160 St Sheridan, MO 64486
- Land
- 600.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 160 St
- Lot size
- 600.00 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sheridan
- County
- Nodaway
- State
- Missouri
- Longitude
- -94.6807
- Latitude
- 40.4887