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    0001 Old 40 Highway

    Higginsville, MO 64037
    • $525,000
    • STATUS: Active
    • ON SITE: 9 days
    • ID#: 2313865
    $525,000
    • 0
      BEDS
    • 11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    School District:

    Description

    Here is a build site with unlimited potential for your business and immediate ROI, located in Lafayette County, Missouri! Purchase includes 11+/- commercially-zoned acres and 3 income-producing billboard leases. Billboard leases are through 2052, currently bringing in $14,161.65 total annually and an eventual increasing rent scale for $419,145.00 in income over the life of the leases. 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. ?Electricity and Water hookup is available at the site. Currently, cash rented with well-established tenant in place at $225/acre for even more income. Able to be subdivided. Option to purchase the consecutive Tract 1 and neighboring Tract 3 with even more commercial acreage, billboard leases, and cash rent income. If youve been looking for guaranteed income, call Bailey Grinde at (308) 675-3639 to schedule a viewing!

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    Heartland MLS Terms of Use

    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 Keller Williams KC - Northland 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. The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. Data last updated: 2021-04-17T23:44:48.81.

    www.ericcraigrealestateteam.com/homes/115883044
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    0001 Old 40 Highway Higginsville, MO 64037

    • Price: $525,000
    • Status: Active
    • ID#: 2313865
    0
    Beds
    0
    Baths
    0
    ½ Baths
    11
    Acres
    Neighborhood:
    Other
    County:
    Lafayette
    Area:
    210 - Lafayette County, Mo
    School District:
    Higginsville
    Property Description
    Here is a build site with unlimited potential for your business and immediate ROI, located in Lafayette County, Missouri! Purchase includes 11+/- commercially-zoned acres and 3 income-producing billboard leases. Billboard leases are through 2052, currently bringing in $14,161.65 total annually and an eventual increasing rent scale for $419,145.00 in income over the life of the leases. 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. ?Electricity and Water hookup is available at the site. Currently, cash rented with well-established tenant in place at $225/acre for even more income. Able to be subdivided. Option to purchase the consecutive Tract 1 and neighboring Tract 3 with even more commercial acreage, billboard leases, and cash rent income. If youve been looking for guaranteed income, call Bailey Grinde at (308) 675-3639 to schedule a viewing!
    Exterior Features

    Road Responsibility Public Maintenance Road Surface Type Asphalt Type Of Agriculture Grain/Crops

    Property Features

    Association Fee 0 Current Use AgricultureCommercialInvestment Development Status Raw Land In Flood Plains No Listing Agreement Exclusive Right To Sell Listing Terms CashConventionalOtherPrivate Maintenance Provided YN No Sale Complete Parcel Sewer At Site Water Source Public Zoning Com

    Listing information © 2021 Heartland MLS.
    Listing courtesy of Midwest Land Group Llc.



    Heartland MLS Terms of Use

    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 Keller Williams KC - Northland 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. The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. Data last updated: 2021-04-17T23:44:48.81.

     
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