Income Producing Tillable Farm Investment Opportunity In Southern IL
PRICE REDUCED!! Small tillable farm located in a high production area with a soil productivity index of 111. The soil type is primarily Bonnie Silt Loam and Dupo Silt Loam. The topography has a very subtle roll that makes the most out of every acre. A drainage ditch and creek provide good water drainage throughout the tract. It is currently rented on a 2/3 – 1/3 sharecrop. In 2018 soybean production provided approximately $130/acre to the owner, 2017 corn production provided approximately $157/acre to the owner and in 2016 soybeans provided approximately $122/acre to the owner. The 2020 farming rights have been reserved with income being negotiable. It has road frontage on Shumaker Road with established entry points for farm equipment. If you’re looking for a solid investment tract in an area of high row crop production, give us a call today and schedule your private tour!
Property Featur...
Property Features:
- 100% tillable investment tract
- Located in a high production area
- This is the first time this acreage has been for sale in GENERATIONS
- The soil is Primarily Bonnie Silt Loam and Dupo Silt Loam
- Currently rented on a 2/3 -1/3 share crop
- Farming rights are reserved for 2020
- 2018 soybean = $130/acre to owner
- 2017 corn = $157/acre to owner
- 2016 soybean = $122/acre to owner
- Crop productivity index of 111
- Survey was recently completed
- Road frontage on Shumaker Road
- Established entry points for farm equipment
- 30 minutes from Cape Girardeau, MO – 2 ½ hours from St. Louis, MO – 3 hours from Nashville, TN
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