Owen Road Milan, MO $ 1,201,980
Owen Road
$ 1,201,980
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Owen Road

Milan, MO, 63556
$ 1,201,980
Baths0.0

Monthly Estimate*

$ 7,401

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Studio

Farms/Ranches for sale in Milan, MO

for $1,201,980. The lot size is 174.2.

This highly productive 174.2± acre farm in Sullivan County offers a strong investment opportunity with consistent income and quality soils. Located in the desirable Yellow Creek bottoms just 6 miles east of Milan, this property features excellent access only 1/2 mile off Highway P, making it easy to operate year-round. The farm includes 147.78 FSA tillable acres, with 131.83 acres currently in row crop production under a solid 3-year cash rent contract paying $250 per acre annually, providing dependable annual income. Additionally, 15.95 acres are enrolled in CRP, generating $1,510 per year and adding diversity to the income stream. The combination of reliable farm income and conservation payments provides steady and predictable returns for investors. Recreational value is another key highlight, with a hunting lease in place producing $5,000 annually. The area is well known for a high population density of whitetail deer and turkey, making it a highly desirable hunting location. Yellow Creek serves as a natural travel corridor for mature whitetail, offering excellent opportunities for consistent deer movement. The mix of cropland and CRP further enhances habitat for both deer and turkey alike. At the asking price, this farm delivers an approximate 3.12% ROI, making it an attractive addition to any investment portfolio. Whether you are looking to expand your farming operation, secure a stable income-producing asset, or own a versatile recreational property, this tract checks all the boxes. Don’t miss this opportunity to own premium bottom ground in a proven agricultural area with excellent access and income already in place.

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Farms/Ranches Active

Price

$ 1,201,980

Bedrooms

Studio

Property Type

Farms/Ranches

Taxes

$ 494

Style

Lot Size

174.2

Town/City

Milan

County/Region

Sullivan

MLS | Web ID

2616820

Features
General
Sewer None
Zoning farms
HOA Fee 0
Topography Bottomland
Property Subtype Unimproved Land
Current Use Agricultural Recreational
Assoc Fee Paid Per None
County Sullivan
Property Type Farm
HOA N
Subdivision Name None
Possible Use Agricultural
Status Active
Directions From Milan head east on HWY 6 for 5.5 miles. Turn right onto HWY P for approximately 1.5 miles. Turn left onto Owen Road. Continue 1/2 mile. Property is on right.
City Milan
High School District Milan C-II
MLS Area 999 - Other Missouri Area
Lot Size Units Acres
Lot Size Square Feet 7588152
Listing Terms Cash Conventional
Public Remarks This highly productive 174.2± acre farm in Sullivan County offers a strong investment opportunity with consistent income and quality soils. Located in the desirable Yellow Creek bottoms just 6 miles
Standard Status Active
In Flood Plain Yes
HMS_MaintenanceProvidedYN N
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Exterior
Lot Features Acreage
Water Source None
Lot Size Area 174.2
Road Surface Type Gravel
Road Frontage Type County Road
Road Responsibility Public Maintenance
Agriculture Type Grain/Crops
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* Excluded Features
List By
Missouri Land And Farm Llc

Broker

Affordability Calculator

$7,442
Per Month
99%
1%
0%
Monthly Principal & Interest
$7,401
Monthly Property Taxes
$41
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4166484 Elementary School
4166482 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/12/2026$1,201,980 Listed Price

Map


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Owen Road, Milan, MO, 63556 is a Farms/Ranches for sale at $1,201,980 with a lot size of 174.2. Owen Road is a studio with 0.0 baths. The property's zip code is 63556 which is in Milan, MO