DeKalb County
Investment Grade Farm With Hunting And Build Sites
Gospel Road, Lot #WP001 Weatherby, MO 64497
Description
Here's your chance to own an investment-grade farm that you can also hunt and build on. The crop ground is currently leased to a reputable tenant through 2024 at a whopping $4,926 annually! This is paid twice a year, so a new owner would be eligible to receive a check for $2,463 (½ of this year’s rent) on 12/1. The crop lease is based on 32.84 m/l tillable acres, rented at $150 per acre. Hunting leases in this area frequently bring $10-20 or more per acre, which could put this farm up to 3.5% return at list price. If you’re looking for a farm to build a home or cabin, this one is worth a look. Utilities are available along the road, and the nearest hard-surface road, State Rt D, is approximately a half-mile to the west of the boundary. This property is shown exclusively by appointment only. Please call today for more information, or to schedule your private tour.
Summary
Address
Improvements/Features
Features
Road Frontage
Road Surface
Land Details
Land Type
Land and Farm Property Types
Property Type
Details
- Long-term cash rent agreement pays $4,926 annually through 2024
- Hunting leases in this area frequently bring $10-20 per acre, or more
- Property was recently surveyed
- Wooded draws, fencerows, and a hidden field offer hunting opportunities for deer, turkeys, and upland birds
- Utilities are available along the road and hard surfaced road is about ½ mile to the west
- 1 hour 10 minutes to Kansas City; less than 1 hour to St. Joseph
Other
Coordinates
Annual Taxes
Sold Property
For more information or to see additional properties currently for sale see Jason Patterson's listings.