0 Inland Rd Forest City, MO 64451
This exceptional 77-acre property in Holt County, Missouri, presents a unique investment opportunity for farmers, investors, and waterfowl enthusiasts. Located near Forest City, on Inland Road, zip code 64451, this land boasts approximately 64 acres of highly tillable Class II Blencoe Silty Clay soil, resulting in an impressive 84% tillable acreage. Recent improvements include new ditching for optimal drainage. The 2023 corn crop yielded 250 bushels per acre, demonstrating consistent high yields year over year. The remaining 13 acres comprise lower-lying wooded areas suitable for creating a waterfowl hunting haven. The property's strategic location between Loess Bluffs Wildlife Refuge and Bob Brown Conservation Area, coupled with nearby electrical access, offers significant potential for developing a premier waterfowl hunting operation. The current owner is willing to cash rent the farming rights at $300 per tillable acre, generating an annual return of $19,200. The property's secluded location off public roads ensures privacy and enhances its appeal for hunting. Existing waterfowl hunting opportunities are abundant, with thousands of ducks and geese utilizing the fields annually. Further revenue generation is possible through leasing hunting rights to outfitters, with potential lease values ranging from $10,000 to $15,000 or more per year for developed waterfowl hunting areas. Asking price is $1,075,000.
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Implied · in-place · derived from last sale + estimated NOIValue
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