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    Specialty properties

    160 Th Rd, Sheridan, MO 64456

    89 ac lot
    Property ID
    Property summary
    AI-generated overview

    This 89-acre Missouri property, located near Grant City in Worth County (zip code 64456), presents a unique investment opportunity combining agricultural income with exceptional hunting potential. The land is situated less than five miles south of the Iowa border, a highly desirable location for hunters. Approximately 77% of the property is currently in production, with FSA maps showing 42.59 acres of row crops (corn and soybean rotation) and 26.06 acres enrolled in the CRP (Conservation Reserve Program) through September 30, 2026, generating an annual payment of $3,869. The row crop land offers flexibility; it's currently open for tenancy for the 2025 growing season, allowing for cash rent, owner operation, or bringing in your own tenant. A hunting lease is in place through summer 2025, yielding $10 per acre. The property boasts a heavily wooded draw, interspersed with timber, brush, and CRP cover, creating an ideal habitat for whitetail deer, turkeys, and upland birds. A small pond further enhances the wildlife appeal. The asking price for this exceptional property is $533,555. This combination of agricultural income and prime hunting opportunities makes this a rare and attractive investment. The property's address is 160th Road.

    Property profile
    Verified
    Property type Specialty properties
    Lot 89 ac (3,876,840 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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