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:

New Madrid

Coordinates:

36.369260 / -89.547645

Price Per Acre:

$5,250.00

Dale Dunn: President & Founder | Managing Broker - MO | IA | KY | KS | WI | TN / Broker - IL

Dale Dunn

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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.

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