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.
Sold
Price Unknown
0 McGrew Mine Rd, Wellington, MO 64097
--beds
0baths
160Acres
Unimproved Land
Built in ----
160 Acres Lot
$-- Zestimate®
$--/sqft
$-- Estimated rent
Home value
Not available
Estimated sales range
Not available
Not available
Zestimate® history
Owner options
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Zillow last checked:
Listing updated:
Listed by:
Joel Taylor 816-547-2847,
Midwest Land Group
Bought with:
Heart Realty, LLC
Source: Heartland MLS as distributed by MLS GRID,MLS#: 2439282
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 & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Wellington
Financial & listing details
- Annual tax amount: $706
- Date on market: 6/8/2023
- Listing terms: Cash,Conventional,USDA Loan
- Road surface type: Gravel
Price history
| Date | Event | Price |
|---|---|---|
| 12/19/2023 | Sold | -- |
Source: | ||
| 10/17/2023 | Contingent | $1,100,000 |
Source: | ||
| 6/21/2023 | Price change | $1,100,000-12% |
Source: | ||
| 6/8/2023 | Listed for sale | $1,250,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Neighborhood: 64097
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Nearby schools
GreatSchools rating
- 7/10Wellington-Napoleon Elementary SchoolGrades: PK-5Distance: 1.8 mi
- 8/10Wellington-Napoleon High SchoolGrades: 6-12Distance: 1.8 mi
- Missouri
- Lafayette County
- Wellington
- 64097
- 0 McGrew Mine Rd