1 Inland Rd Rd Oregon, MO 64473
This exceptional 37-acre Missouri River bottomland property in Holt County, near Forest City (zip code 64473), presents a unique investment opportunity. Approximately 30 acres boast highly tillable Class II Blencoe Silty Clay soils, exhibiting an 81% tillable land percentage. 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 property also includes roughly 7 acres of lower-lying wooded land suitable for creating a waterfowl habitat. The current owner offers cash rent of $300 per tillable acre, generating an annual return of $9,000 from farming rights. Strategically located between Loess Bluffs Wildlife Refuge and Bob Brown Conservation Area, this secluded property, accessible via private road, offers significant waterfowl hunting potential. Thousands of ducks and geese utilize the fields annually. Further revenue generation is possible through leasing hunting rights to outfitters, with similar properties commanding $10,000-$15,000 or more annually for waterfowl leases. The asking price is $516,557. Additional acreage is available
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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