Property profile

0 T Hwy Milan, MO 63556

OFF-MARKET
Land
120 ac lot
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Property summary

AI-generated overview

This exceptional 120-acre property in Sullivan County, Missouri, presents a unique investment opportunity for discerning buyers. The farm boasts a compelling blend of income generation and recreational potential. Currently, over 80 acres are leased for agricultural purposes, generating $150 per acre annually. The remaining 40 acres comprise diverse habitat, including timber, brushy draws, and waterways, creating an ideal environment for abundant wildlife. This area provides excellent cover and attracts a significant deer population, with multiple mature bucks observed. The property's strategic location near a large pond further enhances its appeal to wildlife, offering potential waterfowl hunting opportunities. An old, abandoned homestead, overgrown with vegetation, serves as a prime bedding area for deer. Two existing hunting blinds are included in the sale. This property is situated on T Highway in Milan, MO, zip code 63556, and offers a rare combination of agricultural income and exceptional hunting opportunities in North Central Missouri. The asking price is $675,000.

Property profile

Verified
Property type Land
Lot 120 ac (5,227,200 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

T Hwy Milan, MO 63556
Milan metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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