0 S Mine La Motte Ave, Fredericktown, MO 63645
0 S Mine La Motte Ave, Fredericktown, MO 63645
0 S Mine La Motte Ave, Fredericktown, MO 63645
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Kris Yoon

Kris Yoon

+1(314) 520-7980
$900,000
Est. payment /mo
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Key Details

Property Type Vacant Land, Other Rentals

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25052141

Construction Status Raw Land

Annual Tax Amount $61

Acres 81.0

Property Description

Incredible Investment Opportunity!

This 81 +/- acre property offers unmatched investment potential, as it backs up to the largest cobalt mining reserve in North America. The surrounding cobalt mines hold an estimated 72 million pounds of recoverable cobalt, as well as over 100 million pounds of nickel and copper. The ability to own this property including the mineral rights makes this an exciting investment opportunity. These 81+/- acres also lay just outside of town, offering a great opportunity to create a new subdivision, with access to public water and sewer. In addition, the location offers great recreational opportunities, as it is just a short drive from castor river shut ins, as well as Fredericktown city lake. If you are looking for good deer hunting, this property is full of whitetails. With thick bedding habitat throughout, this farm has the ability to hold big bucks and offers several great food plot locations.
The possibilities with this farm are endless. Whether you are looking for an exciting investment opportunity with the mining potential, a place you can build a new subdivision, or simply a hunting and recreational property, this is a must see!

Location

State MO

County Madison

Area 713 - Fredericktown

Zoning Residential

Interior

Fireplace N

Exterior

View Y/N No

Building

Lot Description Level, Scattered Woods, Split Possible, Suitable for Horses

Construction Status Raw Land

Schools

Elementary Schools Fredericktown Elem.

Middle Schools Fredericktown Middle

High Schools Fredericktown High

School District Fredericktown R-I

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Listed by Jordan Thompson • Premier Farm Realty Group LLC
Kris Yoon

"As a lifelong resident of St. Louis, local real estate investor and full time professional Realtor, I will provide unparalleled market knowledge, exceptional communication and a focus on your satisfaction."

+1(314) 520-7980

kris@homeinstlouis.com

St Louis, MO, USA

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0 S Mine La Motte Ave

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