Beautiful income producing farm located about 10 miles Northeast of Kirksville Missouri. This property is gently rolling crop land along with timbered draws and has excellent access. Farm is currently under a cash rental agreement on 230 acres of crop land along with a hunting lease with a nice combined income. The property reflects a 4.4% return on investment, on list price, hard to find in todays market! This farm also has a very nice 6.5 acre lake that is stocked with fish, and 2 other ponds. Plenty of great locations to build a home, or put up a machine shop, and there is water and electricity on the property ready to hook up. Call today for more information or to set up a private showing.
Property Features:
- 303.8 surveyed acres M/L located approximately 10 Miles Northeast of Kirksville
- Farm makeup includes 230 acres of tillable ground, balance in timber, grassy areas and a very nic...
- Farm makeup includes 230 acres of tillable ground, balance in timber, grassy areas and a very nice 6.5 acre lake
- Tillable acreage currently rented for $205 cash rent, total crop income $47,150. Farm is open for 2017 negotiation on crop rental
- Hunting lease on the property in place for $3000 in 2016
- Total farm income $50,150, this reflects a rate of return of 4.4%
- Farm is perimeter fenced and has great access from the North, West and South
- Beautiful 6.5-acre lake on the Southern end of the property, was built in 2013, stocked with Bluegill, Catfish and Walleye
- 2 other ponds on the property
- Timber block on the Northeast side and some timbered draws offer excellent hunting. (Hunting is leased for 2016)
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