LEWIS COUNTY MO 81.5: Smith Labelle
This 81.50 acres (Smith Labelle) is located just outside of Labelle, MO in Lewis County. The property has hard road access on highway 6, with electric/water available as well. There is currently 65+/- of the acreage in tillable production, and the current farmer has offered to continue to work the property for the new owner, and pay $200.00 an acre for 3 years for that right, or $13,000.00 annually. With these numbers, the return on investment is 2.90% return on investment. The property should support a $10.00 hunting lease, making the return 3.08%.
The soil here is 38% Keswick clay loam with a 9% to 14% slope, 35% Kilwinning silt loam with a 1% to 5% slope, and 13% Putnam silt loam with a 1% to 3% slope.
The deer hunting here is solid as well, with a nice block of timber on the property, and a good tract to the north. Food will be the key here, and with the property planted in corn/be...
The deer hunting here is solid as well, with a nice block of timber on the property, and a good tract to the north. Food will be the key here, and with the property planted in corn/beans annually, there should be plenty of that. There are some areas where a food plot would be ideal, and that is surely to pull deer from neighboring properties.
Largely tillable tract produces a nice return on investment
Property has solid deer hunting
165 miles from St. Louis, MO
50 miles from Hannibal, MO
Listed at $448,250.00
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