Business

Small Bath Springs lot listed for $40,000 signals local land demand

A 0.32-acre lot on Martin Landing Road was listed Jan. 13 at $40,000; this matters for buyers tracking affordable land and shifts in Decatur County inventory.

Sarah Chen2 min read
Published
Listen to this article0:00 min
Share this article:
Small Bath Springs lot listed for $40,000 signals local land demand
AI-generated illustration

A parcel at 0 Martin Landing Road in Bath Springs was listed for sale on Jan. 13 at $40,000, a new active entry in the county’s MLS that puts a modest, buildable-size lot back on the local market. The listing, logged in REALTRACS as #3080398 and carried on the Compass/MLS feed, describes the 0.32-acre parcel as level with a road surface type recorded as "Other" and notes prior activity on the same parcel before the most recent listing event.

At $40,000 for 0.32 acres, the asking price translates to about $125,000 per acre, or roughly $2.87 per square foot (the lot measures approximately 13,939 square feet). Those simple calculations give prospective buyers and local appraisers a quick benchmark as they watch land values in Decatur County. The listing is managed by Sell Your Home Services; broker contact details are available on the MLS page for anyone seeking showings or further property data.

For residents, the practical implications are twofold. First, the reappearance of a small, priced lot increases the immediate inventory of affordable land options for owner-builders, retirees seeking low-maintenance parcels, or buyers looking for investment lots. In a small-market county like Decatur, each vacant parcel offered for sale can alter negotiating leverage and open opportunities for buyers who have been priced out of larger tracts. Second, the presence of prior MLS activity for the parcel suggests a recurring cycle of listings and relistings for small lots in the area, which may reflect either seasonal seller behavior or slower absorption rates for marginal parcels.

From a market standpoint, a modest asking price on a level 0.32-acre lot can serve as a reference point for similar nearby parcels, particularly when MLS inventory is thin. For lenders and appraisers, the $125,000-per-acre figure will likely be weighed against recent closed sales and any site-specific constraints reflected by the "Other" road surface designation. For municipal planners and the tax assessor, a sale at or near the asking price would modestly expand the local tax base, though any change would become material only once title transfers and assessments are updated.

The takeaway? If you’ve been looking for an entry-level slice of land in Bath Springs, this listing is worth a look and a quick math check. Our two cents? Visit the MLS listing through Sell Your Home Services, confirm utilities and access tied to that "Other" road surface type, and compare this parcel’s price-per-acre to recent closed sales before making an offer. That practical homework will help you see if you’re landing a deal or stepping into extra costs down the road.

Know something we missed? Have a correction or additional information?

Submit a Tip
Your Topic
Today's stories
Updated daily by AI

Name any topic. Get daily articles.

You pick the subject, AI does the rest.

Start Now - Free

Ready in 2 minutes

Discussion

More in Business