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    Table Rock Lake Income Property Title is generated by Realmo AI

    350 Campbell Point Road, Shell Knob, MO 65747

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    For Sale
    $499,900

    MULTI_FAMILY - Shell Knob, MO

    Lot size:
    0.67 Acres
    Added:
    Mar 1, 2026
    Days on Market:
    77
    Last Refresh:
    May 17 at 4:06 am

    Property Features for 350 Campbell Point Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    RR-1
    Bedrooms
    6
    Rooms
    Bedroom 5, Bedroom 4, Bedroom 2, Basement, Bedroom 6, Bedroom 1, Bedroom 3
    Interior features
    Finished Basement, Washer/Dryer Hookup, Utility Room
    Exterior features
    Balcony
    Appliances
    Range, Dishwasher, Dryer, Washer, Refrigerator, Microwave
    Standard status
    Active
    APN
    15-4.0-20-000-000-012.003
    Lot size
    0.67 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Part Of The Sw1/4, Beg @ Nw Corner, Se 1040.78, E 324, E 94.42, Sw 302.93, W 93.42, Ne 302.93, To Pob. An Also, Beg @ Nw Cor, Se 1040.78', E 102.24', Sw 303', W 101.57', Ne 302.93', To Pob. Except That Part Described In Deed #202500005940
    Tax Annual Amount
    1225

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Heat Pump (Heating)
    Cooling system
    Heat Pump
    Water source
    Well

    Building Details

    Year built
    1991
    Number of units
    2
    Building materials
    Brick, Frame, Vinyl Siding
    Roof type
    Composition

    We can help!

    Listing Contact
    Michelle Watson

    Listing agent Michelle Watson

    Listing office RE/MAX Lakeside MO

    Listing date Mar 1, 2026

    MLS# 60316509 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

    • Income potential with proven history of short‑term and long‑term rental returns, currently approved for short‑term rental.
    • Lake views and proximity to Table Rock Lake, less than 5 minutes from Campbell Point Marina with optional boat slip lease.
    • Versatile duplex design allows for flexible living arrangements: live in one unit and rent the other, or combine into a single large residence.
    • Each unit features 3 bedrooms and 2.5 baths, including two primary suites with ensuite baths.
    • Large lot (over half an acre) with ample parking for up to 8 vehicles.
    • Features include open‑concept main level, additional lower‑level living space, and private decks with lake views.

    Overview

    This versatile duplex offers lake views and income potential near Table Rock Lake, located less than five minutes from Campbell Point Marina, with the option to lease a boat slip. Each unit features three bedrooms and 2.5 baths, including two primary suites with ensuite baths, and an open-concept main level with a kitchen, dining, and living area, plus an additional living space on the lower level. A professionally installed pass-through door adds flexibility, allowing the property to function as one expansive residence. Lower-level utility rooms add convenience, while the deck with a privacy divider provides each unit its own outdoor retreat with views of Table Rock Lake. The property sits on a large 0.67-acre lot and includes a generous gravel parking area accommodating up to eight vehicles. Currently approved for short-term rental through Stone County, this property offers a history of both long-term and short-term returns. The property is located in Shell Knob, Missouri.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Building Supply Food Market Hotel & Motel Grocery & Convenience Store Storage Facility Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Shell Knob
    County
    Barry
    State
    Missouri
    Longitude
    -93.557701
    Latitude
    36.598445

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    FAQs

    What type of property is this?
    Duplex - Versatile duplex with lake views and income potential.
    Where is this duplex located?
    The property is located at 350 Campbell Point Road Shell Knob, MO.
    What is the asking price?
    The asking price for this property is $499,900.
    What are key features of this property?
    This property features: Income potential with proven history of short‑term and long‑term rental returns, currently approved for short‑term rental.; Lake views and proximity to Table Rock Lake, less than 5 minutes from Campbell Point Marina with optional boat slip lease.; Versatile duplex design allows for flexible living arrangements: live in one unit and rent the other, or combine into a single large residence.
    (417) 742-8326
    We can help!
    Listing Contact
    Michelle Watson
    Learn More
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    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.

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