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    000 Shores Dr Norwood, MO 65717

    • Commercial real estate
    • 8.60 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 000 Shores Dr

    Lot size
    8.60 lot acres
    Property type
    Commercial real estate

    Description

    Exceptional investment opportunity awaits in Wright County, Missouri! This 8.6-acre property boasts a prime location at one of the highest elevations in the area, offering stunning views and potential for future development. A key feature is the existing lease agreement for an internet tower situated on the land, generating consistent monthly rental income. This lease is assumable by the new owner and provides a solid return on investment, with opportunities for renegotiation in the future. Beyond the income-producing tower, the expansive acreage presents a unique chance to build a private cabin or explore other development possibilities. The property's high elevation ensures privacy and breathtaking vistas. This rare combination of income generation and development potential makes this a truly exceptional investment opportunity. Don't miss your chance to own this remarkable piece of Missouri land. The property is located at 000 Shores Drive, Norwood, MO. The asking price is $75,000.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Norwood
    County
    Wright
    State
    Missouri
    Longitude
    -92.4654
    Latitude
    37.1074

    Comparable in this City

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      10.00 Acres

      Thomas Rd

      COMMERCIAL (GENERAL) • 10.00 Acres
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      113.00 Acres

      Curtner Rd

      Land • 113.00 Acres
      0 Curtner Rd, Norwood, MO 65717
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    000 Shores Dr
    Norwood, MO 65717
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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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