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250-Acre Farm with Converted Apartments
For Sale
$2,450,000

18007 Norton Drive Phillipsburg, Phillipsburg, MO 65722

Expanded farm compound with cross-fenced acreage, multiple outbuildings, and two converted barn apartments for flexible income uses.

Property SizeContact for details
Days on Market49

Property Features for 18007 Norton Drive Phillipsburg

General Information

Standard status Active
Property subtype Land

Taxes and HOA fees

Annual Taxes $2,097

Amenities

Barbed Wire
Acreage,Mature Trees,Horses Allowed,Few Trees,Pond(s),Pasture,Wooded/Cleared Combo,Mature Landscaping
250
Blacktop,Gravel
County Road,Interstate
County
Listing Agency: RE/MAX SHOWTIME
Listed By: Jon Holloway
Source: Jonholloway.showtimeproperties
Added: Jul 3 Changed: Aug 8 Last Checked: Aug 20 at 4:08AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX SHOWTIME

Investment Insights

Based on property information with market context.

This 250-acre farm property offers a complete operating compound built around cross-fenced pastures, live water, and woodland. The main residence is nearly 2,400 square feet, built in 1994, with 3 bedrooms, 3 baths, two living areas, a formal dining room, and a large kitchen/dining room. Improvements include a huge deck off the back, a 3-car side-entry garage, and a separate storage/playhouse. Additional facilities include two large garages/workshops, a separate 2-car/RV garage, extra storage buildings, and a barn converted into two separate apartments, one upstairs and one downstairs.

The property is located just off I-44 near Exit 123, just north of Phillipsburg, with frontage along I-44. The house and multiple outbuildings sit on the west side of Norton Road, overlooking a large pond to the west and forest to the north. The acreage stretches west from the house to railroad tracks.

The cross-fenced layout and mix of pasture, live water, and trees make this well-suited for agricultural operations while also supporting additional occupancy through the converted barn apartments. With four parcels totaling the full acreage and the seller not willing to divide at this time, the property is positioned for buyers looking for one combined farm and compound.

Key Highlights

  • 250‑acre farm property with frontage along I‑44 and just north of Exit 123
  • House nearly 2,400 SF with 3 bedrooms, 3 baths, 2 living areas, formal dining, and a large kitchen/dining area
  • Built in 1994 with a huge back deck, 3‑car side‑entry garage, and separate storage/playhouse

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Auto Parts Store Bar & Pub

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

7
Businesses Nearby

Demographics for 65722, MO

1,833
Population
491
Households
3.7
Avg Household Size
44
Median Age
15%
College-Educated
73%
High-School Grad
49.5 sq mi
ZIP Area
37
Density / Sq Mi
$50,691
Median Household Income
$33,190
Median Earnings
$684
Median Rent
$158,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Farm - Expanded farm compound with cross-fenced acreage, multiple outbuildings, and two converted barn apartments for flexible income uses.
Where is this farm located?
The property is located at 18007 Norton Drive Phillipsburg Phillipsburg, MO.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: 250‑acre farm property with frontage along I‑44 and just north of Exit 123; House nearly 2,400 SF with 3 bedrooms, 3 baths, 2 living areas, formal dining, and a large kitchen/dining area; Built in 1994 with a huge back deck, 3‑car side‑entry garage, and separate storage/playhouse
More about this property
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