Braymer, MO 64624,TBD SE 224th ST
Braymer, MO 64624,TBD SE 224th ST
Braymer, MO 64624,TBD SE 224th ST
Listed by Derek Payne • Midwest Land Group
$429,250
Est. payment /mo
$429,250
Est.Price: ?

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68.68 Acres Lot
SOLD DATE : 11/30/2023

Key Details

Sold Price $429,250

Property Type Vacant Land

Sub Type Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 2460854

Sold Date 11/30/23

Annual Tax Amount $145

Lot Size 68.680 Acres

Acres 68.68

Property Sub-Type Land

Source hmls

Property Description

Located a short drive South of Braymer, MO on the Ray/Carroll County line lies this highly tillable 68.68+/- acre row crop farm! The farm is nearly 95% tillable boasting approximately 65 tillable acres in production on a bean/corn rotation. The farm has been very well maintained and is in great shape. Terrace and tiling was installed in 2021 further improving the farm. The farm is open for the 2024 crop year, but the tenant has expressed a large interest in renting the farm back on a 1-5 year year lease at $200/tillable acre. This presents a cash rent income of $13,000. A strong potential for an annual hunt and fish lease is very possible as well for additional income boosting the overall ROI making this a great investment whether you're a local farmer or an investor looking to add another highly tillable tract to your portfolio. At list price the farm sits at a 3% return without a hunt/fish lease.

The pond on the farm is clear and in great shape. It is fully stocked as well providing some recreational value! As we toured the farm and got photos I decided to fish the pond. Nearly every cast a fish was caught! Located behind the pond is a nice active well. The farms near by on all sides provide a ton of cover for wildlife, additional food, and it is evident by the buck rubs along the south tree line that deer frequent this farm. It is clear while touring the farm that harvesting whitetail on the farm is high probability. Utilities are located along the road as well. You do not want to miss out on this great investment!

Owner/Broker

Location

State MO

County Ray

Interior

Fireplace N

Building

Lot Description Acreage, Pond(s)

Water Rural

Schools

School District Braymer C-4

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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