Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Hunting & Recreation Land Near Forest Title is generated by Realmo AI

    Highway 32 E, Salem, MO 65560

    View on Map
    Claim this Listing
    Pending
    $119,000

    LAND - Salem, MO

    Lot size:
    36.00 Acres
    Added:
    Mar 3, 2026
    Days on Market:
    80
    Last Refresh:
    May 22 at 10:06 am

    Property Features for Highway 32 E

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    APN
    11-9.0-29-0-00-012.001
    Lot size
    36.00 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    13

    We can help!

    Listing Contact
    Jerry D. Hunter

    Listing agent Jerry D. Hunter License #2019005150

    Listing office Living The Dream, Inc. 6485 North Service Road West, MO

    Listing date Mar 3, 2026

    MLS# 60316702 Listing URL

    Copyright © 2026 Southern Missouri Regional MLS, LLC (SOMO). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Adjoins Mark Twain National Forest on three sides, providing unmatched access to hundreds of acres of public land.
    • Ideal mix of mature woods and open areas creating outstanding wildlife habitat.
    • Fully fenced with barbed wire and featuring open fields perfect for establishing food plots.
    • Multiple scenic building sites offer privacy and breathtaking views for a dream cabin or country home.
    • Well‑suited for year‑round recreation including UTV riding, horseback riding, and hiking.
    • Located on a Forest Service road, 13 miles from Salem, with convenient access to the Ozark National Scenic Riverways.

    Overview

    This 36-acre property is suited for hunting and recreation, adjoining the Mark Twain National Forest on three sides. The land is fully fenced with barbed wire and features open fields suitable for establishing food plots. Mature hardwoods, cedar, and pine trees provide cover and natural browse for deer and turkey. Multiple scenic building sites offer locations for a cabin or country home. The property is located on a Forest Service road 13 miles from Salem, providing access to the Ozark National Scenic Riverways for floating and fishing. The property is a mix of mature woods and open areas, creating habitat for wildlife. The land is suited for UTV riding, horseback riding, hiking, and exploring the outdoors.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hunting land

    Map

    City
    Salem
    County
    Dent
    State
    Missouri
    Longitude
    -91.536529
    Latitude
    37.635907

    Nearby Similar for Sale

    • $305,000
      6,934 SF

      Commercial Building in High-Traffic Area

      Spacious commercial building with kitchen, parking, and high visibility.
      1 S Main Street, Salem, MO 65560
      View Details
    • $300,000
      3,500 SF

      Highway 32 Commercial Opportunity

      Former bank building suitable for various professional or retail uses.
      600 E Highway 32, Salem, MO 65560
      View Details
    • $400,000
      3,840 SF

      Turnkey 8-Unit Apartment Building

      Well-maintained 8-unit apartment building with on-site parking.
      1000 S Dilworth Lane, Salem, MO 65560
      View Details
    • $75,000

      Wooded Land Near Shawnee Lake

      5.03 acre wooded lot with utilities near conservation areas.
      0 CR 4180, Salem, MO 65560
      View Details
    • $389,000
      2,400 SF

      19 Acres with 4-Bedroom Home

      19-acre property with a 4-bedroom home near Salem, MO.
      3285 County Road 6270, Salem, MO 65560
      View Details
    • $399,000

      Salem Commercial Property For Sale

      Commercial property for sale in Salem, Missouri.
      901 South Main Street, Salem, MO 65560
      View Details
    • $5,999,999
      5,712 SF

      464-Acre Ozarks Farm with Custom Home

      Breathtaking Ozarks farm featuring tillable bottomland, pivot irrigation, and custom home.
      1224 County road 3165, Salem, MO 65560
      View Details
    • $1,100,000
      10,000 SF

      Versatile Multi-Building Commercial Opportunity

      Prime Salem location with flexible infrastructure and excellent visibility.
      905-909 Scenic Rivers Blvd, Salem, MO 65560
      View Details
    • $182,000
      3,864 SF

      Restaurant and Resale Shop Building

      Restaurant/Resale Shop with equipment and furnishings in downtown Salem.
      304 Third W, Salem, MO 65560
      View Details
    • $209,900

      Land in Salem, Missouri

      Located in Salem, Missouri, county seat of Dent County.
      E Scenic Rivers Boulevard, Salem, MO 65560
      View Details
    • $660,000

      55 Acres with Creek Frontage

      Highway accessible 55-acre property with creek frontage, well, and septic.
      45694 Highway 72, Salem, MO 65560
      View Details
    • $399,000
      4,406 SF

      Commercial Building on Main Street

      Freestanding commercial building with access to major streets.
      901 S Main St, Salem, MO
      View Details

    FAQs

    What type of property is this?
    Hunting land - 36 acres bordering Mark Twain National Forest, ideal hunting retreat.
    Where is this hunting land located?
    The property is located at Highway 32 E Salem, MO.
    What is the asking price?
    The asking price for this property is $119,000.
    What are key features of this property?
    This property features: Adjoins Mark Twain National Forest on three sides, providing unmatched access to hundreds of acres of public land.; Ideal mix of mature woods and open areas creating outstanding wildlife habitat.; Fully fenced with barbed wire and featuring open fields perfect for establishing food plots.
    (573) 578-0717
    We can help!
    Listing Contact
    Jerry D. Hunter
    Real Estate License ID: 2019005150
    Learn More
    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
    Highway 32 E, Salem, MO 65560
    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!