listing Contact
    Joanna Boulware

    Listing agent Joanna Boulware License #2020031026

    Listing office Better Homes and Gardens Real Estate Lake Realty 8950 N State Hwy 5, Camdenton, MO

    Listing date Aug 15, 2025

    MLS# 3579894

    Copyright © 2026 Bagnell Dam 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

    Residential Land in Gated Community

    This 2.43-acre lot is located within the gated Forbes Lake of the Ozarks community in Edwards, Missouri. The property is suited for building a home or weekend getaway. The community offers amenities including three interior lakes, three boat ramps providing access to Lake of the Ozarks, a tennis court, an RV park, and day docks. The area is populated with deer, turkey, and other wildlife.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Edwards
    County
    Benton
    State
    Missouri
    Longitude
    -93.1481
    Latitude
    38.1656

    Nearby Similar for Sale

    • $1,200,000

      Lakefront Development Opportunity

      154+ acres with 6,000 feet of Lake Ozarks shoreline.
      Emerald Hills Drive, Edwards, MO 65326
      View Details
    • $1,200,000

      Lakefront Development Opportunity in Edwards

      154+ acres with 6,000 feet of Lake Ozarks shoreline.
      Emerald Hills Drive, Edwards, MO 65326
      View Details
    • $299,000
      5,840 SF

      Versatile Commercial Property with Apartment

      Multi-use property with high visibility and income potential.
      33023 Hwy 7, Edwards, MO 65326
      View Details
    • $299,000
      5,840 SF

      Edwards, MO Multi-Use Property

      Versatile commercial property with high visibility and income potential.
      33023 Hwy 7, Edwards, MO 65326
      View Details
    • $7,800

      Vacant Land Near Lake Access

      4.59 acres in gated community with lake access.
      Lot 1195 Ken, Edwards, MO 65326
      View Details
    • $13,800

      Secluded Land Tracts in Edwards, MO

      Two adjoining tracts in Forbes Lake of the Ozarks Park.
      Lot 1635 Baul Lane, Edwards, MO 65326
      View Details
    • $10,500

      Land in Forbes of Ozarks

      5.86 acres in Forbes of Lake of Ozarks community.
      Nancy Reagan Circle lot: 2590/2591, Edwards, MO 65326
      View Details
    • $8,275

      Edwards, MO 3-Acre Retreat

      3-acre retreat with abundant wildlife and park amenities.
      Dunn Drive, Edwards, MO 65326
      View Details
    • $8,275

      Forbes Lake of the Ozarks Lot

      3.25-acre lot with lake access and amenities.
      Anne Drive, Edwards, MO 65326
      View Details
    • $7,600

      Land in Gated Community

      Land for sale in Forbes Lake of the Ozarks Park.
      Ferro Lane, Edwards, MO 65326
      View Details
    • $375,000

      75 Acres with Private Runway

      Unique 75-acre property suitable for recreation, hunting, and outdoor enjoyment.
      27710 Woodhaven, Edwards, MO 65326
      View Details
    • $5,800

      Edwards, MO Timbered Recreational Lot

      2.6 acre timbered lot in gated community near amenities.
      Lot 3511 Malcolm, Edwards, MO 65326
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 2.43 acre lot in Forbes Lake of the Ozarks.
    Where is this residential land & home lot located?
    The property is located at Kip Drive unit 1632 Edwards, MO.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Access to Lake of the Ozarks via 3 boat ramps.; Gated Forbes Lake of the Ozarks community.; Enjoy three interior lakes within the community.
    (573) 528-6091
    We can help!
    Listing Contact
    Joanna Boulware
    Real Estate License ID: 2020031026
    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!