21514 Harper Rd, Peculiar, MO 64078
This exceptional 160-acre property located at 21514 S Harper Road, Peculiar, MO 64078 presents a unique investment opportunity. Currently generating substantial income from diverse sources, including two residential rentals, a large equestrian operation, and agricultural activities yielding approximately $150,000 annually (detailed financials available upon request). This versatile land offers multiple development pathways. A phased subdivision development is feasible, leveraging the current income stream to offset carrying costs. Alternatively, the property could be developed into a lower-density equestrian community. The existing Harper's Place Plat provides a blueprint for selling off the lower 80 acres, potentially generating significant immediate returns. The upper 80 acres could be reconditioned into a prestigious equestrian estate. The property's strategic location in Cass County, Missouri, offers significant upside potential. Individual 10-acre lots in the area command prices exceeding $20,000 per acre, highlighting the substantial value of this 160-acre parcel. The seller is motivated to achieve a favorable transaction for the entire property. Serious inquiries only
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
Similar Nearby for Sale
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.