12 Acres of Income Potential Near Cape Girardeau

37.34111951318277,-89.49879053243735|37.34102675115468,-89.49932697424033|37.340995830453195,-89.49993851789573|37.34102142000017,-89.50041326889136|37.34418835161679,-89.50051200941226|37.34428110973957,-89.49884635761401
Price: $430,000
Acreage: 12
County: Cape Girardeau
State: Missouri

Property Description

Located just outside of the Cape Girardeau city limits lies 12 +/- acres full of investment opportunity. Just minutes from Cape Girardeau Country Club, every corner of this property is set up to create income. There are five homes in total, including a 1,600 square foot brick home, a 2,400 square foot barn that has been renovated into a home, and three mobile homes. With all of the options, there is plenty of space to live in one and collect rent on the others or rent them all and maximize the income potential. In addition to the housing, there is a detached garage and two shops, which have been rented to local mechanics in the past. Behind the compound of buildings are 10 more acres of pasture, a small pond, and a 6,000 square foot hay barn. The pasture is currently being used for cattle, but could be hunted, if so desired. It has been hunted in previous years and several deer have been harvested near the back of the property. This is truly a one-of-a-kind property that is a must see to understand the full potential!

Property Features

  • Just outside of Cape Girardeau city limits
  • Off of Highway 177
  • 12 +/- total acres
  • 1,600 sq. ft. brick house
  • 2,400 sq. ft. barn house
  • 3 mobile homes
  • Detached garage
  • 2 shops
  • 10 acres of pasture
  • 6,000 sq. ft. hay barn
  • 1-acre pond

Property Address

2777 Highway 177, Cape Girardeau, MO