AB State Hwy Greencastle, MO 63544

Property Details for AB State Hwy

Lot size

244.70 lot acres

Property type

Land

Property subtype

Farms

Description

This exceptional 244.7-acre farm in Sullivan County, Missouri, presents a compelling investment opportunity. Boasting 232 tillable acres, this property offers significant potential for row crop farming, with minimal waste. Recent improvements include completed terrace work and cleanup, ensuring optimal land management. Convenient blacktop road frontage on the southern portion provides easy access. Recreational amenities include a pond, perfect for fishing, and abundant opportunities for whitetail deer and spring turkey hunting. The current owner is willing to lease the row crop land at $225 per acre, generating a 3% return on investment, excluding potential hunting lease income. This property is situated in Greencastle, MO, zip code 63544, and offers a rare combination of productive farmland and recreational appeal. The location provides excellent access to local infrastructure and markets. This is a turnkey operation ready for immediate income generation or further development. The property's high tillable acreage, coupled with its desirable location and recreational features, makes it an attractive investment for both experienced farmers and those seeking a diversified portfolio. This is a rare opportunity to acquire a high-quality farm in a prime location.