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Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 2355692
Sold Date 02/02/22
Annual Tax Amount $254
Lot Size 146.000 Acres
Acres 146.0
Property Sub-Type Land
Source hmls
Property Description
Not often does a farm of this caliber came to market in DeKalb County, MO! Located in Eastern DeKalb County, MO and just under a 1 hour drive north of Liberty, MO lies this excellent 146 +/- acre recreational and investment farm. This property consists of 104+/- tillable acres with the remainder in timber. A new owner could easily gain 5+/- acres of row crop production with minimal work. This146+/- acre tract offers multiple beautiful build sites, massive amount of field edge, bedding areas, pinch points, timbered ditches, mature oak timber and draws, paired with a new 3 year cash rent contract! While touring this farm it is clearly evident that deer and turkey heavily utilize all this farm has to offer and after touring this farm it is easy to see why! The 104+/- acres of row crop production is bringing in $185/tillable acre or $19,240 annually and is leased until Dec 30th 2024! There is 11+/- acres in CRP until 2022. Because of this the 2022 crop lease is for 93 acres and the following two years is for 104 acres. The cash rent is paid 1/2 on April 1st and the second half on November 1st of each year. With a new 3 year lease in place this will make the recreational buyer a great investment! For the investor wanting to lease out the hunting rights you could easily get a $3000 annual hunt lease to add additional ROI. With the way this farm lays it offers multiple great cabin and home sites. If one wanted you could easily split off the eastern 28 acres and sell separately as a hill top build site. You will find that water and electric are both located right at the road to hook into. There is a long ridge running across the center of the farm with multiple timber draws, ditches, and secluded fields falling off the west end of this ridge. This property has a good amount of bedding areas, thick draws, good timber, small fields and pinch points to allow multiple hunters the opportunity hunt this farm! Over all this is a very well-rounded farm and has much to offer!
Location
State MO
County Dekalb
Zoning NONE
Interior
Fireplace N
Building
Sewer No Sewer
Water No Water
Schools
School District Maysville R-I
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




