000 1St St Drexel, MO 64742
This exceptional 59.9-acre property presents a unique investment opportunity in Drexel, Missouri. Located in Bates County, this expansive farmland boasts significant potential for various uses. Its prime location offers easy access to Drexel, while its natural features enhance its appeal. The property includes a remarkable lake site, ideal for recreational activities or potential development. The abundant acreage provides ample space for agricultural pursuits, or for those seeking a tranquil retreat. The land's natural beauty makes it an excellent location for hunting enthusiasts. The asking price for this remarkable property is $360,000. This is a rare opportunity to acquire a substantial parcel of land with diverse potential in a desirable Missouri location. The property's size and features make it suitable for a range of projects, from large-scale agricultural operations to smaller-scale developments. Its proximity to Drexel offers convenient access to local amenities and services. Serious inquiries are encouraged to explore the possibilities of this exceptional property. The property is situated at 000 S 1st Street, Drexel, MO 64742. The property's address is verified, and its coordinates are 38.4765637 latitude and -94.6104584 longitude. The property is classified as farmland and agricultural land.
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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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.