This 57.10 acres (Brian Whan Bins) is located north of Labelle on highway K. The property has a nice lake that is full of fish, hard road access and electric.
Much of this property is tillable ground, with 35+/- acres currently in tillable production, and the current farmer has offered to continue working the ground. This farmer is will agree contractually to a 3 year deal at $200 per acre for that right, or $7000. This produces a 2.72% return at asking price.
The soil here is 52.8% Keswick clay loam with a 9% to 14% slope, and Armstrong silt loam at 28%, with a 5% to 9% slope.
Beautiful lake stocked with fish
Nice building site overlooking lake with Highway K frontage
6 grain bins can be purchased for an additional $120,000
165 miles from St. Louis
Property is listed at $256,950.00
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