801 315Th St Drexel, MO 64742
This exceptional 13-acre agricultural property in Drexel, Missouri, presents a unique investment opportunity. Located on a hard-surface highway, this land boasts convenient access and high visibility. A key feature is its proximity to a sizable lake across the street, offering scenic views and potential recreational benefits. The property's agricultural zoning allows for a variety of uses, making it suitable for farming, ranching, or other rural pursuits. The fertile land is ready for development, offering significant potential for growth and return on investment. Furthermore, an additional 4 acres of adjacent land are available for purchase, providing an opportunity to expand the holding (see MLS #2516891 for details on the adjacent parcel). The property's address is 801 E 315th Street, Drexel, MO 64742, situated in Cass County. The asking price for this remarkable 13-acre tract is $219,900. This is a rare chance to acquire prime Missouri farmland with excellent location and potential. Don't miss this opportunity to own a piece of this desirable rural landscape. Contact us today to schedule a showing and explore the possibilities.
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
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Property description
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.