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    Butler Pond Rd Bourbon, MO 65441

    For Sale
    $302,400

    I-44 Frontage, Income-Producing Billboard

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 56-acre property in Crawford County, Missouri, presents a unique investment opportunity. Located on Butler Pond Road near Bourbon (zip code 65441), this land boasts significant I-44 frontage, ideal for establishing a new business venture or benefiting from convenient highway access. The property's existing billboard generates rental income, adding to its financial appeal. Beyond commercial potential, this land is a haven for outdoor enthusiasts. Abundant wildlife, including deer, turkey, squirrels, rabbits, and quail, thrives in the younger timber, creating a natural sanctuary. The property's location offers the best of both worlds: a tranquil rural setting yet within an hour's drive of St. Louis. The coordinates are 38.1791074 latitude and -91.2032206 longitude. This versatile property combines commercial viability with recreational enjoyment, making it a truly exceptional investment. The asking price is $302,400.

    Property Features for 0 Butler Pond Rd

    General Information

    Property type
    Land
    Lot Size
    2,439,360 SF

    HighLights

    • 56‑acre commercial land in Crawford County, MO, near Bourbon (zip code 65441).
    • Significant I‑44 frontage ideal for business development.
    • Existing billboard generates rental income.
    • Abundant wildlife and recreational opportunities.
    • One‑hour drive to St. Louis.
    • Asking price: $302,400.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bourbon
    County
    Crawford
    State
    Missouri
    Longitude
    -91.2032206
    Latitude
    38.1791074

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    FAQs

    What type of property is this?
    Land - I-44 Frontage, Income-Producing Billboard
    Where is this land located?
    The property is located at Butler Pond Rd Bourbon, MO.
    What is the asking price?
    The asking price for this property is $302,400.
    What are key features of this property?
    This property features: 56-acre commercial land in Crawford County, MO, near Bourbon (zip code 65441).; Significant I-44 frontage ideal for business development.; Existing billboard generates rental income.
    Request Owner's contact information
    Butler Pond Rd Bourbon, MO 65441
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    Bourbon, MO 65441
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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
    Butler Pond Rd Bourbon, MO 65441
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