SECURED BUSINESS SERVICES LLC



Back to Listings

Dream Farm Land with Creek and Highway Frontage

Address: , Potosi, MO

Price: $110,000.00

Owner Finance: No

Lot Size: 12 Acres

A stunning property like this is very hard to come by! Tall Sycamores tower in the distance and other Ozark hardwoods create a vibrant forest. This twelve plus acre property has creek frontage on the crystal clear and cool Bates Creek which abounds with aquatic life. The land is less then two miles from the middle of Potosi. The property has no zoning or building codes! You could build a house, farm, ranch, hotel, maybe even a RV campground? The farm land has not been productive for several years but was a successful soy bean farm. The land is mostly clay but there is more build able land closer to the Highway. A property like this does not come available under these terms often. You could make any dream you want come true on this land.

Utility Access: A septic tank and drain field system was installed a few years ago. A well was drilled last year. Power is across the Highway and could be installed. The best way to get power on the property is to build your home first so you don't have to pay thousands to Ameren.

Directions
You are invited to drive by the property during daylight hours only. Do not enter the property without calling me. From the three way stop in downtown Potosi at North Missouri Street by the court house head west on High Street out of town for 1.6 miles. You will go over the Bates Creek bridge and past the Red Bud Cemetery. The property has a driveway directly to the left after the Cemetery. Please look at the map for property boundaries.  Driveway Coordinates:  37.941264, -90.812758

Corners based on Survey
Northeast:  37.941376, -90.812357
Southeast: 37.939667, -90.810269
Southwest:  37.938771, -90.811858
Northwest:  37.940186, -90.814700

OWNER FINANCE TERMS
My company Bates Meadow LLC will owner finance this property through a Contract For Deed. A Contract For Deed is a installment contract where after you have paid all the payments you get deed to the property.  The purchase price of this property under Contract For Deed is $110,000. The down payment is $10,000 and due at the time of signing the notarized contract. The interest rate is 10% each year. Your monthly payment would be $1,074.60. You make contract payments monthly for 15 years. To qualify for owner financing you must prove your identity and show a verifiable source of income.  We do not do background or credit checks.