Prime Investment Opportunity In Booneville
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Summary
Property
- Type
- Farms, Residential Land, Undeveloped Land
- Road Surface
- Pavement
Land Details
- Tillable
Utilities
Electric: | Nearby |
Gas: | Nearby |
Sewer: | Nearby |
Internet: | Nearby |
Water: | Nearby |
Description
Located just north of Boonville High School, this 100% tillable farm offers a strategic investment opportunity with nearly 650' of paved road frontage along W North Street and access to all major utilities. The property consists of Class 2 and 3 soils, primarily Birds Silt Loam, making it a solid agricultural asset with potential for future development.
This parcel is uniquely positioned, with large city-owned lands to the west and south and a newly constructed 50+ home Reinbrecht subdivision directly adjacent to the east. While the western half falls within a FEMA floodplain, the southeastern 5+/- acres remain ideal for development. For those considering multiple homesites, a 5+/- acre retention pond could be incorporated into the western portion, providing enough fill to raise and grade the eastern side for 10-12 homesites with scenic pond views.
Whether you're looking to land bank, develop, or farm, this property offers versatility in a growing area. With its prime location, utility access, and multiple avenues for future use, this is an investment worth considering.
Details
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18.43 +/- acres of tillable land with Class 2 & 3 soils
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650’ of paved road frontage on W North Street with utilities available
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Adjacent to a new 50+ home subdivision & city-owned land
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Development potential with options for homesites or land banking
Area Info
Other
Coordinates
38.0571, -87.284
Annual Taxes
$530
The information contained herein is deemed reliable but is not warranted or guaranteed by the Broker, its Agents, or the Seller. Access to property, access to utilities, or any measurements including but not limited to, acreage, square footage, frontage, and mapping boundary lines shared herein has not been independently verified and is for purposes of marketing only. If exact measurements, access to property, or access to utilities is a concern, the property should be independently measured or investigated by the prospective buyer.
COOPERATING BROKER COMPENSATION: Please contact Listing Agent/Broker for terms of cooperating Buyer Broker compensation. Terms of compensation, if any, shall be ascertained by cooperating brokers before beginning efforts to accept the offer of cooperation. Buyer’s Agents/Brokers must be identified, by Buyers and/or their Brokers/Agents, on the first contact with Listing Broker/Agents to receive compensation. Otherwise, compensation will be at the sole discretion of the Seller, Broker, and Whitetail Properties Real Estate, LLC.
Real Estate Commissions and Cooperating Broker Compensation, if any, are fully negotiable and is not fixed or controlled by law, by Whitetail Properties Real Estate, LLC (or any division/trade name/DBA of), or its Agents/Brokers.