2 Inland Rd. Rd Oregon, MO 64473
This exceptional 40-acre property in Holt County, Missouri, presents a unique investment opportunity. Located near Forest City (zip code 64473) at TBD 2 Inland Rd., this land boasts approximately 34 acres of highly tillable Class II Blencoe Silty Clay soils, resulting in an 85% tillable acreage. Recent corn yields averaged 250 bushels per acre, demonstrating strong productivity. The property benefits from improved drainage via recently installed ditches and gentle 0-2% slopes, characteristic of prime Missouri River bottomland. The current owner offers a cash rent option for the farming rights at $300 per tillable acre, generating an annual return of $10,200. Beyond agricultural potential, this secluded location, situated between Loess Bluffs Wildlife Refuge and Bob Brown Conservation Area, offers significant waterfowl hunting opportunities. Proximity to electrical access makes development into a high-end waterfowl hunting property feasible, with potential lease income ranging from $10,000 to $15,000 or more annually. The property's off-road location ensures privacy. Additional acreage is available; inquire about adjacent 37+ acre and 77+ acre parcels. This property is priced at $558,440.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Property description
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