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360.8 Acres/ Macon County, MO

This 360.8 Acres tillable tract is conveniently located on the south side of Hwy 36 just west of New Cambria Missouri. There is an entrance off of Highway 36 or Canoe Rd that will take you into the heart of the property. The property features rolling tillable hill ground. The farmer has stated they are currently farming 305 tillable acres. A 5-year cash rent has been put in place for $256/Acre or $78,250 in yearly income, running from 2023-2027. This property is located right in the heart of excellent Whitetail deer and wild turkey hunting land. If you're not wanting to hunt it yourself, a $5,000 - $7,500 hunting lease would raise the annual income to $83,250 - $85,750. This would make the farm a 3.69% - 3.8% ROI at the asking price. Farm has been surveyed. Call or text Andy Boyer 636-295-1476 for your own private showing. * Property lines are thought to be accurate but are estimated. *

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Contact Seller
Boyer Land Company

Memphis, MO

(636) 295-1476

Provided By

Boyer Land Company, (636) 295-1476
Source: MLS# 360.8 Acres/ Macon County, MO
Listing last updated: October 5, 2023 at 8:24 AM
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