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3447 Highway M

Miller, MO 65707

3 beds
2 baths
2,035 sqft
~208 acre lot
$894 per sqft
1964 build
– on site

The numbers make sense on this one. New investment opportunity in the Agricultural sector on a +/- 10% CAP rate farm. FARM: This alfalfa-hay & grain operation features majority Class 2 soils with 50% of the farm having a NCCPI (National Commodity Crop Productivity Index) above 78.5 and 31% having a NCCPI above 86.6. The farm has approximately 46 acres of fertile bottom land adjacent to Turnback Creek in the ''Dapue Silt Loam'' soil profile, which is considered ''Prime Farmland'' by the NRCS. Save the expense of establishing a productive alfalfa stand by purchasing an existing operation that has the fertilization and management history necessary for a top producing farm. FINANCIAL: This site's yield history should attract both active and passive agricultural producers. 2024 crop rotation had Wheat, Double Crop Soybeans, and Alfalfa for baleage. We estimate a 10 percent Capitalization Rate and a potential Internal Rate of Return of nearly 16.5%. Owner financing available. Call broker for full in-depth financial analysis. IMPROVEMENTS: Take advantage of depreciation with several property improvements including service roads, a 75x100 red-iron hay barn, a 65x100 red-iron barn, other equipment barns, water well, and an all brick 1,855+/- square foot home with 3 bedrooms and 2 bathrooms.

Listing courtesy of SOMO / Reece Commercial - Springfield

Last checked: Checking… • Last updated Mar 28, 2025 •

MLS# 60290231 —

The Building

Year Built:

1964
Architectural Style:

Ranch
Construction Materials:

Brick
Roof:

Asphalt
Foundation Details:

Block
Basement:

Unfinished, Partial
Basement:

true
Patio And Porch Features:

Covered Deck/Porch
Above Grade Finished Area:

1855
Building Area Total:

2035

Interior

Interior Features:

Wash/Dry Connection, Laminate Counters, High Speed Internet
Flooring:

Carpet, Laminate
Fireplace:

true
Fireplace Features:

Gas

Location

Directions:

West on HWY 96, North on HWY M, Property on West after ''S'' Bend.
Latitude:

37.224525
Longitude:

-93.710867

The Property

Parcel Number:

026113000000001000
Property Type:

Farm
Property Subtype:

Single Family Residence
Lot Size Acres:

208
Topography:

Gently Rolling
Current Use:

Crops, Pasture, Farm
Water Body Type:

Pond(s),Yr Rd Creek,Spring(s)
Fencing:

Barbed Wire
Other Structures:

Hay Barn, Barn(s), Outbuilding, Dairy Barn(s), Silo(s), Machine Shed
Road Frontage Type:

State

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

4123.94

Beds

Total Bedrooms:

3

Baths

Total Baths:

2
Full Baths:

2

Heating & Cooling

Heating:

Central
Cooling:

Central Air

Utilities

Utilities:

Cooperative
Sewer:

Septic Tank
Water Source:

Private Well

Schools

Elementary School:

Miller
Middle Or Junior School:

Miller
High School:

Miller

The Community

Subdivision Name:

N/A

Parking

Garage:

true
Garage Spaces:

2

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
3/27/25 Mar 27, 2025	Listed / Active	SOMO	$1,820,000

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This plot of land located in MO 65707 is currently for sale for $1,820,000. 3447 Highway M is a 2,035 square foot plot of land with 3 beds and 2 baths that has been on Estately for 18 days. This plot of land is in the attendance area of Miller Elementary School and Miller High School.

Listing Courtesy of: SOMO and Reece Commercial - Springfield.

The data relating to real estate for sale on this web page comes in part from the Internet Data Exchange (IDX) of the Southern Missouri Regional MLS, LLC , Inc. Real estate listings held by Brokerage firms other than Estately, Inc., are marked with the IDX logo and detailed information about them includes the name of the listing Brokers. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information being provided is not guaranteed, and all information should be verified by the consumer. Any representation that a web site contains all listings shall only mean that the web site contain all listing available to the public through the IDX data feed. There may be other properties offered through a REALTOR® that have not been displayed on this site. © 2025 Southern Missouri Regional MLS, LLC All rights reserved.