Owen Rd
Milan, MO 63556
(on 174.20 acres)
Local Information
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Description
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.
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.
Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
16 days ago
Home Details for Owen Rd
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MLS Status: Active |
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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 |
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Days on Market: 16 |
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Property Type / Style Property Type: FarmProperty Subtype: Unimproved Land |
Property Information Usage of Home: AgriculturalParcel Number: 080000114.00 |
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Price List Price: $1,201,980 |
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Direction & Address City: MilanCommunity: None |
School Information High School District: Milan C-II |
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Listing Agent Listing ID: 2616820 |
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No HOAHOA Fee: No HOA Fee |
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Lot Area: 174.2 Acres |
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Listing Terms: Cash, Conventional |
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Mls Number: 2616820Attribution Contact: 660-973-3958 |
Last check for updates: about 22 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
Also Listed on Heartland MLS as distributed by MLS GRID.
Price History for Owen Rd
| Date | Price | Event | Source |
|---|---|---|---|
| 05/12/2026 | $1,201,980 | Listed For Sale | Heartland MLS as distributed by MLS GRID #2616820 |
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Comparable Sales for Owen Rd
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 | - | - | ||
3.88 | Lot/Land | - | 02/18/26 | - | - | ||
3.50 | Lot/Land | - | 07/31/25 | - | - | ||
3.50 | Lot/Land | - | 07/31/25 | - | - | ||
3.52 | Lot/Land | - | 09/16/25 | - | - | ||
3.52 | Lot/Land | - | 09/16/25 | - | - | ||
3.54 | Lot/Land | - | 10/27/25 | - | - | ||
4.45 | Lot/Land | - | 12/19/25 | - | - | ||
4.94 | Lot/Land | - | 08/07/25 | - | - |
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Assigned Schools
These are the assigned schools for Owen Rd.
- Milan Elementary School
- PK-6
- Public
- 356 Students
5/10GreatSchools RatingParent Rating AverageN/AParent Review17y ago - Milan High School
- 7-12
- Public
- 297 Students
5/10GreatSchools RatingParent Rating AverageI had an awful experience with Milan C-2, which is unfortunate given the excellent student body and diverse culture of the district. Most of the teachers are very caring and supportive, and work hard to help students succeed, especially the students with special needs. The issues come from the top down. Administration is horribly out of touch with the students, and cultivates a toxic, clique based mentality. HR is the most unprofessional and rude of any school district I have ever worked for, which harkens back to the clique mentality. The students simply deserve better, and so do the teachers. Striving for Excellence means evaluating the top of the hierarchy as well.Other Review1y ago 
Check out schools near Owen Rd.
LGBTQ Local Legal Protections
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 2026-05-27 14:48:41 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
Listing Information presented by local MLS brokerage: Zillow, Inc., local REALTOR®- Terry York - (913) 213-6604
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.