0 Hickory St Rich Hill, MO 64779
This exceptional 1-acre property in Rich Hill, Missouri, presents a compelling investment opportunity. Located on Hickory Street in Bates County (zip code 64779), this land offers a unique blend of commercial and residential potential. The entire city block, totaling 1.2 acres, provides ample space for development. Currently configured with six pad sites suitable for mobile homes, complete with water, sewer, and electrical hookups, this property is ideally suited for generating rental income. Alternatively, the expansive lot allows for the construction of a single-family residence, offering a tranquil country atmosphere while maintaining proximity to local amenities. The property's strategic location offers easy access to Highway 71, a nearby city park, local restaurants, and the Vernon and Bates County rodeos. For outdoor enthusiasts, excellent bird hunting opportunities are also within reach. Fiber internet access is anticipated soon, enhancing the property's appeal. Note that an adjoining property is available for purchase separately, providing an opportunity to expand the investment. This versatile property is perfect for investors seeking a blend of rental income potential and residential development possibilities in a peaceful, yet conveniently located setting.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.