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0 S Mine La Motte Ave, Cobalt, MO, 63645

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!

Subdivision: n/a

List Price

$ 900,000

Status

Active

Days on market

0

MLS#

25052141

Bedrooms

0

Full baths

0

Subdivision

n/a

Municipality

Cobalt

School District

Fredericktown R-I

County

Madison

Property Type

Land

Type

Land

Additional Information

Property Tax (2024)

$61

Recent Nearby Sales in 63645

Last 6 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
1670 Business Highway 67, Unincorporated, MO 63645 2/1 768 $145,900 $145,900
100% of ask
Sep 4, 2026
115 E Marvin, Fredericktown, MO 63645 2/1 816 $124,900 $132,000
105.7% of ask
Sep 3, 2026
2101 Madison 9236, Unincorporated, MO 63645 2/2 1,344 $550,000 $535,000
97.3% of ask
Sep 3, 2026
205 Southwood Avenue, Fredericktown, MO 63645 3/1 1,400 $164,900 $159,900
97% of ask
Sep 1, 2026
811 Andrews Street, Fredericktown, MO 63645 2/1 1,052 $95,000 $100,700
106% of ask
Sep 1, 2026
504 Albert St, Fredericktown, MO 63645 0/0 -- $17,500 $13,500
77.1% of ask
Sep 1, 2026

Price & Listing History

Listed for sale
Jul 29, 2025 at $900,000
Current status: Active
As of Jul 15, 2026 · $900,000

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