29623 S Van Meter Road

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29623 S Van Meter Road

Freeman, MO 64746
Asking Price
$300K
Asset Type
Farm Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The parcel spans a total of 740,520 square feet of land.
  • This farm property is available for purchase at 300,000 dollars.
  • The site is situated at 29623 S Van Meter Road in Freeman.
  • Located within the Kansas City metropolitan area, the land supports agriculture.
  • The asset offers potential for long-term investment or rural farming operations.

What's Special

Freeman serves as a quiet rural hub within the Kansas City metropolitan area, characterized by its expanses of agricultural land and accessibility to regional transportation corridors. This property, located at 29623 S Van Meter Road, comprises 740,520 square feet of land currently designated for farm use. The region benefits from a steady economic environment supported by agricultural production and proximity to growing suburban nodes. Prospective buyers might consider this acreage for continued agricultural operations, private agricultural investment, or long-term land holding strategies. The site provides a straightforward opportunity for those seeking to acquire a substantial parcel within a developing sector of Missouri. Its position ensures relative seclusion while remaining connected to the broader economic activity of the state. Investors looking to expand their rural portfolio or establish a specialized farming operation will find the scale of this parcel suitable for various agricultural applications.

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NOI
$80,000
Cap Rate
26.67%
DSCR
4.49
Strong
Cash-on-Cash
69.10%
Monthly Payment
$1,484.236
Annual Cash Flow
$62,189.164

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