Owen Rd, Milan, MO 63556
Property image
Property image
FOR SALE
174.2 ACRES

$1,167,140

Original price: $1,201,980

    Owen Rd, Milan, MO 63556

    Est. Mortgage $6,801/mo*
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    Home Highlights

    Property Type
    Lot/Land
    Lot Size
    174.2 acres
    HOA
    None

    Local Information

    • Map ViewExplore the area around Owen Rd.
    • Schools1 Preschool School1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    About this House

    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 3.38% 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.
    Last check for updates: about 17 hours ago
    Listing Provided by: Troy Toedebusch, (660) 973-3958
    Missouri Land and Farm LLC
    Source: Heartland MLS as distributed by MLS GRID, MLS#2616820

    Home Details for Owen Rd

    Active Status

    MLS Status: Active

    Exterior Features

    Exterior Home Features
    No Private Pool
    Frontage
    Road Frontage: County RoadResponsible for Road Maintenance: Public Maintained RoadRoad Surface Type: Gravel
    Water & Sewer
    Sewer: None
    Surface & Elevation
    Topography: Bottomland

    Days on Market

    Days on Market: 113

    Property Information

    Property Type / Style
    Property Type: FarmProperty Subtype: Unimproved Land
    Property Information
    Usage of Home: AgriculturalParcel Number: 080000114.00

    Price & Status

    Price
    List Price: $1,167,140

    Location

    Direction & Address
    City: MilanCommunity: None
    School Information
    High School District: Milan C-II

    Agent Information

    Listing Agent
    Listing ID: 2616820

    HOA

    No HOAHOA Fee: No HOA Fee

    Lot Information

    Lot Area: 174.2 Acres

    Offer

    Listing Terms: Cash, Conventional

    Miscellaneous

    Mls Number: 2616820Attribution Contact: 660-973-3958

    Around this home

    The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

    Market trends in Green City

    Last updated July 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    Sale-to-List Price
    Price per sq ft
    Available listings
    9
    2
    MoM

    Home Value

    Learn more about this home's value by checking out how much similar homes have sold for.

    Comparable sales

    These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    2.22
    Lot/Land
    -
    03/26/26
    -
    -
    3.25
    Lot/Land
    -
    02/03/26
    -
    -
    3.34
    Lot/Land
    -
    06/16/26
    -
    -
    3.88
    Lot/Land
    -
    02/18/26
    -
    -
    3.52
    Lot/Land
    -
    09/16/25
    -
    -
    3.52
    Lot/Land
    -
    09/16/25
    -
    -
    3.54
    Lot/Land
    -
    10/27/25
    -
    -
    3.55
    Lot/Land
    -
    08/14/26
    -
    -
    3.55
    Lot/Land
    -
    08/14/26
    -
    -
    3.55
    Lot/Land
    -
    08/14/26
    -
    -

    Price and Tax history

    DateEventPrice
    Jun 23, 2026
    Source: Heartland MLS as distributed by MLS GRID #2616820
    PriceChange
    $1,167,140
    Price decreased by 3%
    May 12, 2026
    Source: Heartland MLS as distributed by MLS GRID #2616820
    Listed For Sale
    $1,201,980

    LGBTQ Local Legal Protections

    Troy Toedebusch, Missouri Land and Farm LLC
    Agent Phone: (660) 973-3958
    Based on information submitted to the MLS GRID as of 2026-09-01 17:03:18 PDT. 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. Some IDX listings have been excluded from this website. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. Click here for more information
    Listing Information presented by local MLS brokerage: Zillow, Inc., local REALTOR®- Terry York - (913) 213-6604

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    Owen Rd, Milan, MO 63556 is a lot/land. This property is currently available for sale and was listed by Heartland MLS as distributed by MLS GRID on May 12, 2026. The MLS # for this home is MLS# 2616820.