State Highway A Ridgeway, MO 64481
- Land
- 280.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 State Highway A
- Lot size
- 280.00 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
Exceptional investment opportunity awaits with this 280-acre Missouri farm located east of Ridgeway on State Highway A. This property boasts a diverse landscape, including 102 acres of row crop land currently leased at $200 per acre, generating $20,400 annual income. An additional 81.51 acres are enrolled in the Conservation Reserve Program (CRP), providing a consistent $143 per acre payment, totaling $11,656 annually. The combined annual income from these sources is $32,056. The farm's strategic layout includes extensive terracing and tiling on the northeast portion, enhancing productivity and minimizing erosion. The presence of several blocks of trees and timbered draws creates ideal wildlife habitat, complemented by the proximity of Rock House Lake, offering a reliable water source. Approximately 15 acres of highly productive bottom ground further enhance the agricultural potential. Strong upland soils contribute to the overall fertility of the land. This property presents a unique blend of hunting, recreational, and agricultural opportunities, with potential for increased income through future hunting leases, starting June 2025. The asking price is $1,852,500. This is a turnkey operation with existing leases in place.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ridgeway
- County
- Harrison
- State
- Missouri
- Longitude
- -93.906
- Latitude
- 40.3808
