Investment Farm in CRP With Great Access
This is a solid investment property in a desirable and convenient location that lays well, has good soils, and road frontage on two sides, providing several options for a new owner. This 80 +/- acre parcel contains 67.58 acres in CRP that produce $8,978 in annual income through September 30, 2024. This would be a good property to expand a current farm operation after CRP expiration, an investment purchase, or a potential build site.
From an investor standpoint, this tract has a 2.91% ROI prior to a hunting lease. The CRP rate is $132.85 per acre, which is significantly below the average crop cash rent for the local region. The majority of the farm is a 2-9% slope and is a mix of class II and class III soils. This farm would steadily provide near a 3% ROI until the CRP expires, and then it would be realistic to expect the return to increase significantly beginning in 2025. This property is...
From an investor standpoint, this tract has a 2.91% ROI prior to a hunting lease. The CRP rate is $132.85 per acre, which is significantly below the average crop cash rent for the local region. The majority of the farm is a 2-9% slope and is a mix of class II and class III soils. This farm would steadily provide near a 3% ROI until the CRP expires, and then it would be realistic to expect the return to increase significantly beginning in 2025. This property is also a good investment purchase due to the rapidly appreciating location of the farm. Just 3/4 mile east of Highway 69 and 2 miles north of Highway 116, this farm is 45 minutes from Kansas City! With 3/4 mile of road frontage on two sides, it has excellent access and is also a prime candidate for subdividing if a new owner ever desired to do so.
The CP1 CRP provides wildlife cover, looks excellent, and is putting nutrients back into the soil. The property was loaded with deer beds throughout the dense CRP cover. This farm would also be a good build option with easy access and several build site locations. Picturesque views, great income, easy access, and solid hunting, this farm has several options for a new owner. For more information and to schedule a private showing, contact land broker, Will Wiest!
Property Features
-80 +/- acres in Caldwell County, Missouri
-67.58 acres of CP1 CRP paying $132.85 per acre
-CRP Income is $8,978 annually and expires on September 30, 2024
-2.91% ROI before hunting lease
-10 +/- acres of timber, including oak and walnut
-Hunting rights are open
-Picturesque views of gently rolling landscape
-Deer, turkey, and quail hunting
-3/4 mile of road frontage on 2 sides
-2020 taxes: $242.61
-3/4 mile east of blacktop Highway 69
-45 minutes from Kansas City
-2 miles north of Highway 116 near I-35
From elevation to risk assessment
Search for detailed parcel information including; Elevation & Vegetation Maps, Ownership Information, Detailed Parcel Information, Crop History Map, Soil Survey Productivity Data, and more.
Research Parcel InformationDirections
From Kansas City: Take I-35 to Highway 116. Take 116 east 2 miles to Highway 69. Take 69 north 2 miles to 272nd. Turn right (east) and go 3/4 mile to the property on the south side of the road.
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