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    Mo 116 Hwy Lathrop, MO 64477

    Sponsored
    For Sale
    $450,000

    Prime Missouri farmland, stunning views, buildable.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 29.8-acre property presents a unique opportunity for those seeking a tranquil rural retreat or a productive agricultural venture. Located on MO 116 Highway in Clinton County, near Plattsburg, Missouri, this land boasts breathtaking views enhanced by the adjacent land's preservation by the Missouri Conservation Commission, ensuring lasting scenic beauty. The property offers a blend of usability, with approximately 14 acres suitable for cultivation, making it ideal for farming or establishing a homestead. The remaining acreage provides ample space for building a dream home, creating hunting grounds, or establishing pastureland. The elevated position offers panoramic vistas. The convenience of Plattsburg schools and the accessibility of nearby city amenities provide a perfect balance of rural living with modern conveniences. This property is priced at $450,000 and is zoned for agricultural use. The zip code is 64477. The property's latitude and longitude coordinates are 39.5646455, -94.3921767 respectively. This is a rare opportunity to own a piece of Missouri's picturesque countryside.

    Property Features for 0 Mo 116 Hwy

    General Information

    Property type
    Farms
    Lot Size
    1,298,088 SF

    HighLights

    • $450,000 asking price.
    • 29.8‑acre land parcel.
    • Located in Plattsburg, MO, on MO 116 Highway (zip code 64477).
    • Farm/agricultural land suitable for a homesite, hunting, pasture, and crop production; approximately 14 tillable acres.
    • Stunning views, protected by adjacent conservation land.
    • Convenient access to Plattsburg schools and nearby city amenities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lathrop
    County
    Clinton
    State
    Missouri
    Longitude
    -94.3921767
    Latitude
    39.5646455

    Nearby Comparable

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Farm - Prime Missouri farmland, stunning views, buildable.
    Where is this farm located?
    The property is located at Mo 116 Hwy Lathrop, MO.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: $450,000 asking price.; 29.8-acre land parcel.; Located in Plattsburg, MO, on MO 116 Highway (zip code 64477).
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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

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    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
    Mo 116 Hwy Lathrop, MO 64477
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