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  • Price Unknown

    0 McGrew Mine Rd, Wellington, MO 64097

    --beds
    0baths
    160Acres
    Unimproved Land
    Built in ----
    160 Acres Lot
    $-- Zestimate®
    $--/sqft
    $934 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $934/mo

    Zestimate® history
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    What's special

    Rare opportunity to purchase a tillable farm located in the Missouri River bottoms of Lafayette County, Missouri! This 160 +/- acre tract consists of 120 +/- tillable acres, 19 +/- acres of delineated wetlands, and the remaining balance in timber and marsh. This farm is a strong income-producing property with diverse recreational use and would be an excellent purchase for an investor or a recreational connoisseur looking for a great return. 53.6% of the soils consist of Haynie Siltl loam, 0-2 percent slopes, occasionally flooded, and 44.2% consists of Leta Silty Clay loam, 0 - 2 percent slopes, occasionally flooded, and the remainder Waldron Silty Clay Loam, 0 - 2 percent slopes. The farm does flood on occasion due to its proximity to the Missouri River but has consistently produced a yield with yearly records to prove it. This farm is on a corn/soybean rotation. The current operators have been farming this property for many years and would love to stay as operators. The current farm agreement is a flex rent payment that provides both owner and operator risk and reward. The last three years of income on 101 tillable acres has been $26,458, $23,380, and $19,333. Recently the owner has cleared an additional 19 +/- acres of ground and is in its final sweeping stages to prepare for planting. This farm is also an incredible recreational property with 19 +/- acres of delineated wetland that could easily be developed into a wetland along a major flyway. Adding a couple of water control structures you could easily catch rain or flood waters. There is electricity that runs along McGrew Mine Road which could be a candidate to have a well put in for controlled flooding annually. This property is across the river from the Mudhole & Sunshine Lake, prominent waterfowl hunting areas. There is a ton of deer sign and I have heard quail whistling on the neighboring properties.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Joel Taylor 816-547-2847,

    Midwest Land Group

    Bought with:

    Heart Realty, LLC

    Source: Heartland MLS as distributed by MLS GRID,MLS#: 2439282MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0

    Property

    Lot
    • Size: 160 Acres
    • Features: Acreage, Wooded
    • Topography: Level
    • Residential vegetation: Crop(s)
    Details
    • Parcel number: 999999
    • Zoning: AG

    Utilities & green energy

    • Sewer: None
    • Water: None

    Community & neighborhood

    Location
    • Region: Wellington
    • Subdivision: None

    HOA & financial

    HOA
    • Has HOA: No

    Other

    Other facts
    • Listing terms: Cash,Conventional,USDA Loan
    • Road surface type: Gravel

    Price history

    DateEventPrice
    12/19/2023Sold--
    Source: Heartland MLS as distributed by MLS GRID #2439282 Report a problem
    10/17/2023Contingent$1,100,000
    Source: Heartland MLS as distributed by MLS GRID #2439282 Report a problem
    6/21/2023Price change$1,100,000-12%
    Source: Heartland MLS as distributed by MLS GRID #2439282 Report a problem
    6/8/2023Listed for sale$1,250,000
    Source: Heartland MLS as distributed by MLS GRID #2439282 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 64097

    Nearby schools

    GreatSchools rating