Agricultural Land with
125 Eastgate Road Elkland, MO 65644
For Sale
$500,000
LAND - Elkland, MO
Property Size7,000 SF
Lot Size53.00 Acres
Price / SF$71.43
Days on Market11
Property Features for 125 Eastgate Road
General Information
Property type
Land
Property subtype
Other
Standard status
Active
APN
11-8.0-33-000-000-005.000
Lot size
53.00 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
E 1/2 Se
Tax Annual Amount
1511
Utilities
Utilities
Electricity Available
Listing Agency:
Murney Associates - Primrose
(417) 823-2300
Listed By:
Lorna V. Fletcher
(417) 422-5969
Added: Jul 18
Changed: Jul 19
Last Checked: Jul 28 at 6:06AM
MLS# 60329184
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.
Investment Insights
Based on property information with market context.
This 53+/- acre property includes a 7,000+/- square foot warehouse with concrete floors, electricity, a drive-in dock door, and three loading docks with bay doors. The acreage is gently rolling and currently produces hay, with fertile bottom ground suited for hay production, food plots, or pasture.
A year-round creek winds through the property, supporting livestock water access and attracting wildlife. The land is identified as a recreational hunting property in the listing remarks.
Located at 125 Eastgate Road in Elkland, Missouri, the property is described as approximately 30 minutes from Springfield. A jeep tour is available with 12 hours’ notice.
A year-round creek winds through the property, supporting livestock water access and attracting wildlife. The land is identified as a recreational hunting property in the listing remarks.
Located at 125 Eastgate Road in Elkland, Missouri, the property is described as approximately 30 minutes from Springfield. A jeep tour is available with 12 hours’ notice.
Key Highlights
- 53+/- acre property in Elkland, Missouri with gently rolling ground producing hay
- 7,000+/- SF warehouse with concrete floors, electricity, drive‑in dock door, and 3 loading docks with bay doors
- Year‑round creek runs through the property, providing a water source for livestock and supporting wildlife
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.8k | $4.68 |
| − Vacancy | −$688 | −$0.10 |
| EGI | $32.1k | $4.58 |
| − OpEx | −$4.8k | −$0.69 |
| NOI | $27.3k | $3.89 |
7,000 SF · lease $4.68/SF/yr · vacancy 2.10% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$389.4K
$340.8K – $454.4K
NOI $27,261 @ 7.0% cap · market cap 5.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.06M
$924.5K – $1.23M
NOI $73,957 @ 7.0% cap · market cap 14.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Warehouse - 53+/- acre farm property with a 7,000+/- SF warehouse and three loading docks.
Where is this warehouse located?
The property is located at 125 Eastgate Road Elkland, MO.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 53+/- acre property in Elkland, Missouri with gently rolling ground producing hay; 7,000+/- SF warehouse with concrete floors, electricity, drive‑in dock door, and 3 loading docks with bay doors; Year‑round creek runs through the property, providing a water source for livestock and supporting wildlife
