Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    28 Acres in Urbana, Missouri Title is generated by Realmo AI

    Simpson Road, Urbana, MO 65767

    View on Map
    Claim this Listing
    New
    For Sale
    $199,990

    LAND - Urbana, MO

    Lot size:
    28.00 Acres
    Added:
    May 18, 2026
    Days on Market:
    5
    Last Refresh:
    May 22 at 6:06 am

    Property Features for Simpson Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Fencing
    Partial
    Standard status
    Active
    APN
    0204.0-17-000-000-005.000
    Lot size
    28.00 Acres

    Taxes and HOA fees

    Tax Annual Amount
    22

    We can help!

    Listing Contact
    Elizabeth Gold
    Elizabeth Gold

    Listing agent Elizabeth Gold License #2018041265

    Listing office ReeceNichols - Springfield 3626 S Campbell Ave, Springfield, MO

    Listing date May 18, 2026

    MLS# 262659 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.

    HighLights

    • 28‑acre tract with 1300+ feet of road frontage.
    • Mostly wooded property with level to gently rolling terrain and a small pond.
    • Multiple potential build sites available with clearing.
    • Fenced boundaries on three sides (east, west, and south).
    • Electric available along the road.
    • Located in a scenic rural area near Urbana, Missouri.

    Overview

    This 28-acre tract is located just outside of Urbana, Missouri, along Simpson Road. The property is mostly wooded with level to gently rolling terrain. A small pond is situated near the center of the land. Mature trees and natural underbrush provide privacy. The property features fenced boundaries on the east, west, and south sides. Neighboring homesteads, pasture ground, cattle, and horses contribute to the rural surroundings. There is over 1300 feet of road frontage. Electric is available along the road. Multiple potential build sites could be opened up with clearing. It could be used as a future homesite, hunting retreat, or recreational getaway.
    Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Urbana
    County
    Dallas
    State
    Missouri
    Longitude
    -93.0509139
    Latitude
    37.862401

    Nearby Similar for Sale

    • $339,900

      Scenic Land with Highway Frontage

      49.07 acres of usable land with highway access.
      Highway Hh, Urbana, MO 65767
      View Details
    • $199,990

      Urbana, MO 28-Acre Land

      28-acre tract near Urbana, Missouri, with road frontage and pond.
      Simpson Road, Urbana, MO 65767
      View Details
    • $25,000

      Land Near Pomme de Terre

      Cleared land with utilities ready for your dream home!
      24803 County Road 294, Urbana, MO 65767
      View Details
    • $115,000

      Urbana, MO Land For Sale

      10 acre corner tract with pond and utilities in place.
      20 Autumn Drive, Urbana, MO 65767
      View Details
    • $31,000

      Urbana, Missouri Land For Sale

      3 acres near Pomme de Terre Lake, ideal for recreation.
      26001 Cedar Lane, Urbana, MO 65767
      View Details
    • $31,000

      Urbana, Missouri Land Opportunity

      Three acres near Pomme de Terre Lake, ready for building.
      26001 Cedar Lane, Urbana, MO 65767
      View Details
    • $49,900

      Urbana, MO Land Opportunity

      Raw land lots with potential in a peaceful, scenic setting.
      Tulip Place, Urbana, MO 65767
      View Details
    • $24,900

      Urbana, MO Land For Sale

      1.25 acre lot near lake with electricity on site.
      24020 County Road 349, Urbana, MO 65767
      View Details
    • $37,500

      Urbana, MO 2-Acre Lot

      Two-acre lot in Urbana, ready for building.
      Mission Ridge Road, Urbana, MO 65767
      View Details
    • $33,000

      Urbana, MO Wooded Lot

      4.5-acre wooded lot near Pomme De Terre Lake.
      Country Place Drive, Urbana, MO 65767
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 28 acres of wooded land with road frontage and pond.
    Where is this agricultural land / farmland located?
    The property is located at Simpson Road Urbana, MO.
    What is the asking price?
    The asking price for this property is $199,990.
    What are key features of this property?
    This property features: 28‑acre tract with **1300+ feet of road frontage**.; Mostly wooded property with level to gently rolling terrain and a small pond.; Multiple potential build sites available with clearing.
    (417) 569-6695
    We can help!
    Listing Contact
    Elizabeth Gold
    Elizabeth Gold
    Real Estate License ID: 2018041265
    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

    Thank You for Inquiry
    Simpson Road, Urbana, MO 65767
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!