Courtesy of: Tony Nelson, United Country Nelson Real Estate, tnelson@grm.net
Courtesy of: Tony Nelson, United Country Nelson Real Estate, tnelson@grm.net
$4,250,000
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Lot: 509.00 Acres
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Other
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$4,250,000
0 Northeast King Road Located in northern DeKalb County, Missouri, just southwest of Pattonsburg, this exceptional 509-acre property offers a rare combination of income, quality farmland, and recreational value. The farm features 442 acres of productive row-crop ground that is fully tiled and terraced, with the majority consisting of 5-9% slopes and several acres ranging from 2-5%, providing both strong productivity and conservation benefits. The current owner is willing to lease back the tillable acres on a three-year contract at $275 per acre, creating immediate, dependable income for the next owner. In addition to the tillable acreage, the property includes 29.81 acres enrolled in CRP generating $3, 458 annually through 2030. Two ponds, timbered draws, and the CRP habitat combine to support solid recreational and hunting potential, with an existing hunting lease producing approximately $2, 500 per year. Well-improved farms of this caliber are increasingly difficult to find in Northwest Missouri, especially with extensive tiling and terracing already in place. This property includes a metal shed measuring 64'x58' with 18' wide doors and a 14' ceiling. Offered at $4, 250, 000, the property is projected at an approximate 3% return on investment, making it an attractive option for both investors and owner-operators seeking a high-quality land asset.
Courtesy of: Tony Nelson, United Country Nelson Real Estate, tnelson@grm.net
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