NEW MADRID/PEMISCOT COUNTY MO 320 - SOLD
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Property Details
Acreage:
320.00
Price:
$1,680,000.00
Address:
County Road 322
Portageville, MO 63873
County:
Coordinates:
36.369260 / -89.547645
Price Per Acre:
$5,250.00
Property Type:
Dale Dunn: CEO & Founder | Managing Broker - MO, KY, WI, TN | Land Specialist - KS, IL, IA
EXCELLENT HUNTING FARM WITH INCOME/INVESTMENT OPPORTUNITIES
Located on the New Madrid/Pemiscot County line sits this 320+/- acres property that is loaded with recreational and income producing possibilities.
Of the 320+/- acres, 240+/- acres are currently in tillable production, creating $48,000 of annual income. The balance of the farm is in timber and brush, and this habitat is home to a good number of wild turkey and whitetail deer.
This property has the potential to be an excellent duck hunting property, as it sits just a few miles west of Reelfoot National Wildlife Refuge, home to thousands of migrating ducks and geese every fall.
· Property joins hundreds of acres of state land
· Loaded with deer and turkey
· Waterfowl potential
· Property located just east of Portageville, MO and I-55
Land Specialists Opinion
This property is potentially one of the best investments I have seen in my real estate career. There are two programs that this property is likely to qualify for, one being a Ducks Unlimited Conservation Easement Program and the other is the WRE Program through the USDA. Attached is a potential cash flow model on how these programs could work for the new owner.
If you would like to know more about this fantastic opportunity, give Dale Dunn a call at 636-443-9481, or Clayton Eftink at 573-450-8849.
