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    OFF-MARKET
    Commercial real estate

    21514 Harper Rd, Peculiar, MO 64078

    160 ac lot
    Property ID
    US48-1185587
    Property summary
    AI-generated overview

    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

    Property profile
    Verified
    Property type Commercial real estate
    Lot 160 ac (6,969,600 SF)
    UPID US48-1185587
    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
    AI Approach AI
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    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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