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Listed by Korey O'Day • Midwest Land Group
$ 599,900
$ 599,900
Est. payment /mo
Sold on 11/22/2024
TBD 46 HWY Grant City, MO 64456
114.4 Acres Lot
UPDATED:
Key Details
Sold Price $599,900
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 2488916
Annual Tax Amount $401
Lot Size 114.400 Acres
Property Description
We are proud to offer this Worth County, Missouri investment and hunting farm located just west of Grant City. This property offers a total of 114.4 +/- acres with 92.07 acres currently in row crop production, mature timber, two stocked ponds, and highway access. Whether you are looking to expand your farming operation, add to your investment portfolio, or find an income-producing recreational property, this farm has a lot to offer.
This farm is ideal for an investor as it offers a high percentage of tillable acres in an area with strong rent demand. The soils consist of predominantly Class III Shelby and Adair loams with an NCCPI overall of 67.1. The Farm Service Agency (FSA) documents 92.07 tillable acres that are being farmed by the owner in 2024. Farming rights are open for 2025 and beyond and the owner has expressed interest in renting the 92.07 acres at a rate of $200/acre. At list price, this would be a 2.99% ROI. Hunting rights are open for 2024 and beyond and additional income could be generated through a hunting lease.
In addition to the farming opportunities, this property also provides a variety of recreation and hunting opportunities that are sure to appeal to the outdoor enthusiast. This farm offers whitetail deer and turkey hunting and has two stocked ponds. While taking photos, I heard a group of gobblers just north of the creek on the south border of the property. The creek is sure to provide deer traffic during the fall and a secluded field in the southwest corner offers a great spot for a food plot and tower blind.
This farm is ideal for an investor as it offers a high percentage of tillable acres in an area with strong rent demand. The soils consist of predominantly Class III Shelby and Adair loams with an NCCPI overall of 67.1. The Farm Service Agency (FSA) documents 92.07 tillable acres that are being farmed by the owner in 2024. Farming rights are open for 2025 and beyond and the owner has expressed interest in renting the 92.07 acres at a rate of $200/acre. At list price, this would be a 2.99% ROI. Hunting rights are open for 2024 and beyond and additional income could be generated through a hunting lease.
In addition to the farming opportunities, this property also provides a variety of recreation and hunting opportunities that are sure to appeal to the outdoor enthusiast. This farm offers whitetail deer and turkey hunting and has two stocked ponds. While taking photos, I heard a group of gobblers just north of the creek on the south border of the property. The creek is sure to provide deer traffic during the fall and a secluded field in the southwest corner offers a great spot for a food plot and tower blind.
Location
State MO
County Worth
Zoning Ag
Building
Sewer No Sewer
Water Rural - Verify, Unknown - Verify
Schools
School District Worth County
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
