Great investment opportunity with a 3.5% Return at asking price! Land is in Second year of Five year farming lease at $235/acre (45 acres workable)($10,575/year). Land also has yearly renewed hunting lease at $1,200/year. Great farm ground with a great return rate! Taxes are approx. $2/acre. All leases on property can be assigned, it's the perfect time to add this property to your investment portfolio!
DISCLAIMER: The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS").
Copyright 2021, Heartland Multiple Listing Service, Inc. Heartland MLS and Better Homes and Gardens Real Estate Kansas City Homes do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring.
Listing information last updated on January 19th, 2021 at 3:34pm CST.