Land for Sale - 11953 Old US Hwy 40, Montgomery City, MO 63361 - 78.0 acres

Beautiful Hunting And Investment Farm With Cell Tower Income

11953 Old US Hwy 40, Montgomery City, MO | Lat/Lng:  38.9068, -91.6422

$625,000
78 ac.
04/29/2025
ACTIVE
Main Listing ImageMain Listing Image

Description

Check out this nice hunting and investment farm right off of I-70! There are approximately 35 acres in tillable production that is being cash rented at $3500 annually and has the potential for a higher cash rent in future years. The US Cellular cell tower on the southwest corner is currently paying $614/month and goes up by a 3% increment each year, totaling $10,868 of annual income for 2025. There is a 2 bed/1 bath home and a machine shed on the southeast corner of the property that could be used for full time living or a great rental property. The home has good bones, and with a little rehabbing it could be made very nice. The rest of the property sets up well for whitetail hunting, and the little tillable coves surrounded by timber are perfect for food plots and box blinds. This area puts out some quality trophy bucks and it should be pretty easy to lure them into range with the right set up! A county road runs along the north end of the farm and makes for great access from each end of the property. Just a few minutes from Cranes Country Store at the Williamsburg exit on I-70! To schedule a private showing, call Aaron Bennett today!

Details

CountyCallaway
Zipcode63361
Property Type OneRecreational Property
Property Type TwoResidential Property
Property Type ThreeHunting Land
BrokerageWhitetail Properties Real Estate
Brokerage Linkwww.whitetailproperties.com/agents/aaron-bennett
Land Listing Agent Photo
Contact Agent:Email Land Listing Agent
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