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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 2340325
Sold Date 12/31/21
Annual Tax Amount $928
Lot Size 143.000 Acres
Acres 143.0
Property Description
Midwest Land Group is proud to offer this highly productive 143 acre farm located in the Missouri River bottoms in Ray County, Missouri! This farm has a lot of history being in the Brazeal and Franklin family for nearly half of a century and is a picturesque view of high quality farmland in the Midwest. The farm offers 133.54 tillable acres that are leveed protected and easily accessible from Egypt road, west of Orrick and south of Hwy 210. This farm is a strong producer and would make a very sustainable purchase for an investor looking to buy and hold.
The existing tenant and his family have been the operator on the farm since 1978! The tenant takes great care of the farm as if it is his own and would like to continue to farm it for a new buyer. The existing agreement is a 50/50 crop share and expires at 2021 harvest, however the tenant would consider a cash rent or crop share agreement going forward with a new buyer. There are several established and competing grain markets located in the region along the Missouri River stretch in Ray, Clay and Carroll County. The farm is predominantly Leta Silty Clay and Haynie silt loam Class II soil with an overall NCCPI of 56.2. The farm is within the Egypt Levee District and Tri County Drainage District. The farm has been improved with drainage pathways on the perimeters and road access points to either side of the levee.
U.S. Fish and Wildlife Land adjoins the land to the south. This farm would give a new owner access but also attract hunting lease options for waterfowl and deer as well as recreational use of the US Fish and Wildlife property. The listing agent can assist the buyer in structuring a farm and hunting lease to secure a rate of return for multiple years in the future and assist in connecting the buyer to a local agricultural lender with favorable terms if desired. 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 Ray
Zoning Ag
Interior
Fireplace N
Building
Sewer No Sewer
Water Other
Schools
School District Orrick
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Dennis Prussman
Owner, Realtor, Auctioneer | License ID: 2010040934
Owner, Realtor, Auctioneer License ID: 2010040934