Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Strafford Land with Gated Access Title is generated by Realmo AI

    Tract 2 N Farm Road 245, Strafford, MO 65757

    View on Map
    Claim this Listing
    For Sale
    $250,000

    LAND - Strafford, MO

    Lot size:
    10.07 Acres
    Added:
    Jun 25, 2025
    Days on Market:
    331
    Last Refresh:
    May 21 at 10:06 pm

    Property Features for Tract 2 N Farm Road 245

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    881114300007
    Lot size
    10.07 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    Per Survey; Tract 2

    Utilities

    Utilities
    Electricity Available

    We can help!

    Listing Contact
    Adam Graddy
    Adam Graddy

    Listing agent Adam Graddy License #2004014961

    Listing office Keller Williams 1619 E. Independence St., Springfield, MO

    Listing date Jun 25, 2025

    MLS# 60297958 Listing URL

    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.

    HighLights

    • 10.07 acres in a privately gated community.
    • Electricity already run to a barn‑style shop.
    • Prime building site suitable for a walkout home.
    • Water hydrant connected (easily separable).
    • Security system connected (easily separable).
    • Additional lots available.

    Overview

    This 10.07-acre property is located within a privately gated community. It features a red barn-style shop with electricity already run from the transformer, providing power access. A water hydrant and security system are connected to the main home but can be easily separated. There is a prime building site in front of the barn, suited for a walkout home, allowing construction while utilizing the existing infrastructure. Additional lots are available in the community.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Big Box & Wholesale Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Strafford
    County
    Greene
    State
    Missouri
    Longitude
    -93.092032
    Latitude
    37.217865

    Nearby Similar for Sale

    • $1,100,000
      1,296 SF

      Strafford Farm with Highway Frontage

      53.33-acre farm with highway frontage near Springfield, Missouri.
      1858 N State Highway 125, Strafford, MO 65757
      View Details
    • $2,200,000

      Versatile Commercial Property Near I-44

      Dual buildings with high-traffic visibility and income potential.
      306 E Chestnut Street, Strafford, MO 65757
      View Details
    • $75,500

      Unrestricted Land in Strafford, MO

      5 acres of unrestricted land outside city limits with endless possibilities.
      9877 N Farm Road, Strafford, MO 65757
      View Details
    • $1,494,400
      1,365 SF

      79± Acres with Highway OO Frontage & Development Potential Near I-44

      6684 E State Highway Oo, Strafford, MO 65757
      View Details
    • $75,000

      Strafford, MO Wooded Land

      5+/- acre wooded tract in Strafford, Webster County, Missouri.
      Grier Branch Road, Strafford, MO 65757
      View Details
    • $75,000

      Wooded Land in Strafford, MO

      5+/- acre wooded tract in Strafford, 15 minutes to Springfield.
      Grier Branch Road, Strafford, MO 65757
      View Details
    • $450,000

      Strafford, MO Industrial Land

      8.45-acre lot in growing industrial area near major highways.
      Evergreen Road lot: 1 287, Strafford, MO 65757
      View Details
    • $400,000

      20 Acres Land Strafford, MO

      20 acres of land, perfect for building a dream home.
      N Farm Road 215, Strafford, MO 65757
      View Details
    • $1,050,000

      70 Acres Farm near Springfield

      70 acre farm near Springfield, ideal for cattle.
      N Farm Road 215, Strafford, MO 65757
      View Details
    • $3,500,000

      Strafford Industrial Property For Sale

      28,625 SF industrial property with office and warehouse space.
      328 Stone Creek Drive, Strafford, MO 65757
      View Details
    • $6,750,000

      Strafford Industrial Property For Sale

      Two-building industrial property with highway access in Strafford, Missouri.
      180 & 182 Stone Creek Drive, Strafford, MO 65757
      View Details
    • $889,900

      Paradise Lakes Land Opportunity

      Nearly 20 acres in gated Paradise Lakes community.
      Buena Vista Parkway, Strafford, MO 65757
      View Details

    FAQs

    What type of property is this?
    Land - 10.07 acres in gated community with existing infrastructure.
    Where is this land located?
    The property is located at Tract 2 N Farm Road 245 Strafford, MO.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: 10.07 acres in a privately gated community.; Electricity already run to a **barn‑style shop**.; **Prime building site suitable for a walkout home.**
    (417) 501-5091
    We can help!
    Listing Contact
    Adam Graddy
    Adam Graddy
    Real Estate License ID: 2004014961
    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
    Tract 2 N Farm Road 245, Strafford, MO 65757
    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!