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Property profile & analytics
OFF-MARKET
Land

123 Co Rd Annapolis, MO 63620

29 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 29-acre property in Iron County, Missouri, presents a unique investment opportunity. Located off County Road 123 near Glover, MO, zip code 63620 (latitude 37.4755431, longitude -90.6707365), the land is primarily comprised of pastureland, ideal for various uses. The property includes a three-bedroom, two-bathroom single-wide mobile home, currently generating a monthly rental income of $500. Built in 2003, this mobile home provides immediate cash flow. The location offers unparalleled access to popular outdoor attractions, including the Black River, Johnson's Shut-Ins State Park, and Elephant Rocks State Park, making it attractive for recreational pursuits or tourism-related ventures. The peaceful setting provides an ideal location for building a home or developing a small-scale commercial enterprise. The asking price for this expansive property is $399,999. This represents a compelling opportunity to acquire a significant landholding with existing income potential in a desirable location. Serious inquiries are encouraged.

Property profile
Verified
Property type Land
Lot 29 ac (1,263,240 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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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