Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    290Th Ave Ridgeway, MO 64481

    For Sale
    $1,014,000

    Prime hunting & income potential. Lake views!

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    Exceptional investment opportunity awaits with this 156-acre Missouri farm located east of Ridgeway, in Harrison County, zip code 64481. This property boasts a diverse landscape, offering a unique blend of recreational and agricultural potential. Approximately 3.75 acres overlook Rock House Lake, providing an idyllic setting for a future homesite or recreational activities. The property's strategic layout, featuring a significant block of trees in the northeast corner funneling down to the lake, creates ideal hunting conditions for whitetail deer and turkeys, with timbered draws and natural pinch points enhancing the hunting experience. Adding to its appeal, 16.6 acres are currently used for row crop farming, with the option for a $200/acre cash leaseback from the current owner. Furthermore, 82.78 acres are enrolled in the Conservation Reserve Program (CRP), generating an annual income of $12,643. The total annual income from the farm is $15,963. Hunting rights for 2025 are available starting June 1st, presenting an additional income stream through a potential hunting lease. The property offers road frontage on approximately 2.5 sides, ensuring convenient access. This remarkable property is listed at $1,014,000.

    Property Features for 0 290Th Ave

    General Information

    Property type
    Farms
    Lot Size
    6,795,360 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Ridgeway
    County
    Harrison
    State
    Missouri
    Longitude
    -93.88022
    Latitude
    40.409388

    Nearby Comparable

    • $920,400
      156.00 Acres

      156 Acres Combination Farm

      Combination farm with lake access, hunting potential, and income.
      E 290Th Ave, Ridgeway, MO 64481
      View Details
    • $390,000
      65.00 Acres

      65 Acres Recreational Retreat Land

      65 acres of recreational land with income potential near Ridgeway.
      E 270Th Ave, Ridgeway, MO 64481
      View Details
    • $225,000
      40.00 Acres

      Land Near Iowa Border

      40 acre land parcel with hay ground and timber.
      O Hwy, Blythedale, MO 64426
      View Details
    • $693,000
      99.00 Acres

      Prime Missouri Farmland Investment

      99 Acres, High Tillable Potential
      B State Hwy, Blythedale, MO 64426
      View Details
    • $480,000
      80.00 Acres

      80-Acre Recreational Retreat For Sale

      80 acres of land perfect for hunting and recreation.
      E 280Th St, Ridgeway, MO 64481
      View Details

    FAQs

    What type of property is this?
    Farm - Prime hunting & income potential. Lake views!
    Where is this farm located?
    The property is located at 290Th Ave Ridgeway, MO.
    What is the asking price?
    The asking price for this property is $1,014,000.
    Request Owner's contact information
    290Th Ave Ridgeway, MO 64481
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    290Th Ave
    Ridgeway, MO 64481
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    290Th Ave Ridgeway, MO 64481
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.