Lease to Own
Address
0000 Old 40 Highway Higginsville, MO
Price
$ 550,000
Property Attributes
  • MLS#2313757
  • TypeLand
  • CountyLAFAYETTE
  • CityHigginsville
  • Area210 - Lafayette County - Mo
  • Zip64037
  • StyleLand
  • Taxes$ 71
  • Price$ 550,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size35 Acres
Listing Provided Courtesy Of:
Midwest Land Group LLC
Data Source:
Heartland MLS
Property Description

Here is a build site with unlimited potential for your business, immediate ROI, and great hunting all located in Lafayette County, Missouri! Purchase includes 35+/- acres (11 +/- zoned commercial and remaining zoned agriculture) and 2 income-producing billboard leases. Billboard leases bring in $4,800 total per year with 27 tillable acres cash rented at $225/acre, producing another $6,075 annually. Landowner pays no property taxes on the billboards, expenses, or upkeep! These acres are right off of I-70 and 13 Highway, a major intersection for commerce with over 26,000 vehicles passing by every day. This property has fantastic visibility from the interstate with the popular Arcadian Moon Vineyard and Kleinschmidts Western Store as your neighbors, along with several other businesses, gas stations, and a hotel. Accessible by the Higginsville junction, this site is just minutes from well-established cities, such as Warrensburg, Odessa, Concordia, and Higginsville, and only 30 minutes from Blue Springs. Lush timber draw on property for convenient hunting with large sheds found this year! Electricity and Water hookup is available at the site. Able to be subdivided. Option to purchase the neighboring Tract 1 and Tract 2 with even more commercial acreage, billboard leases, and cash rent income. 34.95 +/- acres 11+/- Zoned commercial and remaining acres zoned agricultural Ability to subdivide 2 Income Producing Billboard Leases producing $4,800 annually Tillable Acres producing $6,075 annually Convenient Hunting Location Prime visibility from Interstate 70 with easy access via Old Highway 40 Average annual daily traffic rate of 26,250 vehicles Located off of the Higginsville junction, a major intersection of I-70 and 13 Highway Near popular local attractions/established businesses Utilities are available Current Property Taxes: $71.36

Price History
4/7/2021 Listed $550,000

General Features

Current Use Agriculture, Commercial, Investment
HOA Fee Frequency None
High School District Higginsville
In Flood Plain No
Possible Use Agricultural, Commercial
Property SubType Land
Property Type Land
Sewer At Site
Standard Status Active
Subdivision Name Other
Terms Cash, Conventional, Other, Private
Zoning Com

Exterior Features

Agriculture Type Grain/Crops
Lot Size Area 35
Lot Size Square Feet 1524600
Lot Size Units Acres
Road Surface Type Asphalt
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 64037

Price
AVG $230K
$550K
Taxes
AVG $103
$71
Visits
AVG 49
25

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