582 Acres Tillable, Hunting, Retreat, 4.2% Return

La Belle, MO 63447

Lewis County

Price: $2,325,000

$4190/acre

MLF #05-582-02

Northern Missouri is home to some of the best agricultural and recreational ground in the Midwest. These 582 acres illustrates just how diverse, and how much opportunity a farm in this region can possess.

Agriculturally, this farm brings great size, access, and tillable opportunity to the table. Currently cropped and pastured, cleanup and improvements mean this farm will be well-suited for full scale farming in 2019 and beyond. 415 tillable acres will be a notable addition to any sized operation. The farm lays favorable and is partially terraced.  The farm consist of 79 acres of bottom ground class 2 bottom ground. 109 acres of flat 1-5% slope Class 3 loamy soil.  102 acres of Gentle 5-9% slope Loamy soil. The remaining 124 acres are on the gentle side of a 9-14 % soil  types mainly on the bottom edges of the hill sides. The farm is rented for the next three years 2020, 2021, and 2022 for $200/acre making a yearly income of $83,000 annually. Depending sale and current market conditions the owner decided to elect for a 1 year option that can be renewed or renegotiated.

Recreation wise, this farm shines. Over 157 acres of timber and brush create excellent bedding, travel corridors, and food plot locations. The farm is setup incredibly for access points on nearly any wind. A farm of this size allows for strategic management, and the surrounding area is conducive to giant whitetails as well. Turkey and upland opportunities abound.

Bordered to the north by the Labelle Lake Conservation area, the two large ponds on the property setup nicely for Canada Goose hunting as well as fishing.

If you’re not a hunter and strictly looking for an investment Northeastern Missouri is a great place for top price hunting leases. It’s not uncommon for farms in this area to bring in $25/acre for hunting leases. This would add another $14,550 of yearly income and raise the annual income to a total of $97,550 and close to a 4.15% return.

If you’re an outdoors man looking for a gorgeous Northern Missouri farm to pursue and manage for whitetails and turkey, a farmer adding to his row crop operation, or an investor seeking farm and sizable hunting lease return, give Jeff Quinn a call at 1-660-734-3925

Contact
Jeffrey Quinn, Broker
Cell: 660-734-3925
Office: 660-258-3185

WE KNOW LAND.

We farm it. We hunt it.

And we raise our families on it.

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