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!
Listed By
Agency Name: Premier Farm Realty Group LLC
Shown By
Agency Title: Trophy Properties & Auction
Agency Phone: (855) 573-5263
Estimated Payment
$ 2,270.59 per month $2,003.01 Principal & Interest $5.08 Property Tax $262.50 Homeowner's Insurance
0 S Mine La Motte Ave | MLS# 25052141
This land located at 0 S Mine La Motte Ave, Fredericktown, MO 63645 is currently listed for sale with an asking price of $900,000. The property has approximately 81.00 Acres. S Mine La Motte Ave is located within the Fredericktown R-I school district. Search Fredericktown real estate on www.trophypa.com today.