0000 Old 40 Highway, Higginsville

$550,000

Mortgage Calculator

Mortgage calculator provided by First State Bank Mortgage

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 Kleinschmidt’s 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

Essential Information
MLS® #2313757
Price$550,000
Bathrooms0.00
Acres35.00
TypeLand
Sub-TypeLand
StatusActive
LISTING MAP
Community Information
Address0000 Old 40 Highway
SubdivisionOther
CityHigginsville
CountyLafayette
StateMO
Zip Code64037
School Information
DistrictHigginsville
Additional Information
Date ListedApril 6th, 2021
Days on MarketUnlock
Listing Details
OfficeMidwest Land Group LLC

Properties for Sale Similar to 0000 Old 40 Highway, Higginsville, MO

Photo of Listing #2313865

0001 Old 40 Highway, Higginsville, MO, 64037

$525,000
Active
Midwest Land Group LLC

DISCLAIMER: The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS").
Copyright 2021, Heartland Multiple Listing Service, Inc. Heartland MLS and Better Homes and Gardens Real Estate Kansas City Homes do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring.
By searching, you agree to the Terms of Use.

Listing information last updated on April 18th, 2021 at 3:23pm CDT.

Sign Up for Home Search