Property Features: 3.5% ROI at Asking Price, Highly Tillable, Road Frontage, 7 Points Above County NCCPI Average, Moderate Topography Changes, 2 Miles to Highway 65, 15 Miles to Chillicothe, MO, 20 Miles to Carrollton, MO. Property Details: Here is a great, but also a time sensitive opportunity to purchase 72+/- acres in Livingston County. Last Fall the property came out of the Conservation Reserve Program and is being converted to row crop for 2023. The current owner is offering the property for sale for a limited time, in hopes of being able to use the farm as part of a 1031 exchange. He already has the farm he is purchasing under contract so the timeline is short. Should the seller not be able to move the farm prior to the deadline they plan to keep the farm. The owner would like to sell the farm, but would also be interested in leasing back for row crop production. Lease would be for at a rate of $265 per acre on 66 tillable acres for 3 years, equaling $17,490 in annual income. If a new owner has their own farmer or would like to farm it themselves, the farm can be open for 2023 harvest. With moderate slopes of 2-9% on the majority of the farm and a NCCPI soil rating 7 points higher than the county average, this is a great opportunity to purchase a nice farm. Please do not postpone questions or interest on this farm, as it will only be available for a limited time. 72+/- Total Acres to be determined by legal survey prior to closing.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
