Rural , Ridgeway, MO 64481(Harrison County)

Highly Tillable Small Tract For Sale

Property # 74810

Looking for an excellent opportunity to own a piece of ground in Northwest MO all while getting a nice ROI? Look no further! This 40 acre tract consists of 36 acres tillable. The current owner has cleaned the farm up, as it's coming out of CRP, and is going to be put into production next spring. It consists of Class II & III soils. Soils include Grundy Silt Loam, Lamoni Clay Loam & Shelby Clay Loam. There is also a nice .66 acre pond on the property.

The owner would love to lease the farm back at $190/acre for the next 3 years. This would generate a whopping $6,840/year or 3.26% ROI.

Features Include:

- Predominantly Class II & III Soils

- 90% tillable

- 3 year optional lease for $190/acre

- 3.26% ROI at list price

- $6,840 annual income

- .66 acre pond

- Farm has been cleaned up

- Rural Water and electric at the road

For more information on this property...