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    Watson Rd Miller City, IL 62962

    Sponsored
    For Sale
    $459,910

    278 Acres, Excellent Whitetail Hunting

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 278.1-acre property in Alexander County, Illinois, presents a unique investment opportunity. Situated in the desirable Dogtooth Bend area, this expansive tract boasts prime agricultural land ideal for farming and offers unparalleled whitetail deer hunting. The land's strategic location places it conveniently close to the Horseshoe Lake Refuge, enhancing its recreational value and potential for wildlife viewing. Priced at $459,910, or $1,653.76 per acre, this represents a compelling value for the acreage and its exceptional hunting potential, a rarity in the Illinois market. The property is conveniently accessible via Watson Rd, in Miller City, IL, zip code 62962 (37.0719352, -89.3422419). The land's classification includes agricultural, farm, and hunting/recreational uses, making it suitable for a variety of purposes. This is a rare opportunity to acquire a substantial land holding in a highly sought-after location, combining agricultural potential with exceptional recreational opportunities. Don't miss this chance to own a piece of Illinois's rich hunting and farming heritage. The property is ready for immediate use and offers significant long-term investment potential.

    Property Features for 0 Watson Rd

    General Information

    Property type
    Farms
    Lot Size
    12,114,036 SF

    HighLights

    • 278.1‑acre property in Alexander County, IL, in the Dogtooth Bend area.
    • Prime agricultural land ideal for farming and hunting.
    • Conveniently located near Horseshoe Lake Refuge.
    • Priced at $459,910 ($1,653.76/acre).
    • Accessible via Watson Rd, Miller City, IL, 62962.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Miller City
    County
    Alexander
    State
    Illinois
    Longitude
    -89.3422419
    Latitude
    37.0719352

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    FAQs

    What type of property is this?
    Farm - 278 Acres, Excellent Whitetail Hunting
    Where is this farm located?
    The property is located at Watson Rd Miller City, IL.
    What is the asking price?
    The asking price for this property is $459,910.
    What are key features of this property?
    This property features: 278.1-acre property in Alexander County, IL, in the Dogtooth Bend area.; Prime agricultural land ideal for farming and hunting.; Conveniently located near Horseshoe Lake Refuge.
    Request Owner's contact information
    Watson Rd Miller City, IL 62962
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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
    Watson Rd Miller City, IL 62962
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