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    Tbd Memory Ln Neosho, MO 64850

    Sponsored
    For Sale
    $690,000

    15 Acres, I-49 Visibility, Development Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 15+/- acre undeveloped commercial/industrial land parcel presents a significant investment opportunity in Neosho, Missouri. Boasting excellent visibility from Interstate 49, this property offers unparalleled access via Highway 86, placing it in close proximity to major transportation arteries. The location is strategically situated outside city limits yet enjoys the benefits of its adjacency to I-49, a key advantage for businesses seeking high visibility and convenient access. The seller is open to subdividing the land, providing flexibility for various development scenarios. This rapidly growing area already features established businesses such as Loves Travel Stop and Freightliner at the same interchange, underscoring the area's economic vitality. The property's convenient location also provides easy access to Joplin and Northwest Arkansas, as well as Interstate 44, expanding its market reach. While a survey will be needed as this acreage is part of a larger parcel, the property's potential is undeniable. The seller will impose restrictions prohibiting hog farming, dog kennels, poultry operations, salvage yards, outside storage, and residential development. Road maintenance and improvements (asphalt or chip & seal) will be shared with neighboring property owners until county takeover. A 24-hour first right of refusal is in place. The asking price for this prime development opportunity is $690,000.

    Property Features for 0 Tbd Memory Ln

    General Information

    Property type
    Land
    Lot Size
    653,400 SF

    HighLights

    • $690,000 asking price.
    • 15‑acre undeveloped commercial/industrial land parcel.
    • High visibility from Interstate 49, easily accessible from Highway 86 exit.
    • Located outside city limits, near Loves Travel Stop and Freightliner.
    • Convenient to Joplin, MO and Northwest Arkansas.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Neosho
    County
    Newton
    State
    Missouri
    Longitude
    -94.3992663
    Latitude
    36.8800131

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    FAQs

    What type of property is this?
    Land - 15 Acres, I-49 Visibility, Development Potential
    Where is this land located?
    The property is located at Tbd Memory Ln Neosho, MO.
    What is the asking price?
    The asking price for this property is $690,000.
    What are key features of this property?
    This property features: $690,000 asking price.; 15-acre undeveloped commercial/industrial land parcel.; High visibility from Interstate 49, easily accessible from Highway 86 exit.
    Request Owner's contact information
    Tbd Memory Ln Neosho, MO 64850
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    Neosho, MO 64850
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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
    Tbd Memory Ln Neosho, MO 64850
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