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Nearby Schools
Adair Co. Elem.Elementary School
1050 Adair Co. HighMiddle School
1050 Adair Co. HighHigh School
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
Location
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$13,900,000
7 Beds
13 Baths
20,550 Sq ft
MLS# MAR23022912
ACTIVE
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Listing Office: Living The Dream Inc.
Attribution contact: 2893478
