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    001 Hwy, Unit 162 Portageville, MO 63873

    For Sale
    $1,500,000

    Vacant Land - Portageville, MO

    Lot size:
    196.00 Acres
    Days on Market:
    28
    Last Refresh:
    Dec 8 at 7:06 am

    Property Features for 001 Hwy

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    29-2.1-10-000-000-005.00, 29-2.1-10-000
    Parking features
    Garage
    Lot size
    196.00 Acres

    Building Details

    Architectural style
    Other

    National Land Realty, Eastern MO (855) 384-5263

    Listing agent Curt Spaulding (855) 384-5263

    Listing date Nov 11, 2025

    MLS# 11589480 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    196 Acres of Tillable Land

    This property consists of approximately 196 acres of Mississippi River bottom ground, featuring around 160 tillable acres and 36 acres of timber. The land is composed of Caruthersville very fine sandy loam and Commerce silt loam. The tillable portion of the property offers income potential and hunting opportunities. Situated off Highway 162, the property allows for convenient access. Its location a few miles south of CGB Portageville facilitates quick trips from the field to the elevator. Located north of the John L. and Georgia Girvin conservation area and between timber tracts, the property is conducive to hunting. Signs of deer and turkey were observed on the property. Positioned along the Mississippi flyway and west of Reelfoot Lake, there is potential for waterfowl hunting in addition to deer and turkey hunting. This property is suitable for expanding a farm operation or investment portfolio.
    Location Intelligence

    Current Use by Public Records

    Agricultural land

    Map

    City
    Portageville
    County
    New Madrid
    State
    Missouri
    Longitude
    -89.528753
    Latitude
    36.386279

    Nearby Similar for Sale

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      2,379 SF

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      Versatile commercial building suitable for various business types.
      205 E 4Th St, Portageville, MO 63873
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    FAQs

    What type of property is this?
    Agricultural land - Productive farmland with hunting potential near Mississippi River.
    Where is this agricultural land located?
    The property is located at 001 Hwy, Unit 162 Portageville, MO.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - Approximately 160 tillable acres PROVIDING SUBSTANTIAL INCOME.; - Located right off Highway 162 for easy access.; - Good hunting potential with abundant deer and turkey sign.
    (855) 384-5263
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    001 Hwy, Unit 162 Portageville, MO 63873
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