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    Highway 5 Sorrell, MO 63556

    Pending
    For Sale
    $531,000

    Less than 1 Acre - Milan, MO

    Lot size:
    118.00 Acres
    Days on Market:
    350
    Last Refresh:
    Dec 14 at 6:06 pm

    Property Features for Highway 5

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    Exterior features
    Barn, Fence
    Fencing
    Fenced
    Lot size
    118.00 Acres

    Building Details

    Architectural style
    Other
    Additional Structures
    Barn(s)

    Premier Farm Realty Group LLC (636) 387-8317 [email protected]

    Listing agent James Knight (636) 387-8317

    Listing date Dec 30, 2024

    MLS# 38073 Listing URL

    Copyright © 2025 Northeast Central Board of Realtors - MO. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    118 Acres Agricultural Land, Milan

    This property features 118 acres of agricultural land located in Milan, Missouri. The property is designated for agricultural use.
    Location Intelligence

    Current Use by Public Records

    Agricultural land

    Map

    City
    Sorrell
    County
    Sullivan
    State
    Missouri
    Longitude
    -93.11768
    Latitude
    40.290178

    FAQs

    What type of property is this?
    Agricultural land - 118 acre agricultural land available in Milan, Missouri.
    Where is this agricultural land located?
    The property is located at Highway 5 Sorrell, MO.
    What is the asking price?
    The asking price for this property is $531,000.
    What are key features of this property?
    This property features: - 118 acres of agricultural land.; - Located in Milan, Missouri.; - Includes a barn.
    (636) 387-8317
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    Highway 5 Sorrell, MO 63556
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    Sorrell, MO 63556
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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
    Highway 5 Sorrell, MO 63556
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