0 Fricke Rd Bates City, MO 64075
This exceptional 60-acre agricultural property presents a unique investment opportunity in Jackson County, Missouri. Located just south of the thriving town of Oak Grove, this expansive farmland boasts significant potential for various uses. Currently utilized as productive agricultural fields, the land has undergone extensive soil testing and advanced treatments to optimize crop yields, ensuring maximum farming potential for the new owner. The property's strategic location offers convenient access to both the Kansas City metro area (approximately 30 minutes east of downtown Kansas City and Overland Park) and Warrensburg (approximately 30 minutes west), making it highly attractive for a range of buyers. While currently part of a larger tract, this specific 60-acre parcel is distinct, with a new survey and legal description forthcoming. Note that this offering excludes the front west 20 acres of the original 40-acre tract. The property's versatility allows for continued agricultural use, the construction of a custom home, or subdivision into smaller lots for development. Priced at $1,500,000, this property represents a compelling investment in a rapidly growing area. The zip code is 64075, with the address listed as Fricke Road, Bates City, MO.
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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