TBD Highway Z , Lathrop, MO 64465 (Caldwell County)

Size: 160 Acres

Type: Farms and Ranches, Horse Property

Productive Quarter Section Tract With 3 Ponds and a Pole Barn

What an incredible quarter section of pasture! This 160 +/- acre farm has 142 acres in pasture, 6 acres of water between three ponds, blacktop highway frontage on two sides, multiple gated access points, a 100'x70' pole barn, and is fully fenced and cross-fenced. It is a truly great cattle farm, but it also has significant potential to be converted into tillable cropland. The farm lays extremely well, has excellent access on 3/4 mile of blacktop frontage, a gentle slope, and excellent water control. Less than 1 hour from Kansas City, this farm is situated in western Caldwell County on blacktop Highway Z, just 2.5 miles north of Highway 116.

From a cattle grazing standpoint, the farm offers 142 FSA designated open acres of grassland, ample water, including a 3-acre pond, a 2.5-acre pond, and a 0.5-acre pond, areas to winter out of the predominant winds, areas to shade along the west fence line, and a handful of mature oaks scattered throughout the farm. There is new fence around the perimeter with a 40-acre parcel that is cross-fenced. There are currently two gated access points from Highway Z.

With a minor amount of work, this farm could be a very clean tillable tract. The majority of the farm consists of class III silty clay loam soils with a 5-6% slope and the remaining is in class II soil with a 1-2% slope soil. The 3-acre pond serves as the source of Goose Creek, allowing erosion and water to be controlled. From an investor's perspective, it would be conservative to estimate the income on the farm to double if placed into crop production. The ground elevation is high, offering good views of the vast landscape. A very nice place to build on blacktop Highway Z is situated overlooking the pond. The buyer will have an open landscape with productive soils to design the home and farm of their choosing. Overall, this improved grass farm provides the new owner a great addition for their cattle operation, hay ground, or potential tillable cropland. I am honored to bring this clean pasture quarter section of land to market. Call Will Wiest for additional information and to schedule a showing!

Property Features

-160 +/- acres

-142 FSA acres of grassland

-Grassland is currently used for grazing and hay production

-Great potential for tillable cropland production

-Pasture is leased through Feb 28, 2023 at $72/acre

-Annual pasture income: $10,276.78

-3/4 mile of blacktop highway frontage

-6 total acres of water, split between 3 ponds

-3-acre pond, 2.5-acre pond, and 0.5-acre pond

-100'x70' pole barn with electric

-2 gated access points

-Fully fenced and cross-fenced

-Mature fence line of hedge on west boundary

-Jumped several deer on the farm

-Utilities are available

-Mirable school district

-2020 taxes: $449.13

-Highway 116 is 2.5 miles south

-I-35 is 5 miles west

From elevation to owner history

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Directions

From Kansas City take I-35 North to Highway 116, 6 miles to Highway D. Take Highway D north 3.5 miles to Highway Z. Take Highway Z West 1.5 miles to property on north.