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48 acres of great location residential development property just east of Highway 28 exit off I-44, the land lays just south of the outer road (Z highway) and can be seen from the interstate. Priced cheap at $1100/acre to sell fast, the developer is retiring. Some existing lots are platted and ready to build on with water, sewer and electric to the lots. New pump station to be installed summer 2017 by Sewer Dept to handle additional development. The majority of the land is open timber that could be selectively logged to recover a good share of the property cost, or sell existing ready-to-build-on lots to pay for the whole thing. Remaining acreage could be split up into 6-8 nice 5 acre+ properties. Meanwhile, you can hunt on the property - no restrictions in the county!
This the perfect "buy and hold" investment property that could return a healthy profit - lays slightly east if St. Robert city limits where no building permits are required. Existing homes in this Windridge subdivision sell in the 125-175,000 range. Some of the roads are paved, others are gravel and in ready-to-pave condition. Sewer is gravity feed to county owned sewer plant at bottom of hill, which will be replaced with new state of the art pump station next year, water is county, electric is Laclede Rural.
For more details and a showing call Dave 573-433-1255
road frontage,48 acre property, Saint Robert, MO 65584, turkey,whitetail deer,mixed use residential, timberland, development
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