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210.17 Acres/Macon Mo/ Tillable/Hunting/ROI

This 210.17 Acres tillable tract is conveniently located on the south side of Hwy 36 just west of New Cambria Missouri. This property features 173 acres of tillable ground! A 5-year cash rent has been put in place for $256/Acre or $44,288 in yearly income, running from 2023-2027. A hunting lease would easily bring $4,000-$5,000 annually. Bringing the ROI to 3.6%-3.7% at asking price. Layout of this land is ideal for both deer and turkey hunting. Farm has been surveyed. Call or text Andy Boyer 636-295-1476 for your own private showing. * Property lines are thought to be accurate but are estimated. *

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Source:First Street

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Listing last updated: September 23, 2023 at 7:47 AM
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