0 /A Rosendale, MO 64483
This exceptional 28.95-acre property in Andrew County, Missouri, presents a unique opportunity for agricultural pursuits or residential development. Located just one mile north of Highway 48, this land boasts convenient access, situated approximately 20 minutes from both St. Joseph and Maryville. The property is within the North Andrew School District. The land's versatile nature is highlighted by its current use: 18 acres are actively farmed, with 2 acres in set-aside, and the remaining acreage comprised of dense timber. The terrain features terraced and tiled land, ready for continued agricultural use. The gently sloping topography offers several excellent building sites for a new home, making it perfect for those seeking a blend of rural living and agricultural potential. Wildlife is abundant, with whitetail deer and turkey frequently sighted. The seller is open to leasing back the tillable acreage, allowing for continued income generation, or the new owner can begin farming in the 2025 season. Discussions regarding the current abandoned soybean crop are possible for those interested in immediate building. This property is priced at $195,750 and offers a compelling investment opportunity in a desirable Missouri location. The zip code is 64483, and the property is located in Rosendale.
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
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No recorded transactions found for this property.
Costs & Benchmarks
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Risks
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