Estimated payment $12,656/month
About This Lot
Pleased to offer you the chance to purchase this 278.67 acres of untapped potential nestled along the beautiful Castor River (approximately 1.6 miles of river frontage). This rare blend of productivity and wilderness offers 191 acres of prime tillable farmland (all but a few acres are also irrigated), with the remainder wrapped in mostly hardwood timber. The wooded portion is home to an abundance of wildlife and natural beauty.
This is not just any farmits an income-producing recreational paradise. Whether youre fishing for smallmouth on the banks of the crystal clear Castor River or setting your sights on mature whitetail and wild turkey, this property is teeming with opportunities for an outdoor adventure. Its prime location and easy river access make it a sportsmans dream come true.
Investors take note: At a cash rent rate of $250/acre, youre looking at a steady annual return, not including the potential for additional income through hunting leases. Pair that income with extremely low property taxes of just $301.66 annually, and you are looking at a great investment opportunity.
The well-draining riverfront cropland sits outside of the flood-risk zones for crop insurance, making this a low-risk, high-reward purchase. Surrounded by quality hunting and located in a major migratory flyway for waterfowl (Middle Zone), this property is also poised for easy conversion into a duck and goose haven with minimal development.
If 278 acres isnt enough, the adjacent 70 tract could be purchased for more recreational opportunities.
Old River Road isnt just a propertyits a legacy in the making
Property Address: 000 Old River Road Zalma, MO
FEATURES
1.6 miles of Castor River frontage
Extremely low taxes
Tons of wildlife
Excellent Smallmouth Bass fishing
4 turbines with underground piping
191 tillable acres with almost all being irrigated
Adjacent farm is available for additional recreational acreage
Good cash rent
Recreational lease potential for additional income
Not determined flood zone for crop insurance purposes
Multiple access points to property
DISTANCES
Situated on the Upper Castor River in Zalma, Mo
Maple Flats Conservation-.08 Miles
Castor River Conservation Area- 3 Miles
Duck Creek Conservation Area- 5.75 Miles
Mingo National Wildlife Refuge- 7.36 Miles
Advance, Mo- 10 Miles
Coldwater Conservation Area- 12 Miles
Mark Twain National Forest- 13.75 Miles
Cape Girardeau, Mo- 30 Miles
St. Louis, Mo- 102 Miles
Memphis, TN- 140 Miles
Cody Dirnberger
Listed on: 06/12/2025

Property Details
Property Type
- Land
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/12/2025 06/12/25 | For Sale | $2,000,000 | -- | -- |
- 000 Old River Rd
- Off Bcr 710
- Off Bcr 710
- 0 Bcr 616 Unit MAR25024235
- 123 Bush Dr
- 0 Bcr 532 Unit 22881705
- 0 Bcr 532 Unit MAR25015211
- 3498 State Hwy E
- 11632 Bcr 532
- 10068 Bcr 620
- 2718 Rr 82
- 702 Bcr
- 15574 Bcr 512
- 10755 Bcr 418
- 699 State Highway V
- 17748 State Highway C
- 1 Gobbler Cove
- 0 Highway E Unit MAR24056194
- 16815 Augusta Dr
- 1002 W Old Highway C