LEWIS COUNTY MO 76
This 76+/- acre is located in Lewis Co, MO, north of Labelle and Route K. This area has a high deer density, and this farm has what it takes to hold them there! The main block if timber has a live creek to supply water to the deer and turkey that live here, and also provides thick bedding/nesting cover. The draws leading out of that timbered block are nice ambush points to harvest a mature buck. The elevation of these draws is higher than that of the creek bottom, so a box blind on either of the ridges could be deadly. If grain could be left standing for the late season, no telling what would show up!
Of the 76+/- acres, there are currently 58.34+/- acres in tillable production, and the current farmer has offered to continue to work the ground for the new owner, and will pay $11,668.00 annually, or $200.00 per acre. With these numbers, you have a return on investment of 3.83% at asking ...
Of the 76+/- acres, there are currently 58.34+/- acres in tillable production, and the current farmer has offered to continue to work the ground for the new owner, and will pay $11,668.00 annually, or $200.00 per acre. With these numbers, you have a return on investment of 3.83% at asking price. This farmer will agree contractually to this number for 3 years, providing stability on the return. If you are an investor or do not hunt, this farm will easily bring a $20.00 an acre lease price tag, adding another $1520.00 in your pocket, and increasing your return to a whopping 4.33% at asking price!
The soil on this farm is 52.8% Lindley loam with 14% to 20% slope, and 22.1% Keswick loam with 9% to 14% slope.
Excellent hunting property
Very nice return on investment makes property affordable
Minutes north of Labelle, MO
170 miles from St. Louis, MO
Property is listed for $304,000.00
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