P Hwy Bethany, MO 64424
- Land
- 98.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 P Hwy
- Lot size
- 98.00 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 98-acre property in Harrison County, Missouri, presents a unique investment opportunity. Located on a blacktop road near Bethany, MO, 64424, this land boasts a desirable location with stunning views. The property's versatility is highlighted by its current use, combining agricultural income with recreational potential. A significant portion (54.36 acres) is currently enrolled in the Conservation Reserve Program (CRP), generating income until September 30, 2024, at a rate of $165.88 per acre. A new 10-year CRP contract is projected at $178.19 per acre for 54.07 acres. An additional 17 acres are currently leased for row crop farming, generating $305 per acre in cash rent. A smaller 9.88-acre filter strip adds further income at $134 per acre. The property also includes a current hunting lease generating $2,000 annually, which is cancellable. Infrastructure is partially in place, with rural water already connected and a meter pole ready for electrical service. This property is ideal for building a home or hunting cabin, offering a blend of income generation and recreational enjoyment. The combination of established income streams, prime location, and development potential makes this a truly exceptional opportunity.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bethany
- County
- Harrison
- State
- Missouri
- Longitude
- -94.0287
- Latitude
- 40.2798
