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    OFF-MARKET
    Land

    321 Off County Rd 123, Annapolis, MO 63620

    29 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 29-acre property in Iron County, Missouri, presents a unique opportunity for investors and those seeking a tranquil rural lifestyle. Located at 321 Off County Rd. 123, Annapolis, MO 63620, this farm and ranch land boasts mostly pasture suitable for livestock. The seller describes the pasture as high-quality. The property includes a three-bedroom, two-bathroom single-wide mobile home, currently generating rental income of $500 per month. Built in 2003, this mobile home provides immediate cash flow potential. The property's idyllic setting offers a peaceful escape, yet remains conveniently close to several popular attractions, including the Black River, Johnson's Shut-Ins State Park, and Elephant Rocks State Park. This location provides a blend of seclusion and accessibility. The asking price for this remarkable property is $399,999. This land offers significant potential for building a new home, establishing a small farm operation, or simply enjoying the peace and quiet of rural Missouri. The property's combination of income-generating potential and recreational proximity makes it a truly compelling investment. The latitude and longitude coordinates are 37.4656097, -90.6823146.

    Property profile
    Verified
    Property type Land
    Lot 29 ac (1,263,240 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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