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

    23223 Buford Rd Cleveland, MO 64734

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Versatile income-producing venue or private retreat on 51 acres.

    Lot size:
    51.55 Acres

    Property Features for 23223 Buford Rd

    General Information

    Standard status
    Active
    Zoning
    AG & COM
    Lot size
    51.55 Acres

    We can help!

    Listing Contact
    Nathan Priest
    Source: Crexi

    Listing Agency: SNP Real Estate Listing Agent: Nathan Priest

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Picturesque Missouri Event Space

    Located on over 51 acres of rolling Missouri countryside, Sycamore Ridge Event Space features a custom log cabin-style main building with high vaulted ceilings, exposed beams, and a stone fireplace. The building includes flexible event flooring suitable for weddings, receptions, parties, corporate retreats, or family reunions. Multiple porches and balconies offer views of wooded ridges, a meandering creek, and open fields. An expansive stamped concrete patio, complete with string lights, accommodates outdoor ceremonies or receptions for over 200 guests. Additional features include a dedicated bridal suite, restroom facilities, a commercial prep kitchen, storage barns, and ample parking. The property is located a short drive from Kansas City metro. Potential business uses include continuing as an event venue or adding glamping/cabins. It can also be used as a private homestead.
    Location Intelligence

    Current Use by Public Records

    Wedding venues

    Suggested Use

    Law Firm Dental Office Hotel & Motel Electronics & Wireless Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cass
    State
    Missouri
    Longitude
    -94.594038
    Latitude
    38.702451

    Nearby Similar for Sale

    • $1,300,000
      51.55 Acres

      Versatile Event Space on 51+ Acres

      Income-producing venue or private retreat near Kansas City metro.
      23223 Buford Rd, Cleveland, MO 64734
      View Details
    • $2,495,000
      135.47 Acres

      Equestrian Arena on 135 Acres

      Horse arena and event venue on 135 acres in Missouri.
      312 E 233Rd St, Cleveland, MO 64734
      View Details
    • $975,000
      1,123 SF

      Renovated Farmhouse on 83 Acres

      Renovated 1-bed, 2-bath farmhouse on 83 acres near Cleveland.
      29210 S State Rout D Hwy, Cleveland, MO 64734
      View Details
    • $1,300,000
      51.55 Acres

      Sycamore Ridge Event Venue - MO

      Secluded Event Space, 51 Acres, Near KC
      23223 Buford Rd, Cleveland, MO 64734
      View Details

    FAQs

    What type of property is this?
    Wedding venue - Versatile income-producing venue or private retreat on 51 acres.
    Where is this wedding venue located?
    The property is located at 23223 Buford Rd Cleveland, MO.
    What are key features of this property?
    This property features: - Over 51 acres of picturesque Missouri countryside, offering privacy and room to roam.; - Versatile income-producing event venue with existing infrastructure for weddings, corporate retreats, etc.; - **Custom log cabin-style main building with vaulted ceilings, exposed beams, and stone fireplace.**
    Request Owner's contact information
    23223 Buford Rd Cleveland, MO 64734
    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.
    23223 Buford Rd
    Cleveland, MO 64734
    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
    23223 Buford Rd Cleveland, MO 64734
    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

    We can help!
    Listing Contact
    Nathan Priest
    Real Estate License ID: 2003000951
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!