42136 164Th St Richmond, MO 64085
Exceptional investment opportunity: a sprawling 20-acre property located at 42136 E 164th St, Richmond, MO 64085, in Ray County. This versatile land boasts a diverse range of uses, including commercial, farm, ranch, timber, and hunting/recreational purposes. The asking price is $390,000. The property's secluded location offers peace and quiet, yet it maintains convenient proximity to Richmond, MO (15 minutes away) and Kansas City, MO (approximately one hour away). While the property is being sold "as is," it includes a 1,800 square foot earth-contact home featuring three bedrooms and two newly updated full bathrooms. The home boasts beautiful wood floors, a heated master bath and kitchen, and a wood ceiling with a stone living room wall. Modern conveniences include rural water, electric AC/heat pump. The property also includes approximately seven acres of fully fenced pasture with a lean-to, perfect for livestock. Two ponds are present, one of which is a half-acre pond situated southwest of the front porch. Hunters will appreciate the abundant deer and turkey population. The driveway is approximately two-tenths of a mile off a paved road. The property is served by the Richmond School District. This unique property presents a rare blend of rural tranquility and strategic accessibility, making it an ideal investment for a variety of purposes.
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.