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    Property profile & analytics

    K Hwy Hwy Norborne, MO 64680

    • Specialty properties
    • 194.00 lot acres
    For Sale
    View listing
    $1,048,600
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for 0 K Hwy Hwy

    Lot size
    194.00 lot acres
    Property type
    Specialty properties
    Property subtype
    Land

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Norborne
    County
    Ray
    State
    Missouri
    Longitude
    -93.76
    Latitude
    39.42
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    K Hwy Hwy
    Norborne, MO 64680
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    Realmo Value Estimation

    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.

    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.

    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
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