0 P Hwy Bethany, MO 64424
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.
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
Similar Nearby for Sale
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.