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Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
Subdivision None
MLS Listing ID 2460854
Sold Date 11/30/23
Annual Tax Amount $145
Lot Size 68.680 Acres
Acres 68.68
Property Description
Located a short drive South of Braymer, MO on the Ray/Carroll County line lies this highly tillable 68.68+/- acre row crop farm! The farm is nearly 95% tillable boasting approximately 65 tillable acres in production on a bean/corn rotation. The farm has been very well maintained and is in great shape. Terrace and tiling was installed in 2021 further improving the farm. The farm is open for the 2024 crop year, but the tenant has expressed a large interest in renting the farm back on a 1-5 year year lease at $200/tillable acre. This presents a cash rent income of $13,000. A strong potential for an annual hunt and fish lease is very possible as well for additional income boosting the overall ROI making this a great investment whether you're a local farmer or an investor looking to add another highly tillable tract to your portfolio. At list price the farm sits at a 3% return without a hunt/fish lease.
The pond on the farm is clear and in great shape. It is fully stocked as well providing some recreational value! As we toured the farm and got photos I decided to fish the pond. Nearly every cast a fish was caught! Located behind the pond is a nice active well. The farms near by on all sides provide a ton of cover for wildlife, additional food, and it is evident by the buck rubs along the south tree line that deer frequent this farm. It is clear while touring the farm that harvesting whitetail on the farm is high probability. Utilities are located along the road as well. You do not want to miss out on this great investment!
Owner/Broker
Location
State MO
County Ray
Interior
Fireplace N
Building
Lot Description Acreage, Pond(s)
Water Rural
Schools
School District Braymer C-4
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