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    0000 Nickel Ave Gallatin, MO 64640

    Sponsored
    For Sale
    $480,000

    Prime Missouri farmland near Lake Viking

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 60-acre farm in Daviess County, Missouri, presents a compelling investment opportunity. Approximately 56 acres are currently in row crop production, rotating between soybeans and corn, under a cash rent lease agreement of $235 per acre extending through 2027. The land features Class II and III soil, primarily Nodaway silt loam, Greenton silty clay loam, and Gifford silt loam, with a weighted average of 2.75. Existing terraces enhance the land's productivity. Located less than a mile from paved roads and just over a mile from Lake Viking, this property offers both agricultural potential and recreational possibilities. The area boasts abundant wildlife and provides a secluded setting. The property's proximity to Lake Viking, a growing recreational destination, adds to its appeal. This attractive property is situated in a strong agricultural region of Daviess County, making it an ideal investment for farmers, investors, or those seeking a valuable rural property with diverse potential uses. The asking price is $480,000. The property's zip code is 64640, and its address is 0000 Nickel Avenue, Gallatin, MO.

    Property Features for 0000 Nickel Ave

    General Information

    Property type
    Farms
    Lot Size
    2,613,600 SF

    HighLights

    • 60‑acre farm in Daviess County, MO, priced at $480,000.
    • 56 acres in row crop production (soybeans & corn) under cash rent lease ($235/acre) through 2027.
    • Class II & III soils (Nodaway, Greenton, Gifford) with a 2.75 weighted average; existing terraces.
    • Less than one mile from paved roads, just over one mile from Lake Viking.
    • Located in 64640, address: 0000 Nickel Avenue, Gallatin, MO.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Hair Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gallatin
    County
    Daviess
    State
    Missouri
    Longitude
    -94.0392638
    Latitude
    39.9450182

    Nearby Comparable

    • $445,000
      60.00 Acres

      Productive Farmland in Daviess County

      60 acres of farmland near Lake Viking, cash rent lease.
      0000 Nickel Ave, Gallatin, MO 64640
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      0.56 Acres

      Lake Viking Lot: Prime Waterfront Land

      Recreational lot, half-acre, lake access.
      3038 Lake Viking Ter, Gallatin, MO 64640
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      0.37 Acres

      Level Vacant Lot Near Amenities

      Vacant lot near clubhouse, pool, beach, and marina.
      2023 Admiral Dr, Gallatin, MO 64640
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      0.37 Acres

      Lake Viking Residential Lot

      Prime Lakefront Lot, 0.37 Acres
      2023 Admiral Dr, Gallatin, MO 64640
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      0.37 Acres

      Lake Viking Lot with Storage

      Spacious lot with storage building near Lake Viking amenities.
      2235 Lake Viking Ter, Gallatin, MO 64640
      View Details

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    FAQs

    What type of property is this?
    Farm - Prime Missouri farmland near Lake Viking
    Where is this farm located?
    The property is located at 0000 Nickel Ave Gallatin, MO.
    What is the asking price?
    The asking price for this property is $480,000.
    What are key features of this property?
    This property features: 60-acre farm in Daviess County, MO, priced at $480,000.; 56 acres in row crop production (soybeans & corn) under cash rent lease ($235/acre) through 2027.; Class II & III soils (Nodaway, Greenton, Gifford) with a 2.75 weighted average; existing terraces.
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    Gallatin, MO 64640
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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
    0000 Nickel Ave Gallatin, MO 64640
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