Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    31.10 Acres Ready to Build Title is generated by Realmo AI

    3 East Overland Road, Nevada, MO 64772

    View on Map
    Claim this Listing
    For Sale
    $162,750

    31.10 acres with ponds, timber, and building sites.

    Type:Land / Unimproved Land
    Property size:
    1,354,716 SF
    Lot size:
    31.10 Acres
    Price / SF:
    $0.12/SF
    Added:
    May 18, 2026
    Days on Market:
    18
    Last Refresh:
    May 19 at 9:03 pm

    Property Features for 3 East Overland Road

    General Information

    Standard status
    Active
    Size
    1,354,716 SF
    Lot size
    31.10 Acres
    Property subtype
    Land / Unimproved Land

    We can help!

    Listing Contact
    Vanessa Leisure
    Vanessa Leisure

    Listing agent Vanessa Leisure License #2003028885

    Listing office CURTIS & SONS REALTY

    Listing date May 18, 2026

    Source Compass

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

    All listing content including descriptions, pricing, images are the copyrighted material of CURTIS & SONS REALTY

    HighLights

    • 31.10 acres of land with multiple ideal building sites.
    • Road frontage on two sides for easy access.
    • Two ponds, including one stocked for fishing.
    • Mature tree lines for privacy and a picturesque backdrop.
    • Abundant timber for hunting and wildlife.
    • Located near Nevada, MO and I‑49.

    Overview

    This 31.10-acre property offers road frontage on two sides, providing convenient access. Multiple ideal building sites are available for constructing a dream home or a secluded weekend cabin. Mature tree lines border the north and west sides of the property, enhancing privacy and creating a picturesque setting. The land includes two ponds, one of which is fully stocked for fishing. A generous amount of timber provides hunting opportunities and a habitat for local wildlife. Winding trails offer opportunities for nature walks or ATV rides. The property is located just west of Nevada, MO, and near I-49. This parcel is currently being divided from a larger tract.
    Location Intelligence

    Current Use by Public Records

    Recreation land

    Suggested Use

    Restaurant Real Estate Agency Dental Office Big Box & Wholesale Store Auto Repair Shop Pharmacy Department Store Kitchen & Bath Showroom Food Market Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Nevada
    County
    Vernon
    State
    Missouri
    Longitude
    -94.382967
    Latitude
    37.833933

    Nearby Similar for Sale

    • $175,000

      Two-Story Brick Office Building

      Two-story office building with eleven office spaces and income.
      105 W Cherry Street, Nevada, MO 64772
      View Details
    • $250,000
      3,100 SF

      Mixed-Use Building with Restaurant Space

      Mixed-use building in Nevada features a renovated two-bedroom apartment above flexible, loft-style restaurant space.
      127 E Cherry Street, Nevada, MO 64772
      View Details
    • $90,000
      4,400 SF

      Mixed-Use Building on Town Square

      Turn-key mixed-use building with move-in-ready main level and unfinished upper space on the town square.
      108 N Cedar Street, Nevada, MO 64772
      View Details
    • $678,890

      Productive Farmland Tract

      Productive Vernon County farmland with substantial row-crop acreage, well-maintained waterways, and convenient road frontage.
      S 2100 Road, Nevada, MO 64772
      View Details
    • $299,000

      Nevada, MO Commercial Lot

      0.78 acre commercial lot with paved parking in Nevada, MO.
      170 E Austin Boulevard, Nevada, MO 64772
      View Details
    • $162,750

      31.10 Acres Near Nevada, MO

      31.10 acres with ponds, timber, and building sites.
      23529 -Tract 3 E Overland Road, Nevada, MO 64772
      View Details
    • $678,890

      Productive Farmland Near Nevada, Missouri

      117+/- acre farm with 105.26 acres in row crop production.
      S 2100 Road, Nevada, MO 64772
      View Details
    • $46,000
      2,260 SF

      Retail Building with Raised Area

      For-sale downtown retail building with exposed brick, open ceilings, and a raised area suited for a stage or showcase.
      119 W Cherry Street, Nevada, MO 64772
      View Details
    • $180,000

      Cross-Fenced Farm Acreage

      Rural acreage in Nevada, MO with cross fencing, a natural spring, and on-site rural water and septic for building or farming.
      12668 E Panama Road, Nevada, MO 64772
      View Details
    • $557,690
      994,039 SF

      Secluded Estate with Hunting and Farming

      22-acre estate with versatile home, timber, and outbuilding.
      2 East Overland Road, Nevada, MO 64772
      View Details
    • $180,950

      M-2 Heavy Industrial Land Tract

      23.5-acre industrially zoned parcel near I-49 with substantial road frontage and utilities at/near the site.
      N Click Street, Nevada, MO 64772
      View Details
    • $139,900

      Commercial Lot on US Route 54

      Commercial lot with high visibility and easy highway access.
      000 N Centennial Boulevard, Nevada, MO 64772
      View Details

    FAQs

    What type of property is this?
    Land - 31.10 acres with ponds, timber, and building sites.
    Where is this land located?
    The property is located at 3 East Overland Road Nevada, MO.
    What is the asking price?
    The asking price for this property is $162,750.
    What are key features of this property?
    This property features: 31.10 acres of land with multiple ideal building sites.; Road frontage on two sides for easy access.; Two ponds, including one stocked for fishing.
    (913) 406-6380
    We can help!
    Listing Contact
    Vanessa Leisure
    Vanessa Leisure
    Real Estate License ID: 2003028885
    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
    3 East Overland Road, Nevada, MO 64772
    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!