$1,201,980

0 Owen Rd Milan, MO 63556

Estimated payment $6,458/month

174.2 Acres
$6,900 Price per Acre
7,588,152 Sq Ft Lot

Highlights

  • 7,588,152 Sq Ft lot
  • No HOA
  • Crops

About This Lot

This highly productive 174.2± acre farm in Sullivan County offers a strong investment opportunity with consistent income and quality soils. Located in the desirable Yellow Creek bottoms just 6 miles east of Milan, this property features excellent access only 1/2 mile off Highway P, making it easy to operate year-round. The farm includes 147.78 FSA tillable acres, with 131.83 acres currently in row crop production under a solid 3-year cash rent contract paying $250 per acre annually, providing dependable annual income. Additionally, 15.95 acres are enrolled in CRP, generating $1,510 per year and adding diversity to the income stream. The combination of reliable farm income and conservation payments provides steady and predictable returns for investors. Recreational value is another key highlight, with a hunting lease in place producing $5,000 annually. The area is well known for a high population density of whitetail deer and turkey, making it a highly desirable hunting location. Yellow Creek serves as a natural travel corridor for mature whitetail, offering excellent opportunities for consistent deer movement. The mix of cropland and CRP further enhances habitat for both deer and turkey alike. At the asking price, this farm delivers an approximate 3.12% ROI, making it an attractive addition to any investment portfolio. Whether you are looking to expand your farming operation, secure a stable income-producing asset, or own a versatile recreational property, this tract checks all the boxes. Don’t miss this opportunity to own premium bottom ground in a proven agricultural area with excellent access and income already in place.

Listing Agent

Troy Toedebusch

Missouri Land and Farm LLC Brokerage Phone: 660-973-3958 License #2025017629 Listed on: 04/26/2026

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $494

Lot Details

  • 174.2 Acre Lot
  • Property fronts a county road
  • Possible uses of the property include Agricultural
  • Property is zoned farms

Farming

  • Crops

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 08-00-00114.00
  • $0 special tax assessment

Property Details

Property Type

Land

Est. Annual Taxes

$494

Lot Details

174.2 Acres

Listing Details

  • Property Type: Farm
  • Property Sub Type: Unimproved Land
  • Current Use: Agricultural, Recreational
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Troy Toedebusch
  • List Office Mls Id: HMSMLFL
  • List Office Name: Missouri Land and Farm LLC
  • List Office Phone: 660-258-3185
  • Mls Status: Active
  • Tax Special Amount: 0
  • Agriculture Type: Grain/Crops
  • Attribution Contact: 660-973-3958
  • Special Features: None

Exterior Features

  • Road Frontage Type: County Road
  • Road Surface Type: Gravel

Utilities

  • Sewer: None
  • Water Source: None

Condo/Co-op/Association

  • Association Fee Frequency: None

Association/Amenities

  • Association: No

Fee Information

  • Deposit: Linn County Title

Schools

  • Junior High Dist: Milan C-II

Lot Info

  • Zoning: farms
  • Topography: Bottomland
  • Lot Features: Acreage
  • Lot Size Sq Ft: 7588152
  • Parcel Number: 08-00-00114.00
  • Possible Use: Agricultural
  • Subdivision Name: None
  • In Flood Plain: Yes

Tax Info

  • Tax Annual Amount: 494

Map

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Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2026 04/26/26 For Sale $1,201,980 -- --
Source: Heartland MLS

Source: Heartland MLS

MLS Number: 2616820

Heartland MLS
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