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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 2397266
Sold Date 09/26/22
Annual Tax Amount $191
Lot Size 122.000 Acres
Acres 122.0
Property Description
PRICE REDUCED, MOTIVATED SELLER! Here is an excellent CRP farm that will provide a new owner a 3.8% return on investment beginning in 2023. This farm sits just South of Highway 136, West of Unionville, MO. Of the 122+/- total acres 98.2+/- are currently enrolled in CRP. The contract is currently being renewed for another 10 years through 2032 at a projected rate of $146 per acre, providing steady income. This property also includes a hunting lease that pays $4,500 annually. Should a new owner decide to hunt the property there is plenty of bedding cover and the long wooded draw through the middle of the property provides an excellent travel corridor. The NW corner of the property includes a large pond that provides excellent fishing and duck hunting opportunity. If you’ve been looking for a nice hunting property that provides great income then give this place a look! 2023 Income Projections:
CRP- 98.2 acres at $146 an acre= $14,377 (new contract 2023-2032)
Hunting- Annual payment of $4,500
Total- $18,887 annually (3.8% return at asking price)
Hunting Rights:
The farm is leased for hunting at a rate of $4,500 annually. This lease will expire January 15th 2023. New owner to honor existing hunting lease.
Location
State MO
County Putnam
Zoning AG
Interior
Fireplace N
Exterior
Fence Barbed Wire
Building
Lot Description Acreage, Pond(s)
Sewer No Sewer
Water Unknown - Verify
Schools
School District Putnam County 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