Description
Here’s a good return on investment opportunity on a highly tillable, but affordable, 40+/- acre tract located just a 1/4 mile off HWY PP, near Pattonsburg, MO. Of the 40+/- total acres, 35+/- acres are in row crop production. The current owner/farmer would lease-back the tillable acres at a rate of $240/acre for a period of three years (a 3% ROI at the asking price). If a new owner want’s to farm it himself, or has his own farmer, the farm can be open for the 2023 farm season. The farm lays good, offer good terraces & grassways, a small pond, and easy access. If you’re looking for a place to build a new home, this farm has a great hilltop location with nice southern views of the farm. Rural water and electric are both available on Drake Avenue.
Directions: From Pattonsburg, MO, north on HWY PP, west on Drake Avenue.
PROPERTY FEATURES:
88% Tillable Upland Farm
3% ROI at the Asking Price
Good Terraces & Grassways
Nice Hilltop Building Site
Just 1/4 Mile off Blacktop
Rural Water Available at Rd
Electric Available at the Road
Land for Sale