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 Kleinschmidt’s 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 you’ve been looking for guaranteed income, call Bailey Grinde at (308) 675-3639 to schedule a viewing!
DISCLAIMER: The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS").
Copyright 2022, Heartland Multiple Listing Service, Inc. Heartland MLS and Better Homes and Gardens Real Estate Kansas City Homes 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.
Listing information last updated on January 21st, 2022 at 10:32am CST.