0 160 St Sheridan, MO 64486
This exceptional 600-acre property in Nodaway County, Missouri, presents a unique investment opportunity. Located conveniently near Sheridan and Maryville, this expansive tract boasts 503 acres of prime row crop farmland, ideal for cultivation. The remaining acreage comprises timber and ditches, creating a haven for deer and turkey hunting. Currently cash-rented, the property generates a substantial annual income of $118,853.75, projected for 2024, encompassing both cash rent ($113,235.75) and hunting lease income ($5,618.00). Detailed FSA information is available for review. The land is unimproved, offering flexibility for future development. Taxes for 2023 on the 600.3 taxable acres totaled $2,004.71. Access is straightforward: Head west from Sheridan on Hwy 246 for 1 mile, turn left onto Orion Road for 1 mile, then right onto 150th Street for 1 mile. Finally, turn left onto Olympic Road for 1/3 of a mile; the property is situated on both the east and west sides of the road. This is a rare chance to acquire a large, contiguous tract of high-quality farmland with significant income potential and excellent hunting opportunities. The asking price is $4,559,400, translating to $6,599.69 per acre.
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
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.