0 Steele St Lucerne, MO 64655
This exceptional 16.2-acre parcel of land presents a unique investment opportunity in Lucerne, Missouri. Located conveniently off Steele Street in Putnam County, this property is primarily comprised of open hay ground, consistently used for hay production for several years. The land's agricultural history ensures a proven track record of productivity. The asking price for this expansive tract is $65,000. The property's location in northern Missouri offers easy access to local amenities and transportation routes. With its established use and readily available infrastructure, this property is ideal for continued agricultural use or potential redevelopment. Annual property taxes are $27.97. The legal description and survey are available upon request. This is a rare opportunity to acquire a sizable, productive land parcel in a desirable location. Don't miss out on this chance to own a piece of Putnam County's agricultural landscape. The property's address is 0 Steele St, Lucerne, MO 64655. Contact us today to schedule a viewing and explore the possibilities.
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
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.