0 Hwy, La Plata, MO 63549
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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