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Property profile & analytics
OFF-MARKET
Specialty properties

0 K Hwy Hwy Norborne, MO 64680

194 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 194-acre property in Ray County, Missouri, presents a unique investment opportunity. Situated near Norborne (zip code 64680), this versatile land boasts a captivating blend of natural features, ideal for hunting and recreation. The property includes a 60+ acre pasture area encircled by mature timber and a former quarry, now a picturesque lake. The abundance of aggregate material within the quarry offers potential for trail improvement or sale. A pre-existing building, complete with electricity and water hookups, provides a ready-made clubhouse or potential dwelling. The property is known for its abundant deer and turkey population, making it a prime hunting location. While there is a restriction against active mining operations (a lease release is available), the property's diverse features offer significant potential for various uses. Located along K Highway, this property offers convenient access while maintaining a secluded feel. The asking price is $1,048,600. This is a rare opportunity to own a substantial recreational and hunting property in Missouri's prime hunting territory.

Property profile
Verified
Property type Specialty properties
Lot 194 ac (8,450,640 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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