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    Scenic Land Overlooking North Fork Title is generated by Realmo AI

    Northfork Village Street, Tecumseh, MO 65760

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    Claim this Listing
    For Sale
    $540,900

    LAND - Tecumseh, MO

    Lot size:
    19.00 Acres
    Added:
    May 6, 2026
    Days on Market:
    8
    Last Refresh:
    May 13 at 4:06 am

    Property Features for Northfork Village Street

    General Information

    Property type
    Land
    Property subtype
    Other
    Fencing
    Perimeter
    Standard status
    Active
    APN
    14-0.2-03-000-000-001.000
    Lot size
    19.00 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    197

    Utilities

    Water front
    1

    We can help!

    Listing Contact
    Darin Jenkins

    Listing agent Darin Jenkins

    Listing office Whitetail Properties Real Estate MO

    Listing date May 6, 2026

    MLS# 60322796 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

    • Breathtaking panoramic views from a scenic ridge‑top homesite.
    • Direct access to the North Fork River for fishing, kayaking, and recreation.
    • Ideal horse property with open terrain and room to ride and roam.
    • Close proximity to Dawt Mill with restaurant, bar, live music, and river access.
    • Minutes from Caney Mountain Conservation Area for hiking and hunting.
    • Conveniently located 30 minutes from Mountain Home for shopping and services.

    Overview

    This 19-acre property offers a setting suitable for a home or private retreat. The property features a ridge-top homesite with panoramic views. The back of the property overlooks the North Fork River. The open terrain provides space for horses, making it a potential horse property with room to ride and roam. Direct access to the river allows for fishing, kayaking, and outdoor recreation. Located near Dawt Mill, a riverside destination with a restaurant, bar, live music, and cabins, the property is also minutes from Caney Mountain Conservation Area, offering acres for hiking and hunting. Mountain Home, with shopping, dining, and medical services, is 30 minutes away. The seller would consider splitting the property. Acreage is approximate, and a survey will determine the final amount. The property is offered as part of a larger tract, and taxes will be adjusted at closing.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Tecumseh
    County
    Ozark
    State
    Missouri
    Longitude
    -92.2572
    Latitude
    36.5904

    Nearby Similar for Sale

    • $499,000

      Recreational Land Near Dawt Mill

      75+/- acre recreational land with improvements near North Fork River.
      000 County Rd 319, Tecumseh, MO 65760
      View Details
    • $29,900

      Secluded Wooded Retreat in Tecumseh

      5-acre wooded land near Norfork Lake and Dawt Mill.
      County Road 555 C lot: 28, Tecumseh, MO 65760
      View Details
    • $269,900

      Ozark Land with River Views

      3.45 acres in gated community with river access.
      Northfork Village Road, Tecumseh, MO 65760
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 19-acre property with river views near Dawt Mill.
    Where is this agricultural land / farmland located?
    The property is located at Northfork Village Street Tecumseh, MO.
    What is the asking price?
    The asking price for this property is $540,900.
    What are key features of this property?
    This property features: Breathtaking panoramic views from a scenic ridge‑top homesite.; Direct access to the North Fork River for fishing, kayaking, and recreation.; Ideal horse property with open terrain and room to ride and roam.
    (417) 351-8989
    We can help!
    Listing Contact
    Darin Jenkins
    Learn More
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    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.

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