0 New London Gravel Road

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0 New London Gravel Road

Hannibal, MO 63401
Asking Price
$1.00M
Asset Type
Commercial Land
Class
Class B

What's Special

73+/- Acres <ul><li>​<span style="color: rgba(49, 66, 61, 1)">73± Acres of Agricultural Land Just Outside Hannibal, MO</span></li><li>​<span style="color: rgba(49, 66, 61, 1)">1,400 Ft of Frontage on New London Gravel Road</span></li><li>​<span style="color: rgba(49, 66, 61, 1)">Gently Rolling Terrain with Scenic Views Overlooking the area</span></li><li>​<span style="color: rgba(49, 66, 61, 1)">Multiple Access Points (New London Gravel Rd & Warren Barrett Rd)</span></li><li>​<span style="color: rgba(49, 66

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times