Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    23891 Redding Ln Richland, MO 65556
    Back to Search
    Property profile & analytics

    23891 Redding Ln Richland, MO 65556

    View on Map
    • Land
    • 2,600 SF
    • 25.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 23891 Redding Ln

    Lot size
    25.00 lot acres
    Property size
    2,600 SF
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional Missouri property, known as Cook Riverside Farm Tract 3, presents a unique opportunity. The 25-acre parcel features a stunning 2,600 square foot, 3-bedroom, 2.5-bathroom barndominium. The home boasts luxurious finishes including 18-foot ceilings in the living room, a modern kitchen with quartz marble countertops and backsplash, a Thermador commercial dual-fuel range/oven, and a TRUE commercial glass-front refrigerator. The master suite includes a cast iron, skirted free-standing soaker tub. Additional interior features include 5-panel interior doors and Andersen black exterior windows with white interiors. Enjoy the built-in fireplace and a wraparound porch with recessed lighting. The property offers abundant wildlife, including deer and turkey. A 40x45 hay barn is also included, suitable for animal shelter use. Further enhancing the property is a zero-entry shower, ADA-compliant 36-inch main door clearance, and a completely finished, heated, and insulated shop. The property is located at 23891 Redding Lane Tract 3, Richland, MO 65556, in Pulaski County. Note that there are no restrictions on the property, and approximately 59 additional acres are available for purchase. Asking price is $810,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Richland
    County
    Pulaski
    State
    Missouri
    Longitude
    -92.2932
    Latitude
    37.8742

    Comparable in this City

    • Value Estimation by Request
      84.00 Acres

      23891 Redding Ln

      Farms • 2,600 SF
      23891 Redding Ln, Richland, MO 65556
      View Details
    • Value Estimation by Request
      156.44 Acres

      25455 Rail Rd

      Farms • 156.44 Acres
      25455 Rail Rd, Richland, MO 65556
      View Details
    • Value Estimation by Request
      120.00 Acres

      6203 Shepherd Rd

      Farms • 120.00 Acres
      6203 Shepherd Rd, Richland, MO 65556
      View Details
    • Value Estimation by Request
      253.00 Acres

      25700 Rail Rd

      Farms • 253.00 Acres
      25700 Rail Rd, Richland, MO 65556
      View Details
    • Value Estimation by Request
      46.77 Acres

      25014 Highway 7

      Farms • 46.77 Acres
      25014 Highway 7, Richland, MO 65556
      View Details
    • Value Estimation by Request
      30.00 Acres

      000 Redding Lance Tract 4

      Land • 30.00 Acres
      000 Redding Lance Tract 4, Richland, MO 65556
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Gasconade River Farm with Shooting

      253-acre farm with river frontage, shooting range, and home.
      25700 Rail Rd, Richland, MO 65556
      View Details
    • $148,000
      Pending

      Richland, MO Land For Sale

      38 acre Pulaski County retreat with Duck Creek frontage.
      Ranch Ln, Richland, MO 65556
      View Details
    • $599,000
      180.50 Acres

      Richland Farm with River Access

      180.5 acre farm with Osage River frontage.
      1 Topaz Dr, Richland, MO 65556
      View Details
    • Contact for pricing
      1,896 SF

      Missouri Land Near Lake Ozarks

      308-acre Missouri property ideal for agriculture, hunting, or homestead.
      1508 N Davis Hollow Rd, Richland, MO 65556
      View Details
    • $295,000
      29.20 Acres

      Cattle-Ready Farm with Multiple Ponds

      29.2-acre farm with fencing, ponds, and mobile home.
      18549 State Road A, Richland, MO 65556
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    23891 Redding Ln
    Richland, MO 65556
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    23891 Redding Ln, Richland, MO, 65556
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!