Craig MO 64437 Adobe Rd Mound City, MO 64470
This exceptional 210-acre property in Holt County, Missouri, presents a unique investment opportunity. Located approximately two miles north of Craig, MO, on Adobe Road near I-29, this land boasts a blend of timbered bluffs and open pasture ideal for both agricultural and recreational pursuits. Currently generating $9,000 annual income from a grazing lease, renewable each spring, the property also offers significant potential for hunting lease revenue. The land is known for its world-class upland game hunting. The seller is open to dividing the property into a 100-acre northern section and a 110-acre southern section, with simultaneous closings for both buyers. The asking price is $840,000, or $4,000 per taxable acre, with potential for separate purchase of the northern ($400,000) or southern ($440,000) sections. The seller is interested in a 1031 exchange. There are no improvements on the property. Detailed FSA information is available. Access is from two sides of the road. This property is a rare combination of agricultural productivity and exceptional recreational value, making it an attractive investment for discerning buyers.
Cap rate
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