23889 State Hwy Fair Play, MO 65649
This exceptional 745-acre property in Cedar County, Missouri (APN 08073500000000100), presents a remarkable investment opportunity. Located at 23889 State Hwy 32, Fair Play, MO 65649, this sprawling ranch seamlessly blends high-quality cattle ranching with a captivating wildlife sanctuary. The land features 12 rotational paddocks for efficient cattle grazing, a pipe corral, and a centrally located pipe catch pen for easy handling. Approximately 25% of the acreage is designated as hay-able land, including the highly productive Bear Creek bottom, ensuring a consistent forage supply. Multiple water wells and Bear Creek provide ample water sources. The gently rolling Ozark hills comprise 70% open land ideal for grazing and hay production, while the remaining hardwood areas offer shade and shelter, enhancing the natural beauty and creating a haven for white-tail deer and wild turkey. This property offers a unique blend of agricultural productivity and natural splendor, making it ideal for cattle ranching, hunting, or simply enjoying a private, secluded retreat. The asking price is $3,352,905.
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
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Property description
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.