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

    Lone Elm Drive Carl Junction, MO 64834

    View on Map
    Claim this Listing
    Picture of Residential land & home lots at Lone Elm Drive, Carl Junction, MO
    For Sale
    $160,000

    LAND - Carl Junction, MO

    Lot size:
    4.00 Acres
    Added:
    May 31, 2025
    Days on Market:
    327
    Last Refresh:
    Apr 22 at 12:06 am

    Property Features for Lone Elm Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    16501520005002000
    Lot size
    4.00 Acres

    We can help!

    Listing Contact
    Mallorie Larson

    Listing agent Mallorie Larson License #2015000666-MO/SA00095172-AR

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

    Listing date May 31, 2025

    MLS# 252993 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

    Carl Junction Land For Sale

    This 4-acre land parcel, located in Carl Junction, Missouri, is zoned R2 and suitable for residential development. The property has the potential to accommodate 17 duplexes, allowing for a total of 34 units.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Carl Junction
    County
    Jasper
    State
    Missouri
    Longitude
    -94.529386
    Latitude
    37.145183

    Nearby Similar for Sale

    • $570,000
      9,696 SF

      Versatile Commercial Property in Carl Junction

      Commercial property with restaurant and office spaces for sale.
      1200 Briarbrook Drive, Carl Junction, MO 64834
      View Details
    • $275,000
      3,402 SF

      Versatile Office Building For Sale

      Well-kept office building with high visibility and easy access.
      101 N Main Street, Carl Junction, MO 64834
      View Details
    • $337,500

      25 Acres Building Site

      Gorgeous building site near Carl Junction Schools.
      Kafir Road, Carl Junction, MO 64834
      View Details
    • $249,900

      Highway Frontage Commercial Land

      4.2-acre corner lot with highway frontage and utility access.
      9130 State HWY 171, Carl Junction, MO 64834
      View Details
    • $75,000

      Carl Junction Wooded Land Parcel

      4.38-acre wooded lot for a secluded rural lifestyle.
      29923 Ivy Road, Carl Junction, MO 64834
      View Details
    • $159,900
      2,520 SF

      Commercial Building Near Carl Junction

      2520 sqft commercial building on nearly 4 acres.
      27750 Green Hill Lane, Carl Junction, MO 64834
      View Details
    • $119,000

      Commercial Lot Near Harp's Grocery

      1.48 acre commercial lot near Harp's Grocery.
      6548 MO-171, Carl Junction, MO 64834
      View Details
    • $159,900

      Land with Building Near Joplin

      Land with a 2520 sqft building near Carl Junction.
      27750 Green Hill Lane, Carl Junction, MO 64834
      View Details
    • $13,000

      Residential Lot in Carl Junction

      Large lot in established neighborhood with utilities available.
      103 Red Oak Loop, Carl Junction, MO 64834
      View Details
    • $119,000

      Commercial Lot Near Harp's Grocery

      1.48 acre commercial lot, mostly cleared and level.
      6548 MO-171, Carl Junction, MO 64834
      View Details
    • $570,000
      10,000 SF

      Versatile Commercial Property For Sale

      Mixed-use property with restaurant and office spaces in thriving area.
      1200 Briarbrook Dr, Carl Junction, MO, 64834-9802
      View Details
    • $560,000

      Land in Carl Junction, MO

      35 acres of land with endless possibilities.
      27602 State Highway 96, Carl Junction, MO 64834
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 4-acre land parcel zoned for residential development.
    Where is this residential land & home lot located?
    The property is located at Lone Elm Drive Carl Junction, MO.
    What is the asking price?
    The asking price for this property is $160,000.
    What are key features of this property?
    This property features: Zoned R2 allowing for high‑density development.; Potential to build 17 duplexes, offering a great investment opportunity.; Possible construction of 34 units.
    (417) 434-3532
    We can help!
    Listing Contact
    Mallorie Larson
    Real Estate License ID: 2015000666-MO/SA00095172-AR
    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!