0 Xxx 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 Xxx Persimmon Trail in Novinger, MO, 63559, this property boasts significant potential for various commercial ventures. The land is classified as a 101-160 acre subtype within a rural setting, served by the Kirksville R-III School District. Improvements include two barns, one of which is a larger barn, and the property features barbed wire fencing, making it suitable for livestock or agricultural purposes. The primary use has been pasture/hay ground. Access is provided via county road frontage with a gravel surface. Utilities are available, including electricity and water, supplemented by a pond on the property. The property's rural location offers tranquility while remaining conveniently accessible. Tax year is 2024. This expansive tract offers substantial development potential and is priced competitively at $395,000. Serious inquiries are encouraged.
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.