The land contains a total of 72 taxable acres and will be sold in 1 tract. The property offers an excellent development opportunity with its proximity to Hannibal, MO. Whether you're seeking a smart investment, a place to build your dream home, or a unique recreational retreat, this property offers unmatched potential. Its ideal location along a major highway corridor, combined with natural beauty and development appeal, makes it one of the most desirable land offerings in the region.

TRACT INFORMATION

72 taxable acres

FSA maps should indicate approximately 25.56 cropland acres

Soil Productivity Index (NCCPI): 77.8 (cropland acres)

Soil type Menfro

Four-bedroom, three-bathroom home on a partial basement.

Open side equipment shed near the home

Balance of the acres is wooded with mature trees and offers excellent hunting and outdoor recreational opportunities

Access along US Highway 61N

RESIDENCE AND IMPROVEMENTS

The residence is situated toward the center of the property. The home sits on a solid foundation and may require some moderate renovation, but it remains a valuable asset to the tract. Its central location, along with highway frontage and proximity to Hannibal, enhances the property's appeal for future development. This site offers excellent potential for residential or commercial expansion in a growing area.

RECREATIONAL & INVESTMENT POTENTIAL

With a blend of cropland and mature timber, the land is well-suited for hunting, recreation, and long-term investment. The propertys strategic location along US Highway 61 makes it highly attractive to developers and investors looking to capitalize on growth near Hannibal and Palmyra.

SUMMARY

The Glenn G. Gordon real estate offers a rare opportunity to acquire a sizable, well-located tract of land in a growing area of northeast Missouri. Whether youre a developer, investor, farmer, or outdoor enthusiast, this property has the location, diversity, and potential to meet a wide range of goals.

METHOD & TERMS

The Glenn G. Gordon real estate will sell on a per acre basis, based on 72 taxable acres, and will be offered in 1 tract.

Immediately following the auction, the successful buyer will be required to enter into a written Real Estate Sales Contract with the seller and pay ten percent (10%) of the bid price as a non-refundable down payment which will be held in escrow until closing. The balance of the bid price will be due at the time of closing, on or before August 29, 2025.

The seller will provide title insurance in the full amount of the purchase price and pay the 2024 real estate taxes, due and payable in 2025. The 2025 real estate taxes will be prorated to the closing date. Possession at closing subject to an existing crop lease for the 2025 crop year only. There are no hunting leases associated with the property.

Bidding is NOT subject to any contingencies, including but not limited to financing, appraisal, or inspection. All announcements on sale day shall take precedence over any prior advertising, either written or oral. The information in our brochure, on our website, or in our advertisements is believed to be accurate; however, no liability for its accuracy, errors, or omissions is assumed. All lines drawn on maps, photographs, drone video, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties made by the seller or Sullivan Auctioneers pertaining to this property. Real estate is being sold "AS IS".

Closing & Title Work:

Accurate Land Title Co

218 Broadway, Hannibal, MO 63401 | (573) 221-1002

Auction Managers:

Steve Zeiger (573) 231-9802

Dan Sullivan