0 Persimmon Trl Novinger, MO 63559
This exceptional 100-acre (more or less) commercial land parcel presents a unique investment opportunity in Adair County, Missouri. Located on Persimmon Trail in Novinger, zip code 63559, this property boasts a rural setting within the Kirksville R-III School District. The land is primarily used as pasture/hay ground and features barbed wire fencing. Improvements include two barns, providing ample storage or potential for development. Utilities such as electricity and water are available. The property also benefits from a pond as a water source. Access is provided via a gravel county road. The tax year is 2024. This expansive acreage offers significant potential for various commercial ventures, taking advantage of its size and existing infrastructure. The property is currently listed for sale at $400,000. Covenants are in place (details available upon request). This is a rare opportunity to acquire a substantial commercial land holding in a desirable Missouri 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
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.