M State Hwy Mercer, MO 64661
This exceptional 51.5-acre property in Mercer County, Missouri, presents a compelling investment opportunity. Located on the south side of State Highway M, just three miles east of Mercer, this tract offers convenient access while maintaining a rural setting. Ideal for agricultural use, the land boasts 44.68 FSA tillable acres with a 65.6 NCCPI rating, primarily composed of Armstrong and Gara loam soils. The gentle rolling terrain ensures efficient water drainage. Existing well-maintained exterior fences enhance its versatility, suitable for row crop cultivation and subsequent grazing. The property is currently available for the 2025 growing season, following the termination of the existing lease. Note that subsurface mineral rights are retained by the seller. The property's APN is 7060230000003 and is zoned for agricultural use. Situated in the west half of Section Twenty-three (23), Somerset Township, this land is perfect for expansion of existing farming operations, recreational pursuits, or as a strategic land investment. While the listed acreage is 51.5 acres, final acreage may be subject to adjustment following a completed survey, should the property be subdivided. The asking price for this prime agricultural land is $257,000.
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.