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Property profile & analytics
OFF-MARKET
Commercial real estate

5759 Highway 119 Salem, MO 65560

41 ac lot
Property ID
US48-1542369
Property summary
AI-generated overview

Discover Gray's Mill Estate, a remarkable 41-acre hunting and recreational property nestled near Salem, Missouri. This idyllic estate boasts a main house with two bedrooms and two bathrooms, including a spacious primary suite offering breathtaking views. A charming rustic cabin, featuring one bedroom and one bathroom, sits adjacent, overlooking one of seven picturesque ponds – some stocked for fishing. A tranquil concrete and rock river meanders through the property, feeding into two of these ponds, creating a serene atmosphere. Adding to the property's unique charm is a quaint water mill and a pavilion complete with a rock fireplace, ideal for gatherings. Well-maintained trails, enhanced by custom rock features, wind through the woods and around the ponds. The property also includes three commercial wells and a detached garage, presenting versatile potential for various uses, such as weddings or corporate retreats. Located just 2.5 miles from Montauk State Park, this exceptional estate offers easy access to hiking trails, fishing opportunities, and stunning natural scenery. The property is located at 5759 Highway 119, Salem, MO 65560. Asking price is $699,900.

Property profile
Verified
Property type Commercial real estate
Lot 41 ac (1,785,960 SF)
UPID US48-1542369
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
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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