Are you looking for income generating property for farming or ranching? Are you looking for a solid recreational farm with a return on investment? This 160 +/- acres in Sullivan County, Missouri combines all three possibilities in one offering. There are currently 84.5 acres enrolled in the Conservation Reserve Program (CRP), that has generated $8,458 annually. The CRP contract will expire September 30, 2020. The seller will work with a potential buyer to re-enroll the ground into a new 10 or 15 year CRP contract, if desired. You can also let the current contract expire and convert it back to production row crop. Or, you could let the expired CRP acres continue to grow up to create outstanding habitat for deer, turkeys, and upland game birds. The 80 acres on the west half of the farm have been leased out to a neighboring rancher for grazing. This generates another $1,200 per year. The re...
Are you looking for income generating property for farming or ranching? Are you looking for a solid recreational farm with a return on investment? This 160 +/- acres in Sullivan County, Missouri combines all three possibilities in one offering. There are currently 84.5 acres enrolled in the Conservation Reserve Program (CRP), that has generated $8,458 annually. The CRP contract will expire September 30, 2020. The seller will work with a potential buyer to re-enroll the ground into a new 10 or 15 year CRP contract, if desired. You can also let the current contract expire and convert it back to production row crop. Or, you could let the expired CRP acres continue to grow up to create outstanding habitat for deer, turkeys, and upland game birds. The 80 acres on the west half of the farm have been leased out to a neighboring rancher for grazing. This generates another $1,200 per year. The rental rate has not been adjusted in years. With prevailing rates for pasture grazing running from $30-$60/acre, this income could easily double or triple your revenue!
There are two timbered/brushy draws with fingers on the east side of the farm that are surrounded by CRP. The deer sign in these areas is incredible and they provide excellent pinch points and funnels for hunting. Deer bedding and heavy travel in these areas make movement very predictable. With a couple food plots established, the hunting will simply be amazing on this farm. There are currently three ponds on the farm to provide consistent water sources for livestock and wildlife. This farm is located in the Locust Creek watershed district. In 1990, the landowner signed an easement contract to allow the district to construct (and maintain) a flood water retention dam on part of the property. It is intended to prevent flooding and erosion of land draining into Locust Creek. Based on the maps provided, this looks to have a standing pool of 15-20 acres when completed. There is no required public access and this could be an absolutely incredible fishery on your property that would be built with no dollars out of your pocket. This farm presents so many opportunities and options for use, and at this price point, it will not last long on the market. Call David Brothers at (660) 240-3243 to schedule your personal tour.
Property Features
-160 +/- acres
-Excellent deer hunting
-CRP income at $8,458
-Grazing income at $1,200
-Tillable income possible
-ROI ranges from 3, depending on your use
-Very good wildlife habitat
-Three ponds provide consistent water source
-Possibility of a 15-20 acre pond to be built at no cost
-Rural water and electric at the road
-Solid Investment
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Research Parcel InformationFrom Princeton, MO: Take US 65 south 2.5 miles to Route E. Head east 18.7 miles to route WW. Turn right (west) and go 1 mile to the property.