0 S Mine La Motte Ave

About this home

Incredible Investment Opportunity! This 81 +/- acre property offers unmatched investment potential, as it backs up to the largest cobalt mining reserve in North America. The surrounding cobalt mines hold an estimated 72 million pounds of recoverable cobalt, as well as over 100 million pounds of nickel and copper. The ability to own this property including the mineral rights makes this an exciting investment opportunity. These 81+/- acres also lay just outside of town, offering a great opportunity to create a new subdivision, with access to public water and sewer. In addition, the location offers great recreational opportunities, as it is just a short drive from castor river shut ins, as well as Fredericktown city lake. If you are looking for good deer hunting, this property is full of whitetails. With thick bedding habitat throughout, this farm has the ability to hold big bucks and offers several great food plot locations. The possibilities with this farm are endless. Whether you are looking for an exciting investment opportunity with the mining potential, a place you can build a new subdivision, or simply a hunting and recreational property, this is a must see!

Property details

County

Madison

Subdivision

n/a

Lot size

81 acres

Days on market

336

Annual taxes

$61.37

Schools

School district

Fredericktown R-I

Elementary

Fredericktown Elem.

Middle

Fredericktown Middle

High

Fredericktown High

Location