Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Secluded Wooded Land with Cabin Title is generated by Realmo AI

    32999 Wanda Avenue, Lincoln, MO 65338

    View on Map
    Claim this Listing
    New
    For Sale
    $107,000

    LAND - Lincoln, MO

    Lot size:
    21.30 Acres
    Added:
    May 28, 2026
    Days on Market:
    5
    Last Refresh:
    Jun 1 at 8:06 am

    Property Features for 32999 Wanda Avenue

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    161002000000001000
    Lot size
    21.30 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    252

    Utilities

    Utilities
    Electricity Available

    We can help!

    Listing Contact
    Darin Peterson

    Listing agent Darin Peterson License #2001015127

    Listing office Century 21 Peterson Real Estate 1000 S Springfield Ave, Bolivar, MO

    Listing date May 28, 2026

    MLS# 60324878 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

    • Secluded, wooded property with no restrictions
    • Ideal for hunting and recreation, with evidence of deer and turkey
    • Existing hunting cabin with electricity and outside water hydrant
    • Suitable for building with existing electricity and water access
    • Close proximity to the lake
    • Additional 9 acres available

    Overview

    This 21.3-acre property, located in Lincoln, MO, is entirely wooded and secluded, offering a hunter's retreat with no restrictions. A small hunting cabin with electric service is present on the land. Although the cabin is not plumbed, an outside hydrant is available. The property is suitable for hunting, weekend relaxation, or building, with electric and water already accessible. It is located a few minutes from the lake. The land is located in Benton County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hunting land

    Map

    City
    Lincoln
    County
    Benton
    State
    Missouri
    Longitude
    -93.102648
    Latitude
    38.273978

    Nearby Similar for Sale

    • $675,000

      Highway 65 Motel Opportunity

      22-room motel near Lake of the Ozarks and Truman Lake.
      23339 Highway 65, Lincoln, MO 65338
      View Details
    • $159,900

      Highway Commercial Property For Sale

      Commercial property on 65 Highway with excellent visibility and accessibility.
      214 N 65 Highway, Lincoln, MO 65338
      View Details
    • $159,900

      Highway Commercial Property For Sale

      Commercial property on 65 Highway with excellent visibility and accessibility.
      214 N 65 Highway, Lincoln, MO 65338
      View Details
    • $1,171,075

      Benton County Farm Near Lake

      168.5 acre cattle farm with home and shop.
      27930 Hwy B, Lincoln, MO 65338
      View Details
    • $159,900

      Highway Commercial Property For Sale

      Commercial property on 65 Highway with excellent visibility and accessibility.
      214 N 65, Lincoln, MO 65338
      View Details
    • $355,000

      Multifamily Property Near Lincoln, MO

      Three-unit multifamily property with potential for expansion on 2+ acres.
      19336 Zion Church, Lincoln, MO 65338
      View Details
    • $390,000

      Highway Commercial Property For Sale

      Versatile commercial property with high visibility on a busy highway.
      345 US-65, Lincoln, MO 65338
      View Details
    • $795,000

      Campground and Hospitality Property For Sale

      Campground and hospitality property available in Lincoln, Missouri.
      28795 Lake Loop N/A, Lincoln, MO 65338
      View Details
    • $150,000

      Waterfront Land on Lake Ozarks

      2.4 acres of waterfront property on Lake of Ozarks.
      33359 Wendy's, Lincoln, MO 65338
      View Details
    • $80,000

      Lincoln, MO Building Lot

      Building lot with city utilities and pasture views.
      Lots 53 & 54 Seth, Lincoln, MO 65338
      View Details
    • $284,500

      65 Acres Benton County Farm

      65-acre Benton County farm with utilities and hunting potential.
      TBD Kroenke Trail, Lincoln, MO 65338
      View Details
    • $39,900

      Vacant Lot in Desirable Development

      Large lot ready for your dream home construction.
      118 Seth, Lincoln, MO 65338
      View Details

    FAQs

    What type of property is this?
    Hunting land - 21.3 acres of wooded land with hunting cabin near lake.
    Where is this hunting land located?
    The property is located at 32999 Wanda Avenue Lincoln, MO.
    What is the asking price?
    The asking price for this property is $107,000.
    What are key features of this property?
    This property features: Secluded, wooded property with no restrictions; Ideal for hunting and recreation, with evidence of deer and turkey; Existing hunting cabin with electricity and outside water hydrant
    (417) 327-7013
    We can help!
    Listing Contact
    Darin Peterson
    Real Estate License ID: 2001015127
    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
    32999 Wanda Avenue, Lincoln, MO 65338
    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!