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    44 Acres +/- Riverfront Elmo, MO 64445

    For Sale
    $231,000

    44 Acres, $231,000, Recreational Paradise

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 44-acre commercial land parcel in Elmo, Missouri, presents a unique investment opportunity. Located in Nodaway County (zip code 64445), this property boasts approximately 15 acres of open land and the remainder in timber. A significant feature is roughly half a mile of pristine Nodaway Riverfront, characterized by a beautiful sandbar. The river's edge offers exceptional recreational potential, ideal for camping, fishing, swimming, and hunting. The secluded location, described as "way back in the woods," ensures peace and quiet. While the northern boundary shows evidence of river erosion, and some cropland has accumulated sand and debris from the river, the overall acreage and riverfront access remain highly attractive. The asking price is $231,000, translating to $5,250 per acre. This property is perfect for those seeking a tranquil retreat with significant recreational possibilities and substantial land area. The latitude and longitude coordinates are 40.5416991 and -95.1223608 respectively. This is a rare opportunity to own a substantial riverfront property in a peaceful Missouri setting.

    Property Features for 44 Acres +/- Riverfront

    General Information

    Property type
    Land
    Lot Size
    1,916,640 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Elmo
    County
    Nodaway
    State
    Missouri
    Longitude
    -95.1223608
    Latitude
    40.5416991

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    FAQs

    What type of property is this?
    Land - 44 Acres, $231,000, Recreational Paradise
    Where is this land located?
    The property is located at 44 Acres +/- Riverfront Elmo, MO.
    What is the asking price?
    The asking price for this property is $231,000.
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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
    44 Acres +/- Riverfront Elmo, MO 64445
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