LEWIS COUNTY MO 378: GT Sharp
This 378+/- acre property (GT Sharp) is located in Lewis Co. MO, just north of Labelle on Highway K. There are currently 340+/- acres in tillable production, and the current farmer will continue to work the property and pay 200.00 an acre cash rent for that right. This produces $68,000.00 of income annually, and a return on investment of 3.59% at asking price.
Soil types on the property are Kilwinning silt loam at 28.6%, and a 1% to 5% slope, Keswick loam at 23.9% with a 9% to 14% slope, and Lindley loam at 21.6% with a 14% to 20% slope.
Dont let the open terrain fool you when it comes to deer on this property. The area has a very high deer density, and rutting bucks will cruise these draws in their travels looking for does. Even better would be if some of the grain could remain un-harvested, and when the snow flies, deer from surrounding farms would make this place home. Having said t...
Dont let the open terrain fool you when it comes to deer on this property. The area has a very high deer density, and rutting bucks will cruise these draws in their travels looking for does. Even better would be if some of the grain could remain un-harvested, and when the snow flies, deer from surrounding farms would make this place home. Having said that, a $10.00 an acre hunting lease could add to an already nice return on investment.
There is an additional 4+/- acres, with 5, 80,000 bushel grain bins that can be purchased for $875,000
The 35+/- acres on the south side of route K can be bought separately for $5000.00 per acre
Hard road access
Electric at property
High production ground
Property listed at $1,890,000.00 or $5000.00 per acre
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More by Bill Ziercher
