Investment And Hunting Tract With A 5% ROI
SOLD
County
RichlandAcreage
53 ±SOLD
County
RichlandAcreage
53 ±Address
3379 N. Fox Road
Olney, IL 62450
View on Google Maps
Description
Located just outside of Olney, this parcel stands as an opportunity in an area renowned for its mature Illinois whitetail deer and vibrant turkey population. With the acreage set to undergo surveying and an established easement road ensuring easy access, convenience and potential converge on this tract. As an investment opportunity, this tract offers an enticing prospect, with approximately 42 acres generating a $9,000 annual CRP payment, forming the cornerstone of its income generation. The remaining acreage is not enrolled in any programs and is prime for improvements such as food plots or a trail system. Furthermore, the possibility of leasing the land for hunting could add an additional $2,000 per year to its revenue stream, culminating in a solid 5.0% annual return on investment. Whether you're drawn to its financial promise or enticed by the allure of Illinois's rich wildlife, this property promises both stability and opportunity for those savvy enough to seize it. For more information, please reach out to local Land Specialist Josh Malone.
Sold Property
For more information or to see additional properties currently for sale see Josh Malone's listings.Property Listing
Type
Recreational Land, Timberland, Hunting Land
Legal
The information contained herein is deemed reliable but is not warranted or guaranteed by the Broker, its Agents, or the Seller. Access to property, access to utilities, or any measurements including but not limited to, acreage, square footage, frontage, and mapping boundary lines shared herein has not been independently verified and is for purposes of marketing only. If exact measurements, access to property, or access to utilities is a concern, the property should be independently measured or investigated by the prospective buyer.
COOPERATING BROKER COMPENSATION: Please contact Listing Agent/Broker for terms of cooperating Buyer Broker compensation. Terms of compensation, if any, shall be ascertained by cooperating brokers before beginning efforts to accept the offer of cooperation. Buyer’s Agents/Brokers must be identified, by Buyers and/or their Brokers/Agents, on the first contact with Listing Broker/Agents to receive compensation. Otherwise, compensation will be at the sole discretion of the Seller, Broker, and Whitetail Properties Real Estate, LLC.
Real Estate Commissions and Cooperating Broker Compensation, if any, are fully negotiable and is not fixed or controlled by law, by Whitetail Properties Real Estate, LLC (or any division/trade name/DBA of), or its Agents/Brokers.