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33824 State Highway E

La Plata, MO 63549
  • $1,790,000
  • STATUS: Active
  • ON SITE: 140 Days
  • MLS #: 22070842
UPDATED: 135 min ago
$1,790,000
  • 0
    BEDS
  • 291
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Farm
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Take a look at this outstanding 291 acres located just 10 miles Southeast of Kirksville. This farm has approximately 240 acres in productive row crop with 2022 being a mix of beans and corn. It is currently being cash rented at $200/ acre bringing it to an annual cash rent of $48,000. The current farmer is looking to lock in a multi-year cash rent contract on the farm. There is some phenomenal hunting on this farm, especially the 70 acres on the South side of the farm. There is currently a hunting lease for an additional $5,000 of income. The current owner would like to rent the 20 +/- acres of hay ground for an additional $5,000/year bringing the total income on this farm to $58,000. The ROI on this farm is 3.1% at asking price making it a desirable farm to have! Seller will split off the South 70 acres if desired with 35 +/- acres being tillable. Cash Rent: $48,000. $200/Acre on 240 Acres Tillable $5,000 Hunting Lease $5,000 Hay Lease Total Income: $58,000

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Listing information © 2023 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2023-03-21T23:39:22.203.

Keller Williams Success Realty: 815-444-6790
www.lewkepartners.com/homes/134424107
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33824 State Highway E La Plata, MO 63549

  • Price: $1,790,000
  • Status: Active
  • On Site: 140 Days
  • Updated: 135 min ago
  • MLS #: 22070842
0
Beds
0
Baths
0
½ Baths
291
Acres
County:
Adair
Area:
La Plata R-2
Elementary School:
Adair Co. Elem.
Middle School:
1050 Adair Co. High
High School:
1050 Adair Co. High
School District:
Adair Co. R-Ii
Property Description
Take a look at this outstanding 291 acres located just 10 miles Southeast of Kirksville. This farm has approximately 240 acres in productive row crop with 2022 being a mix of beans and corn. It is currently being cash rented at $200/ acre bringing it to an annual cash rent of $48,000. The current farmer is looking to lock in a multi-year cash rent contract on the farm. There is some phenomenal hunting on this farm, especially the 70 acres on the South side of the farm. There is currently a hunting lease for an additional $5,000 of income. The current owner would like to rent the 20 +/- acres of hay ground for an additional $5,000/year bringing the total income on this farm to $58,000. The ROI on this farm is 3.1% at asking price making it a desirable farm to have! Seller will split off the South 70 acres if desired with 35 +/- acres being tillable. Cash Rent: $48,000. $200/Acre on 240 Acres Tillable $5,000 Hunting Lease $5,000 Hay Lease Total Income: $58,000
Exterior Features

Architectural Style Other Attached Garage YN No Carport YN No Construction Materials Other Garage YN No Levels None Lot Size Source Survey Pool Private YN No Road Frontage Type County RoadPaved StreetsState Road Road Surface Type AsphaltGravel Topography BottomlandCropGently Rolling Waterfront YN No Wooded Area 51

Interior Features

Basement None Fireplace YN No Fireplaces Total 0 Heating YN No

Property Features

Association St. Louis Association Of Realtors Current Financing Cash OnlyConventionalFhaFarmers Home Admin Current Use Row CropsGrazingPastureRecreationalTenant/Leased Disclosures UnknownSellers Discl Not Av Documents Available Aerial PhotosCrop LeaseFarm LeaseSurvey Inclusions All CropsHunting RightsAll Mineral Rights Ownership Owner By Contract Property Sub Type Acreage & Farms Property Sub Type Additional Acreage RuralAgricultural LandFarm-Row CropRecreational Sewer Other Special Listing Conditions None Tax Annual Amount 785 Tax Year 2021 Transaction Type Sale Utilities Electricity Available Water Source Stream Water Zoning Agricultural

Listing provided courtesy of Living The Dream Inc.: 2893478. Listing information © 2023 Mid America Regional Information Systems, Inc.
Listing information © 2023 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2023-03-21T23:39:22.203.

Keller Williams Success Realty: 815-444-6790
 
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