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$ 900,000
Est. payment | /mo
$ 900,000
Est. payment | /mo
Key Details
Property Type Vacant Land, Other Rentals
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25052141
Construction Status Raw Land
Annual Tax Amount $61
Acres 81.0
Property Description
Incredible Investment Opportunity!
This 81 +/- acre property offers unmatched investment potential, as it backs up to the largest cobalt mining reserve in North America. The surrounding cobalt mines hold an estimated 72 million pounds of recoverable cobalt, as well as over 100 million pounds of nickel and copper. The ability to own this property including the mineral rights makes this an exciting investment opportunity. These 81+/- acres also lay just outside of town, offering a great opportunity to create a new subdivision, with access to public water and sewer. In addition, the location offers great recreational opportunities, as it is just a short drive from castor river shut ins, as well as Fredericktown city lake. If you are looking for good deer hunting, this property is full of whitetails. With thick bedding habitat throughout, this farm has the ability to hold big bucks and offers several great food plot locations.
The possibilities with this farm are endless. Whether you are looking for an exciting investment opportunity with the mining potential, a place you can build a new subdivision, or simply a hunting and recreational property, this is a must see!
This 81 +/- acre property offers unmatched investment potential, as it backs up to the largest cobalt mining reserve in North America. The surrounding cobalt mines hold an estimated 72 million pounds of recoverable cobalt, as well as over 100 million pounds of nickel and copper. The ability to own this property including the mineral rights makes this an exciting investment opportunity. These 81+/- acres also lay just outside of town, offering a great opportunity to create a new subdivision, with access to public water and sewer. In addition, the location offers great recreational opportunities, as it is just a short drive from castor river shut ins, as well as Fredericktown city lake. If you are looking for good deer hunting, this property is full of whitetails. With thick bedding habitat throughout, this farm has the ability to hold big bucks and offers several great food plot locations.
The possibilities with this farm are endless. Whether you are looking for an exciting investment opportunity with the mining potential, a place you can build a new subdivision, or simply a hunting and recreational property, this is a must see!
Location
State MO
County Madison
Area 713 - Fredericktown
Zoning Residential
Interior
Fireplace N
Exterior
View Y/N No
Building
Lot Description Level, Scattered Woods, Split Possible, Suitable for Horses
Construction Status Raw Land
Schools
Elementary Schools Fredericktown Elem.
Middle Schools Fredericktown Middle
High Schools Fredericktown High
School District Fredericktown R-I
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by Jordan Thompson • Premier Farm Realty Group LLC
Nearby Locations
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