Sold
Investment Grade Farm With Hunting And Build Sites
Acreage
40.17 ±
County
DeKalb
SOLD
Address Gospel Road, Lot #WP001 Weatherby, MO 64497
View on Google MapsDescription
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.
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
Summary
Improvements/Features
Big Game, Small Game
Features
Tillable, Wild Game, Whitetail, Turkey, Investment, Big Game, Small Game, Other Game, Roads, Road Frontage, County Road, Road Access, Gravel, Tillable / Production Acres, Hardwood Trees, Corn, Soybeans, Utilities, Electric, Activities on Property, Hunting, Hiking, ATV Riding, Horseback Riding, Camping, Family Activities
Road Frontage
County Road
Road Surface
Gravel
Land Details
Tillable
Land Type
Ranch and Farm, Hunting and Recreational
Land and Farm Property Types
Agriculture - Farm, Land - Hunting
Property Type
Farms, Hunting Land
Other Property Details
Coordinates
39.9491, -94.252
Annual Taxes
$101
Sold Property
For more information or to see additional properties currently for sale see Jason Patterson's listings.