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    315Th St Drexel, MO 64742

    For Sale
    $279,900

    Prime farmland, two parcels, lake views.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 17-acre property in Drexel, Missouri, presents a unique investment opportunity. Comprising two adjacent parcels (MLS #'s 2516858 & 2516891), this land offers a versatile blend of wooded areas and tillable land suitable for pasture or cultivation. Located in Cass County, with the zip code 64742, the property boasts convenient paved road access along its entire east side and gravel road access along the north. The strategic location offers picturesque views across from a property featuring a sizable lake. The division into two legal parcels provides flexibility for various uses, including the potential development of two separate homesites or other ventures. This is an ideal opportunity for those seeking a sizable tract of land with diverse possibilities in a desirable Missouri setting. The asking price is $279,900. Latitude and longitude coordinates are 38.5489163 and -94.5766541 respectively.

    Property Features for 0 315Th St

    General Information

    Property type
    Farms
    Lot Size
    740,520 SF

    HighLights

    • 17‑acre property in Drexel, MO (Cass County, 64742) for $279,900.
    • Two adjacent parcels (MLS #2516858 & 2516891) with wooded and tillable land.
    • Paved road access (east) and gravel road access (north).
    • Picturesque lake views.
    • Suitable for multiple uses, including potential development of two homesites.
    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 - Prime farmland, two parcels, lake views.
    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 $279,900.
    What are key features of this property?
    This property features: 17-acre property in Drexel, MO (Cass County, 64742) for $279,900.; Two adjacent parcels (MLS #2516858 & 2516891) with wooded and tillable land.; Paved road access (east) and gravel road access (north).
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    315Th St Drexel, MO 64742
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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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