32377 Mo-Mm Warsaw, MO 65355
This exceptional 34-acre Missouri property presents a unique redevelopment opportunity. The existing two-story, 3,180 square foot lodge, built in 1981 and renovated in 2024, boasts a kitchen, bathrooms, and outdoor shower/bathroom facilities. Currently operating at 40% occupancy, the lodge sleeps 15 and offers space for 65-120 mini-homes or RVs, presenting significant income potential. Two serene fishing ponds enhance the recreational appeal. The property includes a wastewater treatment facility and gravel roads for easy access throughout. Zoned commercial, this location offers convenient access to Warsaw, antique shopping, Truman Dam & Visitors Center, and Truman Lake. The lodge also features space suitable for fast retail service or a campground check-in area. Existing nightly and weekly rentals, along with seasonal tiny home and camper leases, provide immediate income potential. This property is priced at $2,950,000 ($927.67/sq ft) and represents a compelling investment in a thriving recreational market. The property's versatility allows for diverse development options, from a vibrant campground to a peaceful retreat or a year-round festival destination. This is a chance to create a thriving resort business in a prime location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.