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Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
Subdivision Other
MLS Listing ID 2318025
Sold Date 10/06/21
Annual Tax Amount $1,204
Lot Size 396.000 Acres
Acres 396.0
Property Description
Midwest Land Group is proud to offer this highly productive 396 acre farm located in the bottoms of the Middle Fork of the Grand River in Gentry County, Missouri! Offering a vast 380 tillable acres, this farm produces strong yields and a high return for an investor. The farm has been very well maintained and looked after as operator’s headquarters is only a few miles away from the farm. There are several established and competing grain markets located in the region with good access to Hwy H and Hwy 136. The farm is predominantly Nodaway County Silt Loam and Colo Silt Loam Soils. The farm lays well with a designated access point, and continues to stretch alongside the river deep off the road . Its a picturesque view of high quality farmland in the Midwest and there is a ton of wildlife sign in these areas along the mature timber and river edges that would offer solid hunting opportunities.
The 380 tillable acres are currently leased for $250 per acre and the operator would like to continue the lease another 3-5 years providing $95,000 of annual income to the landower. There is no existing hunting lease on the farm, however there are leasing options that would provide additional income, or the new owner could enjoy personally hunting the property. The current farm lease provides a return of 3.52% annually! The farm was planted in corn in 2020 and will be planted in beans for the 2021 season. The listing agent can assist the buyer in structuring a farm and hunting lease to secure a rate of return for several years in the future and assist in connecting the buyer to a local agricultural lender with favorable terms if desired.
This farm is Conveniently located 1.8 miles from Hwy H in Darlington, Missouri and 3 miles south of Hwy 136. Rarely do farms get offered to the public in this area of some of the highest quality river bottom land in Northwest Missouri.
Location
State MO
County Gentry
Zoning AG
Interior
Fireplace N
Building
Sewer No Sewer
Water Unknown - Verify
Schools
School District Albany
Others
Acceptable Financing Cash, Conventional, Lease Option, Private, USDA Loan
Listing Terms Cash, Conventional, Lease Option, Private, USDA Loan
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Dennis Prussman
Owner, Realtor, Auctioneer | License ID: 2010040934
Owner, Realtor, Auctioneer License ID: 2010040934