0000 Hh Hwy Montrose, MO 64770
This exceptional 302-acre property, situated just north of Montrose, Missouri, presents a unique investment opportunity. The land boasts approximately 160 tillable acres currently used for hay production, offering potential for conversion to row crops. The remaining acreage comprises fenced and cross-fenced pastures ideal for grazing livestock. Convenient access is ensured by blacktop HH Highway and 1151 road frontage. Multiple water sources are present on the property. The farm's strategic location offers significant advantages. Its expansive, terraced tillable fields provide easy access for large equipment. The property's size and open layout are key features. For recreational pursuits, several ponds provide fishing opportunities, and the farm's adjacency to the Montrose Conservation Area enhances its appeal for waterfowl hunting. The Conservation Area is known for its robust waterfowl populations during fall and winter. This property combines agricultural potential with recreational amenities, making it an attractive investment for farmers, investors, and outdoor enthusiasts alike. The property's zip code is 64770, located in Henry County. The property is classified as Land, Special Purpose, with subtypes of Farm and Agricultural. The asking price is $1,965,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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