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Tbd Opal Road
Ravenwood, MO 64479
Allen Treadwell with Hayden Outdoors Real Estate, original listing - (970) 674-1990
$1,208,000
Conventional
Property
Bedroom
--
Bathroom
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Property Type
Conventional
Square ft
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Property Description
This 160 +/- acre farm in Nodaway County, MO, combines income potential, recreation, and development opportunities. With 126 tillable acres generating income from crop and hunting leases. Features include a 3.5-acre stocked pond, hunting for deer, turkey, and waterfowl, rolling terrain for outdoor activities, and multiple build sites with utilities. Located near Ravenwood, it's a versatile investment property.Discover this rare gem in Nodaway County, Missouri - a 160 +/- acre property that combines exceptional income potential, outstanding recreational opportunities, and breathtaking natural beauty. Located just outside Ravenwood, this well-rounded farm is a haven for outdoor enthusiasts, investors, and anyone seeking a serene retreat with endless possibilities. Recreational & Income-Producing 160-Acre Farm This 160 +/- acre farm in Nodaway County, Missouri, offers a balance of income potential, recreational use, and development opportunities. Located near Ravenwood, it is a productive property with diverse uses for farming, hunting, fishing, and more. Income-Producing Features The property includes 126 FSA-certified tillable acres with a solid NCCPI rating of 67.7. It is currently in a corn, soybean, and wheat rotation. The current farm tenant cash rent lease agreement is $185 per tillable acre. Additional income is received from a hunting lease. The class III soils and gentle slopes support reliable crop production. The farm's picturesque rolling landscape offers numerous potential build sites with expansive views. Whether you envision a secluded getaway or a dream home, the property's utilities, including public water, electric, and fiber internet, are readily available along the west and north boundaries. Key Features Include: 160 +/- Acres in Nodaway County, MO 126 Tillable Acres with a 67.7 NCCPI soil rating Income Potential: $185/acre farm lease ($23,310/year) + $25/acre hunting lease ($4,000/year) = Total $27,310/year Hunting Opportunities: Deer, turkey, upland birds, and waterfowl 3.5-Acre Stocked Pond for fishing and wildlife Rolling Terrain suitable for recreation and farming Build Sites with utilities at property boundaries Established Tenant: Same farmer for 21 years, open to a new long-term lease Located 1 mile east of Highway 136 near Ravenwood, MO This property is a recreational dream, boasting hunting opportunities for whitetail deer, turkey, quail, pheasant, duck, and goose. A 165 trophy buck was harvested on the farm in recent years, with frequent sightings of diverse wildlife across the landscape. At the heart of the property lies a stunning 3.5-acre stocked pond, perfect for fishing, attracting waterfowl, and managing watershed. The gently rolling terrain and well-maintained access roads make this farm ideal for camping, trail riding, shooting, or simply enjoying the peaceful countryside. Ravenwood is a small city in eastern Nodaway County, Missouri, near the Platte River, with a population of approximately 414 residents as of 2024. The area offers a suburban-rural mix, providing residents with a peaceful environment. The nearest major airport is Kansas City International Airport (MCI), about 89 miles south of Ravenwood. The Northwest Missouri Regional Airport in Maryville is approximately 12 miles west of Ravenwood for regional air travel. Ravenwood's proximity to these airports provides residents and visitors with convenient access to domestic and international flights.
Property Information
Lot Size
160 acre(s) square ft
Property Type
Land-Other
Year Built
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MLS Number
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Location
Address
TBD Opal Road
City
Ravenwood
State
MO
Zip Code
64479
County
NODAWAY
Listing
Name
Phone
(970) 674-1990
Office Name
Office Phone
(970) 674-1990
Agent Name
Allen Treadwell
Agency Phone
(970) 674-1990

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HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.