
Listed by Premier Farm Realty Group & Auction
$900,000
0 S. Mine La Motte Ave
Details
Property Type Land
Sub Type Commercial, Farm
Price Per Acre $11,111
Acreage 81.000
Land | 81 acres
Marketing description
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 lie 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 can 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 mining potential, a place you can build a new subdivision, or simply a hunting and recreational property, this is a must-see!
Investment highlights
- Video link ; https://youtu.be/-OHLD9CgHKY
Listing Contacts

Listed by Premier Farm Realty Group & Auction
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?




























