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    801 315Th St Drexel, MO 64742

    For Sale
    $219,900

    13 Acres, Hwy Frontage, Lake Views

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 13-acre agricultural property in Drexel, Missouri, presents a unique investment opportunity. Located on a hard-surface highway, this land boasts convenient access and high visibility. A key feature is its proximity to a sizable lake across the street, offering scenic views and potential recreational benefits. The property's agricultural zoning allows for a variety of uses, making it suitable for farming, ranching, or other rural pursuits. The fertile land is ready for development, offering significant potential for growth and return on investment. Furthermore, an additional 4 acres of adjacent land are available for purchase, providing an opportunity to expand the holding (see MLS #2516891 for details on the adjacent parcel). The property's address is 801 E 315th Street, Drexel, MO 64742, situated in Cass County. The asking price for this remarkable 13-acre tract is $219,900. This is a rare chance to acquire prime Missouri farmland with excellent location and potential. Don't miss this opportunity to own a piece of this desirable rural landscape. Contact us today to schedule a showing and explore the possibilities.

    Property Features for 801 315Th St

    General Information

    Property type
    Farms
    Lot Size
    566,280 SF

    HighLights

    • 13‑acre agricultural land tract in Drexel, MO, asking $219,900.
    • Located on a hard‑surface highway.
    • Adjacent to property with a large lake.
    • Additional 4 acres available (MLS #2516891).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Drexel
    County
    Cass
    State
    Missouri
    Longitude
    -94.5993487
    Latitude
    38.5480148

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    FAQs

    What type of property is this?
    Farm - 13 Acres, Hwy Frontage, Lake Views
    Where is this farm located?
    The property is located at 801 315Th St Drexel, MO.
    What is the asking price?
    The asking price for this property is $219,900.
    What are key features of this property?
    This property features: 13-acre agricultural land tract in Drexel, MO, asking $219,900.; Located on a hard-surface highway.; Adjacent to property with a large lake.
    Request Owner's contact information
    801 315Th St 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
    801 315Th St Drexel, MO 64742
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