Property summary
This exceptional 211-acre property, located just 10 miles southeast of Kirksville, Missouri, presents a unique investment opportunity. Approximately 185 acres are currently in productive row crop, with a 2023 mix of soybeans and corn. The farm generates substantial income through a cash rent of $200 per acre, totaling $37,000 annually. Adding to its profitability, a separate hunting lease brings in an additional $5,000 per year. The property boasts excellent hunting opportunities for whitetail deer, turkey, and small game. Access is convenient, with blacktop access along State Highway E and county road access on the west side. This versatile property offers a blend of agricultural income and recreational potential, making it an attractive investment for those seeking both financial return and outdoor enjoyment. Located in Adair County, Missouri, with a 63549 zip code, this property is situated at 39.9954201 latitude and -92.4999918 longitude. The asking price is $1,319,300.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
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