681.3 Acres +/- Nodaway County, MO
Row crop farms are hard to find right now, but heres a good one, and it's priced at a 4.09% rate of return. Thats right, a 4.09% rate of return and theres lots of upside potential! Its a combination of two different farms located within a few miles of each other near what remains of the village known as Gaynor. The locations of the individual tracts offer good diversification across a relatively small geographic area. These farms are cash rented through the 2022 farming season and will be available after that. The farms are all in good condition and will make someone a good investment over the years. In addition there are good hunting opportunities each individual tract. Most of the conservation work has been done and this investment will produce a good rate of return year in and year out.
Price: $5,076.09/taxable acre or $3,458,339.13 Total.
This combo is also available in individual t...
This combo is also available in individual tracts. (See information below)
Eckert 560.3 Acres
Price: $2,821,967.71 Total or $5,036.53/taxable acre
Coleville 121 Acres
Price: $636,371.42 Total or $5,259.27/taxable acre
FSA Information:
See the following individual tracts for details.
Improvements:
The farm is unimproved except for the tile lines, terraces, fences and gates.
Taxes/Taxable Acres:
2020 taxes were $2,348.53 on 681.3 taxable acres.
Rental Status:
Both tracts are rented to the current Tenant extending the cash rent Lease through 2022 at the same terms. All farmland cash rent Leases and Hunting Leases of $8,250.00 bring in $121,042.71/year on 538.75 tillable acres. The balance of the farm is timber, ditches and other non-tillable (there are several ponds). This timber makes for excellent hunting and the farms produce good steady hunt lease income each year.
Mineral Rights:
The current owner is not retaining any of the mineral estate beneath the surface.
**See above for the individual information on the two farms in this combo offer!
From elevation to owner history
Search for detailed parcel information including; Elevation & Vegetation Maps, Ownership Information, Detailed Parcel Information, Crop History Map, Soil Survey Productivity Data, and more.
Research Parcel InformationDirections
The farm is a combination of two individual, non contiguous tracts. They are generally located in Northeastern Nodaway County, Missouri. See the plat book pages for more specific details.
Resources
Unlock the full LandWatch experience
Have an account?Sign In
