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    315Th St Drexel, MO 64742

    For Sale
    $89,900

    Wooded acreage near lake, excellent potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 4-acre property in Drexel, Missouri, presents a unique investment opportunity. Located on a hard-surfaced road (S State Rd D) with additional gravel frontage on 315th Street, this wooded parcel boasts a desirable corner location. Its strategic position offers convenient access and visibility. A significant advantage is its proximity to a large lake on an adjacent property, enhancing its recreational appeal and potential value. The land's natural wooded character provides a tranquil setting, while its potential uses are diverse. The property is classified as agricultural land, suitable for various purposes, including pasture or potentially tillable land after some clearing. For those seeking a larger holding, an adjacent 13-acre parcel (MLS# 2516858) is available for purchase, creating a combined 17-acre tract with a balanced mix of wooded and open areas. The asking price for this 4-acre parcel is $89,900, offering a compelling entry point into the Missouri farmland market. The property's address is 4-acres E 315th Street, Drexel, MO 64742, situated in Cass County. This location provides easy access to local amenities and transportation routes. Don't miss this chance to acquire this versatile and well-situated piece of Missouri land.

    Property Features for 0 315Th St

    General Information

    Property type
    Farms
    Lot Size
    174,240 SF

    HighLights

    • $89,900 asking price for 4 acres of agricultural land.
    • Located in Drexel, MO, Cass County, zip code 64742.
    • Property is a wooded 4‑acre corner lot with hard surface road frontage on S State Rd D and gravel frontage on 315th Street.
    • Adjacent 13‑acre parcel available for purchase (MLS# 2516858), creating a 17‑acre total.
    • Property sits across from a lake.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Drexel
    County
    Cass
    State
    Missouri
    Longitude
    -94.5766541
    Latitude
    38.5489163

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    FAQs

    What type of property is this?
    Farm - Wooded acreage near lake, excellent potential.
    Where is this farm located?
    The property is located at 315Th St Drexel, MO.
    What is the asking price?
    The asking price for this property is $89,900.
    What are key features of this property?
    This property features: $89,900 asking price for 4 acres of agricultural land.; Located in Drexel, MO, Cass County, zip code 64742.; Property is a wooded 4-acre corner lot with hard surface road frontage on S State Rd D and gravel frontage on 315th Street.
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    Drexel, MO 64742
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    Realmo Value Estimation

    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.

    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.

    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
    315Th St Drexel, MO 64742
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