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E. 155th and Holmes Road, Belton, MO 64012
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$5,187,000
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Property Details for E. 155th and Holmes Road
Price
$5,187,000
Type
lots/land
County
Cass
Tax
$500
MLS®️ Listing#
2351194
On exitrealty.com
1152 days
Property Description
Discover an extraordinary opportunity to acquire a historic farmstead in northern Cass County, boasting over 133+/- acres of prime residential and commercial development potential. This unique property, which has remained in the same family for generations, presents a rare chance to own a close-in retreat with incredible investment possibilities. Nestled between Martin City, Saddle & Sirloin Country Club and Loch Lloyd Country Club, this farm is in the direct path of development. The terrain showcases the perfect blend of open cropland and dense timber. With the City of Belton's master plan earmarking the corner of the property for commercial use and the remainder for upper bracket single-family residential development, the stage is set for transformative growth. Water and electricity are both available and sewer connection is 2700+/- feet away. Farm income is derived from a farm lease for crops and fireworks stand lease and varies annually. Previously listed with 115+/- acres for $42,000 per acre, the farm is now listed with the commercial corner for a total of 133+/- acres, averaging $39,000 per acre. The commercial corner is worth $100,000 per acre! Development is happening all around this property. Enjoy it now as a weekend retreat and develop later or set the wheels in motion to develop now!!
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Listing courtesy: ReeceNichols - Overland Park - 913-339-6800
The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. © 2024, Heartland Multiple Listing Service, Inc. The properties displayed on this website may not be all of the properties in the Heartland MLS database compilation, or all of the properties listed with other brokers participating in the Heartland MLS IDX program. Detailed information about the properties displayed on this website includes the name of the listing company. Heartland MLS and EXIT Realty 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.
Last Updated: 2024-10-30 02:19:11
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