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Property profile & analytics
OFF-MARKET
Commercial real estate

000 Shores Dr Norwood, MO 65717

8.6 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 8.6 ac (374,616 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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