Price reduced on this 87 acre tract in Ray County, Missouri! Located on Highway 13 north of Richmond, this farm has 72.5 tillable acres that are currently enrolled in CRP, a 3/4 acre stocked pond, excellent asphalt road frontage, and 15 acres of timber. The CRP contract has 8 years remaining at $191.30 per acre providing $13,867.34 of income per year. This is an extremely well-rounded farm that would provide options for an investor, a farmer, or an excellent build location.
Providing several options, a landowner can hunt, fish, and build overlooking a gorgeous view next to the pond directly off the blacktop. The pond is positioned near the northwest corner where someone could have a nice drive off of Highway 13, past the pond built on top of the hill overlooking the farm to the east and the pond to the west. Utilities include public water, fiber, and electricity at the road giving you ...
Providing several options, a landowner can hunt, fish, and build overlooking a gorgeous view next to the pond directly off the blacktop. The pond is positioned near the northwest corner where someone could have a nice drive off of Highway 13, past the pond built on top of the hill overlooking the farm to the east and the pond to the west. Utilities include public water, fiber, and electricity at the road giving you the ability to tie in where a new owner decides.
From a farming perspective, there is an option to buy out the CRP contract and have a productive farm with 72.5 crop acres. There is an opportunity to clear out some of the brush and timber and expand the number of tillable acres to 95% tillable farm. The soils on the tillable land is predominantly a mix of Class II and Class III soils and it is terraced on a portion of the farm. It would have excellent Highway 13 road frontage, be a strong yield producer, and long-term appreciation would be excellent given the location.
From the investor's standpoint, the annual income is guaranteed through the current CRP contract expiring in September of 2031. Not only does it have productive soil with a strong CRP rate, but the property has all kinds of recreational use. Hunting would include whitetail, turkey, quail, pheasant, and possibly waterfowl. We jumped a huge covey of quail taking photos and multiple whitetails have been taken on the farm. The annual return would increase as this would bring a strong hunting lease option and with the convenient blacktop access and multiple entry points, this farm will continue to become more valuable for potential development.
This property will not last long. It checks several boxes for any buyer looking to own a well-maintained investment and recreational farm with an option to build in a convenient location on Highway 13. For more information and to schedule a private showing, contact Land Broker, Will Wiest.
Property Features
-87 surveyed acres in Ray County Missouri
-Long-term investment farm with recreational Use
-Excellent build location overlooking pond on blacktop
-Hunting including whitetail, turkey, and upland
-3/4 acre stocked pond near the road
-Gorgeous gently rolling dense CRP grassland
-15 +/- acres of timber
-745 feet of asphalt Highway 13 frontage
-72.49 acres of CRP at $191.30/acre expiring 09/30/2031
-$13,867.34 of income before a hunting lease
-Soils are predominately Class II and Class III
-Located 8.5 miles north of Richmond
-Electricity, water, and fiber available