Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3887 State Hwy Summersville, MO 65571

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3887 State Hwy Summersville, MO 65571

    View on Map
    • Land
    • 40.47 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 3887 State Hwy

    Lot size
    40.47 lot acres
    Property type
    Land

    Description

    This exceptional 40.47-acre commercial property in Shannon County, Missouri, presents a unique investment opportunity. Located at 3887 State Highway 106, Summersville, MO 65571, this land boasts a picturesque setting just minutes from the Ozark National Scenic Riverways. The property includes existing infrastructure such as electricity and a heated, insulated 10x20 shed with a wood stove, ideal for various uses. A gated entrance ensures privacy, while the diverse mature trees – including walnut, red oak, cedar, white oak, and pine – provide natural beauty and shade. Wildlife is abundant, with deer, turtles, and rabbits frequently sighted. A 5th wheel RV with three slide-outs and a 4500-watt Generac generator is included, offering immediate occupancy. An 18x35 awning provides additional outdoor space. Conveniently located near Houston, West Plains, and Mountain View, Missouri, this property offers a blend of seclusion and accessibility. The asking price is $159,900. This property is perfect for those seeking a peaceful retreat, hunting paradise, or a unique commercial venture in the heart of the Ozarks. The property also includes a lagoon.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Summersville
    County
    Shannon
    State
    Missouri
    Longitude
    -91.5898
    Latitude
    37.1745

    Comparable in this City

    • Value Estimation by Request
      25.00 Acres

      Highway

      Land • 25.00 Acres
      0 Highway, Summersville, MO 65571
      View Details
    • Value Estimation by Request
      60.00 Acres

      8885 Fish Trap Rd

      Farms • 60.00 Acres
      8885 Fish Trap Rd, Summersville, MO 65571
      View Details
    • Value Estimation by Request
      81.49 Acres

      22370 Crk 333

      Multifamily properties • 2,496 SF
      22370 Crk 333, Summersville, MO 65571
      View Details
    • Value Estimation by Request
      80.00 Acres

      000 County Rd

      Farms • 80.00 Acres
      000 County Rd, Summersville, MO 65571
      View Details
    • Value Estimation by Request
      5.05 Acres

      153 5th St

      COMMERCIAL (GENERAL) • 5.05 Acres
      153 5th St, Summersville, MO 65571
      View Details
    • Value Estimation by Request

      Miles Of Line 8th Summersville

      COMMERCIAL (GENERAL)
      Miles Of Line 8th Summersville, Summersville, MO 65571
      View Details

    Similar Nearby for Sale

    • $169,900
      Pending

      Land with Barn Near Summersville

      37.73 acres of timber with well and barn.
      3480 Bethel Dr, Summersville, MO 65571
      View Details
    • $599,000
      160.00 Acres

      Turn-Key Recreational Property Near Jacks Fork

      160-acre hunting land with income-producing cabin near Jacks Fork River.
      1278 Harlow Rd, Summersville, MO 65571
      View Details
    • $320,000
      39.00 Acres

      Versatile Land with Income Potential

      39 acres with improvements, income potential, highway frontage.
      4405 County Rd 340, Summersville, MO 65571
      View Details
    • $167,000
      21.00 Acres

      21 Acres with Pole Building

      Land with well, electric, pole building, and fenced acreage.
      4405 Co Rd 340, Summersville, MO 65571
      View Details
    • $257,000
      18.00 Acres

      Storage Units and Highway Frontage

      Storage units on 18 acres with highway frontage.
      4405 Co Rd 340, Summersville, MO 65571
      View Details
    • $240,000
      39.14 Acres

      40 Acres Fenced Land

      40 acres of fenced land with older home place.
      Date Dr, Summersville, MO 65571
      View Details
    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.
    3887 State Hwy
    Summersville, MO 65571
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!