Properties

Remarks

This extremely diverse farm meets the criteria of a well rounded Northwest Missouri Farm providing an excellent investment with a high ROI, picturesque gently rolling landscape, and recreational use including whitetail and turkey hunting. The farm is predominately tillable crop ground, with mature timber, dense brush, good access with road frontage on two sides. The farm is located straight west of the town of Worth, MO with access from the north on 220th and from the east on Ivy Ave. The farm offers 364.74 FSA Tillable Acres that are currently planted in beans for the 2023 season. The tillable acres consist of predominantly Class III and II soils known as Shelby and Kennebec Silt Loam. There is an existing farm lease in place for the tillable acres on the farm at a cash rental rate of $225 per acre which provides the landowner $82,066.50 per year. The tenant is on a 3 year cash rent agreement which expires after harvest in 2024. The tenant is a reputable operator with a nearby headquarters and does an outstanding job taking care of the farm. The tenant fertiles and places a cover crop on the farm each year as well as takes soil test to maintain soil fertility. This lease agreement is a 3.8% ROI at the list price prior to a hunting lease. The farm is covered in deer sign, tons of tracks and trails throughout as well as several rubs and scrapes. Turkey hunting is excellent with multiple large roost trees throughout the bottoms and on the neighboring properties. The seller had guest hunters that shot turkeys this last spring on the farm. There are 6 ponds, two of which are stocked as far as the seller is aware. There is currently no hunting lease in place so this can all be enjoyed this coming fall deer season. Or, this area would certainly demand a strong income for a hunting lease for an investor. This is an excellent investment and recreational farm option in Northwest Missouri.

Listing Office: Midwest Land Group LLCMLS ID: 2436825