Land for Sale - Old River Road, Zalma, MO 63787 - 278.67 acres

Old River Road 278.67 Acres of Pure Opportunity

Old River Road, Zalma, MO | Lat/Lng:  37.1496, -90.0841

$2,000,000
278.67 ac.
06/12/2025
ACTIVE
Main Listing ImageMain Listing Image

Description

Pleased to offer you the chance to purchase this 278.67 acres of untapped potential nestled along the beautiful Castor River (approximately 1.6 miles of river frontage). This rare blend of productivity and wilderness offers 191 acres of prime tillable farmland (all but a few acres are also irrigated), with the remainder wrapped in mostly hardwood timber. The wooded portion is home to an abundance of wildlife and natural beauty. This is not just any farmits an income-producing recreational paradise. Whether youre fishing for smallmouth on the banks of the crystal clear Castor River or setting your sights on mature whitetail and wild turkey, this property is teeming with opportunities for an outdoor adventure. Its prime location and easy river access make it a sportsmans dream come true. Investors take note: At a cash rent rate of $250/acre, youre looking at a steady annual return, not including the potential for additional income through hunting leases. Pair that income with extremely low property taxes of just $301.66 annually, and you are looking at a great investment opportunity. The well-draining riverfront cropland sits outside of the flood-risk zones for crop insurance, making this a low-risk, high-reward purchase. Surrounded by quality hunting and located in a major migratory flyway for waterfowl (Middle Zone), this property is also poised for easy conversion into a duck and goose haven with minimal development. If 278 acres isnt enough, the adjacent 70 tract could be purchased for more recreational opportunities. Old River Road isnt just a propertyits a legacy in the making Property Address: 000 Old River Road Zalma, MO FEATURES 1.6 miles of Castor River frontage Extremely low taxes Tons of wildlife Excellent Smallmouth Bass fishing 4 turbines with underground piping 191 tillable acres with almost all being irrigated Adjacent farm is available for additional recreational acreage Good cash rent Recreational lease potential for additional income Not determined flood zone for crop insurance purposes Multiple access points to property DISTANCES Situated on the Upper Castor River in Zalma, Mo Maple Flats Conservation-.08 Miles Castor River Conservation Area- 3 Miles Duck Creek Conservation Area- 5.75 Miles Mingo National Wildlife Refuge- 7.36 Miles Advance, Mo- 10 Miles Coldwater Conservation Area- 12 Miles Mark Twain National Forest- 13.75 Miles Cape Girardeau, Mo- 30 Miles St. Louis, Mo- 102 Miles Memphis, TN- 140 Miles

Details

CountyBollinger
Zipcode63787
Property Type OneRecreational Property
Property Type TwoHunting Land
BrokerageBase Camp Country Real Estate Inc.
Brokerage Linkhttps://www.basecampcountry.com/agent-cody-dirnberger/?utm_source=Profile+Page&utm_medium=Cody+Dirnberger&utm_campaign=Land.com
Land Listing Agent Photo
Cody Dirnberger
Base Camp Country Real Estate Inc.
(573) 531-2445
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