Listed By:
Midwest Land Group
Address
220 Road, Grant City, MO
Price
$ 799,900
Property Attributes
  • MLS#2488915
  • TypeLand
  • CountyWORTH
  • CityGrant City
  • Area999 - Other Missouri Area
  • Zip64449
  • StyleLand
  • Price$ 799,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size150 Acres
Data Source:
Heartland MLS (HMLS)
Property Description

Price Reduced! This investment and recreational farm located in Worth County, Missouri offers substantial income and various recreational uses with a picturesque gently rolling landscape. Consisting of 150 +/- total acres with 121 +/- tillable acres in production, strategic grass waterways, two ponds, and mature timber draws this farm is located at the end of a dead-end gravel road, offering great access but still very remote and secluded. Offering a 3.4% ROI at asking price before a hunting lease with a tenant wanting to execute a long term lease. The tillable land on the farm is in great condition with a cover crop on and oversized grass waterways in place to mitigate soil erosion. The farm has an excellent reputable farm tenant with a lease in place at $225 per tillable acre providing $27,225.00 per year. The farm has been planted in beans for 2024 which were drilled into the current cover crop. The beans are beginning to sprout and the farm will be sprayed soon by the farm tenant. The current farm lease expires at the end of 2024 however the tenant would prefer to continue a long-term lease on the farm no less than the $225/acre rental rate. The tillable acres consist of predominantly Class III and II soils known as Shelby and Kennebec Silt Loam. The rolling topography on the farm increases the recreational and hunting aspects along with the grass waterways and timber draws creating additional wildlife habitat. There are several deer trails throughout, excellent turkey roosting trees on the perimeters, and two ponds one of which the dam has been opened but could be expanded significantly to make a nice fishing pond. There is currently no hunting lease in place for 2024 so this can all be enjoyed this coming fall season, or added on for additional income this year. This is an excellent investment and recreational farm option in Northwest Missouri.

Price History
5/17/2024 Listed $839,000
6/10/2024 5% - $799,900

General Features

Sewer No Sewer
Possession Negotiable
Zoning Ag
Property SubType Land
Current Use Agriculture,Investment,Recreational
Assoc Fee Paid Per None
County Worth
Property Type Land
HOA / Comm Assn No
Subdivision Name None
Possible Use Agricultural,Rural
Status Active
Directions From Worth Missouri take 220th Rd west 2 miles to farm entrance on north side of road.
City Grant City
Association Name NA
High School District Worth County
MLS Area 999 - Other Missouri Area
Lot Size Units Acres
Lot Size Square Feet 6534000
Listing Terms Cash,Conventional,Other
Public Remarks Price Reduced! This investment and recreational farm located in Worth County,Missouri offers substantial income and various recreational uses with a picturesque gently rolling landscape. Consisting o
Standard Status Active
In Flood Plain Unknown
HMS_MaintenanceProvidedYN No

Exterior Features

Water Source No Water
Lot Size Area 150
Road Surface Type Gravel
Road Responsibility Public Maintenance
Agriculture Type Grain/Crops

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 64449

Price
AVG $800K
$800K
Visits
AVG 128
128
Data Provided by Inside Real Estate®

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