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  • Price cut: $34.8K (6/23)
    $1,167,140

    Owen Rd, Milan, MO 63556

    --beds
    0baths
    174.2Acres
    Unimproved Land
    Built in ----
    174.2 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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 3.38% 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.
    59 days
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    44
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    Zillow last checked:

    Listing updated:

    Listed by:

    Troy Toedebusch 660-973-3958,

    Missouri Land and Farm LLC

    Source: Heartland MLS as distributed by MLS GRID,MLS#: 2616820MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0

      Property

      Lot
      • Size: 174.2 Acres
      • Features: Acreage
      • Topography: Bottomland
      Details
      • Parcel number: 080000114.00
      • Zoning: farms

      Utilities & green energy

      • Sewer: None
      • Water: None

      Community & HOA

      Community
      • Subdivision: None
      HOA
      • Has HOA: No
      Location
      • Region: Milan

      Financial & listing details

      • Annual tax amount: $494
      • Date on market: 5/11/2026
      • Listing terms: Cash,Conventional
      • Road surface type: Gravel
      Troy Toedebusch

      Troy Toedebusch

      (660) 973-3958

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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/23/2026Price change$1,167,140-2.9%
        Source: Heartland MLS as distributed by MLS GRID #2616820 Report a problem
        5/12/2026Listed for sale$1,201,980
        Source: Heartland MLS as distributed by MLS GRID #2616820 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 63556

        Getting around

        0 / 100
        Car-Dependent
        18 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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