40+/- Acres, Good ROI, Highly Tillable Upland with Nice Build Site

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Sold:

Price: $280,000

Property Location: Drake Avenue, Pattonsburg, MO 64670
County: Daviess
School District: Pattonsburg R-II

Download Documents:
Aerial Surety
Aerial Tillable
Soil Map

Acres:
40+/- Taxed Acres
35+/- FSA Tillable Acres

CRP Information: N/A

Taxes: $100.63 to be verified by the purchaser

Property Features:
88% Tillable Upland Farm
3% ROI at the Asking Price
Good Terraces & Grassways
Nice Hilltop Building Site just 1/4 Mile off Blacktop
Rural Water & Electric Available at the Road

Property details:
Here’s a good return on investment opportunity on a highly tillable, but affordable, 40+/- acre tract located just a 1/4 mile off HWY PP, near Pattonsburg, MO. Of the 40+/- total acres, 35+/- acres are in row crop production. The current owner/farmer would lease-back the tillable acres at a rate of $240/acre for a period of three years (a 3% ROI at the asking price). If a new owner want’s to farm it himself, or has his own farmer, the farm can be open for the 2023 farm season. The farm lays good, offer good terraces & grassways, a small pond, and easy access. If you’re looking for a place to build a new home, this farm has a great hilltop location with nice southern views of the farm. Rural water and electric are both available on Drake Avenue. 

Directions: From Pattonsburg, MO, north on HWY PP, west on Drake Avenue.

Request more information about this property:

Realtor: Dennis Prussman,
Phone: (816) 262-6178,
Email: dennis.prussman@gmail.com

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