Explore Land
Search By State
Finance
Find an Agent
Advertise
View all 2 pictures

240 Acres, Milan Mo

Very high potential for investment!!!! It's time to step up and take an opportunity with windmills having a high potential of going in. Here is a nice 240-acre farm located in Sullivan County, Missouri. It has highway frontage along with Pearl Road on the south. The southern portion of this land lays well. There are two nice stocked ponds. This farm has 200 m/l acres tillable that is share cropped with a local farmer. In 2019 the beans made right at 55 bushels to the acre. If you were to sell you 1/3 of the bean crop for $9.50 that would equal out to $175 per acre or $35,000.00. There is a hunting leases running at $15.00 per acre would add another $3,600.00 income. There are possibly two proposed windmills bringing in $20,000.00 a year so the total possible income would be $58,600.00 and a 4.9% return at asking price. Or a 3.2% return without windmills going in at full asking price. Pl...

Read More

From elevation to risk assessment

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 Information

Resources

Links
Property Website

Unlock the full LandWatch experience

Have an account?Sign In

Contact Seller
Boyer Land Company

Memphis, MO

(636) 295-1476

Provided By

Boyer Land Company, (636) 295-1476
Listing last updated: February 5, 2022 at 6:44 PM
Report this listing

More by Andy Boyer