Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Ranch Home with Shop & Acreage Title is generated by Realmo AI

    916 County Road 5390, Salem, MO 65560

    View on Map
    Claim this Listing
    For Sale
    $650,000

    Self-sufficient 3BR home on fertile bottom ground with cross-fenced pasture and a new powered 40x60 shop.

    Type:Farm / Farm
    Property size:
    2,454 SF
    Lot size:
    25.00 Acres
    Price / SF:
    $264/SF
    Added:
    May 29, 2026
    Days on Market:
    9
    Last Refresh:
    Jun 6 at 3:39 am

    Property Features for 916 County Road 5390

    General Information

    Standard status
    Active
    Size
    2,454 SF
    Lot size
    25.00 Acres
    Property subtype
    Farm / Farm

    Building Details

    Year Built
    2007

    We can help!

    Listing Contact
    Erik Kean
    Erik Kean

    Listing agent Erik Kean License #2016031717

    Listing office EXP Realty LLC

    Listing date May 29, 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 EXP Realty LLC

    HighLights

    • Perched 3BR/2BA home with hilltop views, plus 8 total rooms
    • Approximately 25 acres of fertile tillable bottom ground, plus additional pasture and wooded acreage
    • Approximately 10 acres of cross‑fenced pasture with water and electric service and multiple water spigots
    • 40‑foot above‑ground pool and covered patio
    • New 40x60 shop built in 2025 with power, electric, and 16‑foot doors
    • Multiple heating options: electric heat pump, propane furnace, and Hardy outdoor wood stove that also supplies hot water

    Overview

    Perched atop a scenic hill near the headwaters of the Meramec River, this 3-bedroom, 2-bath home blends indoor comfort with practical rural efficiency. Large windows bring in natural light and frame long countryside views. The home is equipped with multiple heating options, including an electric heat pump, propane furnace, and a Hardy outdoor wood stove that also supplies hot water. The kitchen includes an electric range plus a propane hookup. A mechanical room offers a water filtration system, water softener, and UV light system. Gas fireplaces anchor both the living room and the primary suite, and the primary retreat features a walk-in dressing room, deep soaking tub, and separate shower.

    The property is set up for hands-on living and outdoor use, offering approximately 25 acres of fertile tillable bottom ground along with additional pasture and wooded acreage. Outside, there is about 10 acres of cross-fenced pasture with water and electric service, multiple water spigots, fruit trees, and garden plots. A 40-foot above-ground pool adds to the recreation options. A brand-new 40x60 shop with power, electric, and 16-foot doors was built in 2025. Additional wooded acreage is included across County Road 5380.

    This is a strong fit for buyers looking for a working hobby farm or a private country homestead, with on-site acreage, cross-fenced pasture, and a newly built shop supported by power and electric service. The home’s multiple heating sources and on-premises water treatment components are designed for everyday comfort and peace of mind in a rural setting.
    Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Salem
    County
    Dent
    State
    Missouri
    Longitude
    -91.386816
    Latitude
    37.558021

    Nearby Similar for Sale

    • $305,000
      6,934 SF

      Commercial Building in High-Traffic Area

      Spacious commercial building with kitchen, parking, and high visibility.
      1 S Main Street, Salem, MO 65560
      View Details
    • $300,000
      3,500 SF

      Highway 32 Commercial Opportunity

      Former bank building suitable for various professional or retail uses.
      600 E Highway 32, Salem, MO 65560
      View Details
    • $650,000
      2,454 SF

      Scenic Ranch with Fertile Land

      Remarkable 3-bedroom home on 80.6 acres with tillable ground.
      916 County Road 5390, Salem, MO 65560
      View Details
    • $400,000
      3,840 SF

      Turnkey 8-Unit Apartment Building

      Well-maintained 8-unit apartment building with on-site parking.
      1000 S Dilworth Lane, Salem, MO 65560
      View Details
    • $1,500,000
      2,688 SF

      Highway Frontage Farm with Home

      270-acre farm with modern home and highway frontage.
      3947 Highway H Salem Mo 65560, Salem, MO 65560
      View Details
    • $399,000

      Salem Commercial Property For Sale

      Commercial property for sale in Salem, Missouri.
      901 South Main Street, Salem, MO 65560
      View Details
    • $1,100,000
      10,000 SF

      Versatile Multi-Building Commercial Opportunity

      Prime Salem location with flexible infrastructure and excellent visibility.
      905-909 Scenic Rivers Blvd, Salem, MO 65560
      View Details
    • $182,000
      3,864 SF

      Restaurant and Resale Shop Building

      Restaurant/Resale Shop with equipment and furnishings in downtown Salem.
      304 Third W, Salem, MO 65560
      View Details
    • $74,995
      1,551 SF

      Salem MO Duplex For Sale

      Duplex in Salem, Missouri, with two-car garage and storage.
      307 W 7th Street, Salem, MO 65560
      View Details
    • $389,000
      2,400 SF

      19 Acres with 4-Bedroom Home

      19-acre property with a 4-bedroom home near Salem, MO.
      3285 County Road 6270, Salem, MO 65560
      View Details
    • $149,900
      1,109 SF

      Commercial Building at Corner Location

      Commercial building with high traffic location and remodeled office.
      201 E Roosevelt St, Salem, MO
      View Details
    • $299,000
      6,934 SF

      Spacious Commercial Building Near Town

      6900+ sqft commercial building with parking near Salem square.
      1 S Main Street, Salem, MO 65560
      View Details

    FAQs

    What type of property is this?
    Farm - Self-sufficient 3BR home on fertile bottom ground with cross-fenced pasture and a new powered 40x60 shop.
    Where is this farm located?
    The property is located at 916 County Road 5390 Salem, MO.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: Perched 3BR/2BA home with hilltop views, plus 8 total rooms; Approximately 25 acres of fertile tillable bottom ground, plus additional pasture and wooded acreage; Approximately 10 acres of cross‑fenced pasture with water and electric service and multiple water spigots
    (573) 368-9421
    We can help!
    Listing Contact
    Erik Kean
    Erik Kean
    Real Estate License ID: 2016031717
    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
    916 County Road 5390, Salem, MO 65560
    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!