0 Hh Hwy Montrose, MO 64770
This expansive 422.2-acre property near Montrose, Missouri presents a unique investment opportunity. Approximately 250 acres are currently used for hay production, strategically terraced for efficient farming with large equipment. The remaining acreage consists of fenced and cross-fenced pastures ideal for livestock grazing, enhanced by convenient access from blacktop HH Highway and 1151 Road. Infrastructure includes a substantial 4/10th mile long strip pit and six ponds, providing excellent fishing and potential for waterfowl hunting. The property's adjacency to the Montrose Conservation Area, known for its abundant waterfowl, further enhances its recreational value. The tillable land offers potential for conversion to row crop production, expanding the farm's capabilities. This versatile property combines agricultural potential with significant recreational opportunities, making it an attractive investment for farmers, ranchers, and outdoor enthusiasts alike. The asking price is $2,775,000.
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.