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    OFF-MARKET
    Land

    0000 Mayflower Rd, Clay City, IL 62824

    720 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 720-acre property in Clay County, Illinois, presents a unique investment opportunity. Renowned for its big buck hunting, this land boasts a well-maintained trail system, Little Muddy Creek running along the east side, and a mix of gently rolling hills and flat terrain. Currently generating approximately $102,249 annually through Conservation Reserve Program (CRP) contracts, the property features CRP-planted oaks and walnuts, enhancing wildlife habitat and providing a substantial income stream. The mature timber also offers future potential for timber sales. Multiple access points are available. Hunting opportunities abound for big game, turkey, waterfowl, and other wildlife. Mineral rights do not transfer with the sale. The property's diverse landscape, including native grasses and wildflowers, and patches of dense woodlands, creates an ideal environment for hunting and various outdoor recreational activities. The asking price is $3,168,000, resulting in a current ROI of 3.25%. Note that property lines shown on maps are approximate, and CRP contract details will be verified during the purchase process. The temperate climate and average annual rainfall of approximately 40 inches support the lush vegetation and healthy ecosystems. This property is perfect for an outfitter, big buck hunter, or anyone seeking a premier hunting and recreational retreat.

    Property profile
    Verified
    Property type Land
    Lot 720 ac (31,363,200 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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