0 S Mine La Motte Ave, Fredericktown, MO 63645

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Listed byPremier Farm Realty Group LLC
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Overview

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!

Location

Full feature list

Basic info

Property type
Other residential
Lot size (acres)
81

Exterior features

Water view
Yes
Horse amenities
Stable

Taxes

Tax Annual Amount (2024)
$61.37

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: MARIS MLS MLS®#: 25052141 Last checked:

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.