Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Land with Shop and Ponds Title is generated by Realmo AI

    Split Oak Road, Willow Springs, MO 65793

    View on Map
    Claim this Listing
    For Sale
    $129,900

    LAND - Willow Springs, MO

    Lot size:
    5.00 Acres
    Added:
    Feb 9, 2026
    Days on Market:
    112
    Last Refresh:
    Jun 1 at 8:06 am

    Property Features for Split Oak Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    04602400000000901100
    Lot size
    5.00 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    PT N1/2 NW1/4 W HWY & N & E CO RD
    Tax Annual Amount
    93

    Utilities

    Utilities
    Electricity Available

    Building Details

    Additional Structures
    Workshop

    We can help!

    Listing Contact
    Angela Smith
    Angela Smith

    Listing agent Angela Smith License #2022019626

    Listing office Missouri Home Realty 100 E. Fifth, Mountain View, MO

    Listing date Feb 9, 2026

    MLS# 60314993 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

    • 5 acres m/l of gently rolling land
    • 24x40 shop with electric and concrete floors, including a large front sliding door
    • Two ponds on the property
    • Gated entrance for added security and privacy
    • Electricity available

    Overview

    This property features 5 acres m/l of gently rolling land. Improvements include a 24x40 shop with electric and concrete floors, accessed via a large sliding door. The shop does not have water or sewer. The land includes two ponds, a carport, partial fencing, and a gated entrance. The property offers space for equipment, livestock, or recreational use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Willow Springs
    County
    Howell
    State
    Missouri
    Longitude
    -91.994405
    Latitude
    37.009467

    Nearby Similar for Sale

    • $53,000
      633 SF

      Downtown Willow Springs Commercial Property

      633 sq ft commercial property in downtown Willow Springs.
      105 N Walnut Street, Willow Springs, MO 65793
      View Details
    • $215,000

      Prime Commercial Location, High Visibility

      Versatile commercial property suitable for various business uses.
      608 E Main Street, Willow Springs, MO 65793
      View Details
    • $900,000
      11,060 SF

      Former Dollar Store Investment Opportunity

      Leased investment property with significant frontage and parking.
      503 E Main St, Willow Springs, MO 65793
      View Details
    • $85,000
      1,300 SF

      Retail Building in Willow Springs

      1300 sq ft retail building suitable for various businesses.
      704 E Main Street, Willow Springs, MO 65793
      View Details
    • $750,000
      300,000 SF

      Spacious Warehouse on 5.72 Acres

      Large warehouse with office space on a 5.72-acre lot.
      2281 State Highway 76, Willow Springs, MO 65793
      View Details
    • $1,390,000

      Missouri Ranch with Hunting Potential

      279-acre cattle ranch near Willow Springs with excellent hunting.
      0 County Road 1130, Willow Springs, MO 65793
      View Details
    • $152,000

      Multifamily Property in Willow Springs

      Multifamily property with apartments and studios in thriving neighborhood.
      305 E Main Street, Willow Springs, MO 65793
      View Details
    • $129,900

      Land with Shop and Ponds

      5 acres of land featuring a shop and two ponds.
      000 Split Oak Road, Willow Springs, MO 65793
      View Details
    • $249,900
      4,000 SF

      Commercial Property Near Highway Interchange

      Commercial property with central heat, air, and ample parking.
      3768 PRIVATE ROAD 1271, Willow Springs, MO 65793
      View Details
    • $548,280

      Howell County Wooded Hunting Land

      106.29 acres of wooded land perfect for hunting.
      State Route P, Willow Springs, MO 65793
      View Details
    • $1,390,000

      279 Acres with Springs

      Land with live water creek and multiple springs.
      County Road 1130, Willow Springs, MO 65793
      View Details
    • $1,395,800

      Commercial Property with Warehouse and Residence

      Commercial property featuring a warehouse, garage, residence, and acreage.
      2283 State Highway 76, Willow Springs, MO 65793
      View Details

    FAQs

    What type of property is this?
    Land - 5 acres with shop, ponds, carport, and gated entrance.
    Where is this land located?
    The property is located at Split Oak Road Willow Springs, MO.
    What is the asking price?
    The asking price for this property is $129,900.
    What are key features of this property?
    This property features: 5 acres m/l of gently rolling land; 24x40 shop with electric and concrete floors, including a large front sliding door; Two ponds on the property
    (417) 252-1680
    We can help!
    Listing Contact
    Angela Smith
    Angela Smith
    Real Estate License ID: 2022019626
    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
    Split Oak Road, Willow Springs, MO 65793
    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!