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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 2391333
Sold Date 08/16/22
Annual Tax Amount $101
Lot Size 40.000 Acres
Acres 40.0
Property Description
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.
Location
State MO
County Daviess
Zoning AG
Interior
Fireplace N
Building
Lot Description Acreage
Sewer No Sewer
Water No Water, Rural - Verify
Schools
School District Pattonsburg
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