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Properties

Missouri Land For Sale

LEWIS COUNTY MO 76: Damron East – AVAILABLE

$304,000

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…

Description

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 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

This is an excellent combo farm with a nice income, so give Dale Dunn a call at 636-443-9481 for your own private tour.

NOTE** PFRG has listed 25 farms in Lewis Co, many of which are very close to this farm, and two of them actually share a border( Damron West and Gutting). See attached map of property locations, or call for more details.

Details

Price: $304,000.00

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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