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Listed by Mark Maschger • Worth Clark Realty
$ 3,500,000
Est. payment /mo
Active
21514 S Harper RD Peculiar, MO 64078
160 Acres Lot
UPDATED:
11/05/2024 03:17 PM
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2472283
Originating Board hmls
Annual Tax Amount $8,816
Lot Size 160.000 Acres
Acres 160.0
Property Description
Uncommon investment opportunity! 160+ acres of land with diversified income. Two residential rentals, a large operating equestrian tenant, and farming income (~$150,000; leases and financials available upon accepted offer). Buy and hold until subdivision development demand arrives, or develop a lower-density equestrian community, or sell off the lower 80 acres per the Harper's Place Plat (see documents), and/or recondition the upper 80 acres as a grand equestrian estate. Eight 10-acre lots represent half of the price, as 10-acre lots sell for $20K+/acre in this area. The interim income more than supports the balance. DEVELOPERS - reserve this ideal location for a phased subdivision with reduced carrying costs. The seller wants a deal on the whole. Please do not approach or bother occupants or interfere with the business operation.
Location
State MO
County Cass
Zoning AG
Interior
Equipment None
Fireplace N
Exterior
Fence Barbed Wire, Cross Fenced, Wood
Utilities Available Electricity - Verify, Natural Gas - Verify
Amenities Available Equestrian Facilities, Storage
Building
Lot Description Acreage, City Limits, Pond(s), Wooded
Sewer Septic Tank
Water Public
Schools
School District Raymore-Peculiar
Others
Acceptable Financing Cash
Listing Terms Cash