000 Shores Dr Norwood, MO 65717
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.
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.