Listed by United Country Real Estate Nelson Real Estate & Auction Company
$3,628,250
300th Street & Gillespie Road (631 Acres )
Details
Property Type Land
Sub Type Commercial
Acreage 631.000
Land | 631 acres
Marketing description
This expansive 631-acre m/l farm is located just north of Highway 136, east of Albany, Missouri. It offers a rare investment opportunity, featuring 313.54 tillable acres currently leased at $150/acre. Additionally, 191.59 acres are enrolled in CRP, generating $179.77/acre for a total annual payment of $34,442.13 through September 30, 2033.
The property is comprised mainly of productive Shelby Clay Loam and Lamoni Clay Loam soils, with extensive improvements including push-up terraces and tiling to enhance productivity. Alongside strong farming returns, this farm also offers excellent hunting opportunities, making it a well-rounded investment for both income and recreation.
Investment highlights
- 631 total acres m/l
- 313.54 tillable acres leased at $150/acre
- 191.59 acres enrolled in CRP ($179.77/acre, $34,442.13/year until 2033)
- High-quality Shelby Clay Loam and Lamoni Clay Loam soils
- Extensive push-up terraces and tiling improvements
- Strong hunting potential
- Prime location just north of Hwy 136, east of Albany, MO
Listing Contacts
Listed by United Country Real Estate Nelson Real Estate & Auction Company
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