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Properties

Missouri Land For Sale

LEWIS COUNTY MO 378: GT Sharp – AVAILABLE

$1,890,000

This 378+/- acre property (GT Sharp) is located in Lewis Co. MO, just north of Labelle on Highway K. There are currently 340+/- acres in tillable production, and the current farmer will continue to work the property and pay 200.00 an acre cash rent for that right. This produces $68,000.00 of income annually, and a…

Description

This 378+/- acre property (GT Sharp) is located in Lewis Co. MO, just north of Labelle on Highway K. There are currently 340+/- acres in tillable production, and the current farmer will continue to work the property and pay 200.00 an acre cash rent for that right. This produces $68,000.00 of income annually, and a return on investment of 3.59% at asking price.

Soil types on the property are Kilwinning silt loam at 28.6%, and a 1% to 5% slope, Keswick loam at 23.9% with a 9% to 14% slope, and Lindley loam at 21.6% with a 14% to 20% slope.

Don’t let the open terrain fool you when it comes to deer on this property. The area has a very high deer density, and rutting bucks will cruise these draws in their travels looking for does. Even better would be if some of the grain could remain un-harvested, and when the snow flies, deer from surrounding farms would make this place home. Having said that, a $10.00 an acre hunting lease could add to an already nice return on investment.

  • There is an additional 4+/- acres, with 5, 80,000 bushel grain bins that can be purchased for $875,000
  • The 35+/- acres on the south side of route K can be bought separately for $5000.00 per acre
  • Hard road access
  • Electric at property
  • High production ground
  • Property listed at $1,890,000.00 or $5000.00 per acre

Give Dale Dunn a call at 636-443-9481 for more info and your own tour.

NOTE** PFRG has 25 farms listed for sale in Lewis County, many of which are very close to this property. See attached map for details.

Details

Price: $1,890,000.00

Market Status: For Sale

State: Missouri

Locality: Lewis County

Gallery

Contact

  • Dale Dunn (Premier Farm Realty Group & Auction)
    • Phone: 636-443-9481
    • Premier Farm Realty Group & Auction
    • View My Profile
    • Illinois, Missouri, Iowa, Kentucky, Kansas

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