M State Hwy Mercer, MO 64661
- Land
- 51.50 lot acres
Current Use by Public Records
- Land
Property Details for M State Hwy
- Lot size
- 51.50 lot acres
- Property type
- Land
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mercer
- County
- Mercer
- State
- Missouri
- Longitude
- -93.4506
- Latitude
- 40.5269