For Sale
$3,500,000

21514 Harper Rd Peculiar, MO 64078

160 Acres, Diverse Income Streams

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional 160-acre property located at 21514 S Harper Road, Peculiar, MO 64078 presents a unique investment opportunity. Currently generating substantial income from diverse sources, including two residential rentals, a large equestrian operation, and agricultural activities yielding approximately $150,000 annually (detailed financials available upon request). This versatile land offers multiple development pathways. A phased subdivision development is feasible, leveraging the current income stream to offset carrying costs. Alternatively, the property could be developed into a lower-density equestrian community. The existing Harper's Place Plat provides a blueprint for selling off the lower 80 acres, potentially generating significant immediate returns. The upper 80 acres could be reconditioned into a prestigious equestrian estate. The property's strategic location in Cass County, Missouri, offers significant upside potential. Individual 10-acre lots in the area command prices exceeding $20,000 per acre, highlighting the substantial value of this 160-acre parcel. The seller is motivated to achieve a favorable transaction for the entire property. Serious inquiries only

Highlights

  • 160-acre property in Peculiar, MO, generating approximately $150,000 annual income from rentals, equestrian operations, and agriculture.
  • Multiple development options including phased subdivision, equestrian community, or selling the lower 80 acres via existing plat.
  • High potential for significant returns; comparable 10-acre lots sell for over $20,000/acre.
  • Motivated seller seeking a favorable transaction.

Property Details for 21514 Harper Rd

Property type
Specialty properties, Land
Lot Size (sq. ft)
6,969,600 SF

Location Insight

City
Peculiar
County
Cass
State
Missouri
Latitude
38.7314934
Longitude
-94.4797273

FAQs

What type of property is this?
Specialty property - 160 Acres, Diverse Income Streams
Where is the specialty property located?
The property is located at 21514 Harper Rd Peculiar, MO.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 160-acre property in Peculiar, MO, generating approximately $150,000 annual income from rentals, equestrian operations, and agriculture.; Multiple development options including phased subdivision, equestrian community, or selling the lower 80 acres via existing plat.; High potential for significant returns; comparable 10-acre lots sell for over $20,000/acre.
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21514 Harper Rd
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