Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Eldon, MO Wooded Land Parcel Title is generated by Realmo AI

    5.1 Acres Midway Road, Eldon, MO 65026

    View on Map
    Claim this Listing
    For Sale
    $62,500

    LAND - Eldon, MO

    Lot size:
    5.10 Acres
    Added:
    Aug 8, 2025
    Days on Market:
    293
    Last Refresh:
    May 27 at 7:06 am

    Property Features for 5.1 Acres Midway Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Parking features
    Driveway
    Standard status
    Active
    APN
    055022000000027000
    Lot size
    5.10 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    TRT #851 COMMERCIAL ACRES PT NW4 SW4
    Tax Annual Amount
    77

    We can help!

    Listing Contact
    PEGGY LYNN ALBERS
    PEGGY LYNN ALBERS

    Listing agent PEGGY LYNN ALBERS License #2015037742

    Listing office Albers Real Estate Advisors 3287 Bagnell Dam Boulevard, Lake Ozark, MO

    Listing date Aug 8, 2025

    MLS# 3579579 Listing URL

    Copyright © 2026 Bagnell Dam Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 5.1‑acre wooded parcel offering a peaceful and secluded setting.
    • Convenient access to Highway 54 and main roads.
    • Suitable for building a private home or weekend cabin.
    • Utilities nearby.
    • No known restrictions.

    Overview

    This 5.1-acre parcel is located just off Highway 54 on Midway Road. The property features a wooded setting and convenient access to main roads. It is suitable for building a private home or weekend cabin, or for land investment. Utilities are located nearby. There are no known restrictions on the property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Eldon
    County
    Morgan
    State
    Missouri
    Longitude
    -92.578926
    Latitude
    38.292657

    Nearby Similar for Sale

    • $175,000
      5,000 SF

      Eldon Commercial Opportunity: Blank Slate

      Prime commercial space in Eldon, ready for development.
      208/210 S Maple Street, Eldon, MO 65026
      View Details
    • $175,000
      5,000 SF

      Eldon Commercial Opportunity For Sale

      Two storefronts, blank slate, ideal for various ventures.
      208/210 S Maple Street, Eldon, MO 65026
      View Details
    • $485,000
      6,250 SF

      Highway Frontage Multifamily Opportunity

      Turnkey commercial property with apartments near Lake of the Ozarks.
      473 W Highway, Eldon, MO 65026
      View Details
    • $699,000

      Prime Land with Highway Frontage

      20-acre tract with highway frontage near Lake of the Ozarks.
      VFW Road, Eldon, MO 65026
      View Details
    • $359,000
      6,000 SF

      Eldon Land with Shop

      5.5 acres with a large shop near Eldon.
      225 hwy 87, Eldon, MO 65026
      View Details
    • $429,900

      Eldon Land Development Opportunity

      18.39 acres with highway and golf course frontage.
      Hwy 52, Eldon, MO 65026
      View Details
    • $245,000
      1,340 SF

      Historic Office with Modern Updates

      Charming 1920s commercial property with modern updates in 2024.
      302 S Maple Street, Eldon, MO 65026
      View Details
    • $485,000

      Highway Frontage Commercial Opportunity

      Turnkey commercial property with highway frontage and two apartments.
      473 W Highway, Eldon, MO 64026
      View Details
    • $32,500

      Eldon, MO Build-Ready Lot

      Build-ready lot near Lake of the Ozarks.
      W Bourbon Street lot: 9, Eldon, MO 65026
      View Details
    • $169,500
      1,152 SF

      Updated Commercial Building in Eldon

      Move-in ready commercial building with modern updates and functional layout.
      11 Maple Street, Eldon, MO 65026
      View Details
    • $1,000,000

      Commercial Opportunity in Eldon, MO

      Prime commercial building in the heart of Eldon, Missouri.
      101 Business 54, Eldon, MO 65026
      View Details
    • $485,000

      Highway Frontage Commercial Opportunity

      Turnkey commercial property with apartments near Lake of the Ozarks.
      473 W Highway, Eldon, MO 65026
      View Details

    FAQs

    What type of property is this?
    Land - 5.1-acre wooded parcel near Highway 54, suitable for residential development.
    Where is this land located?
    The property is located at 5.1 Acres Midway Road Eldon, MO.
    What is the asking price?
    The asking price for this property is $62,500.
    What are key features of this property?
    This property features: 5.1‑acre wooded parcel offering a peaceful and secluded setting.; Convenient access to Highway 54 and main roads.; Suitable for building a private home or weekend cabin.
    (573) 569-8792
    We can help!
    Listing Contact
    PEGGY LYNN ALBERS
    PEGGY LYNN ALBERS
    Real Estate License ID: 2015037742
    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
    5.1 Acres Midway Road, Eldon, MO 65026
    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!