Land for Sale - Coal Mine Ave, New Cambria, MO 63558 - 37.0 acres

37.21 Acres/ Chariton County/ Tillable/ ROI/ Building Site

Coal Mine Ave, New Cambria, MO | Lat/Lng:  39.6598, -92.7305

$215,000
37 ac.
02/19/2025
ACTIVE
Main Listing ImageMain Listing Image

Description

Property Near New Cambria, MO/ PRICE REDUCED!! A Detailed Overview: Nestled close to Highway 36 near New Cambria, Missouri, this farm spans 37.21 surveyed acres, with approximately 32 +/- FSA tillable acres. This conveniently located property, positioned about 10 miles south of New Cambria on Route P, offers both the tranquility of rural landscapes and the convenience of accessibility. It boasts Highway P frontage and gravel road access on two sides, ensuring ease of transportation and connectivity. Prime Location with Excellent Access: The farm is situated on the east side of the blacktop, with direct access from Highway P. Additionally, gravel roads on two sides of the property enhance its accessibility. The proximity to the Chariton River bottoms adds to the scenic charm of this location, making it a desirable spot for both farming and potential residential development. Productive Tillable Acres With 32 +/- FSA tillable acres, the farm provides ample opportunities for agricultural pursuits. The soil quality is commendable, boasting an NCCPI (National Commodity Crop Productivity Index) rating of 66.8, indicating of its fertile and productive nature. This soil rating underscores the potential for robust crop yields and sustainable farming practices. Financial Viability and ROI: Beyond its agricultural potential, the property offers lucrative leasing opportunities. The farming lease generates an annual income of $7,000. Moreover, the farm presents the possibility for an annual hunting lease, contributing an additional $900 to $1,000. Combined, these leases promise a remarkable return on investment (ROI) of 3.7% at the asking price. This financial aspect enhances the property's attractiveness to potential buyers and investors. Future Farming Rights Farming rights for the property are leased from 2025 to 2027, ensuring a steady income stream for the upcoming years. This pre-established lease provides financial stability and predictability, making the investment even more secure and appealing. Potential Building Site: Aside from its agricultural prospects, the farm holds promise as an excellent building site. Utilities are located nearby, facilitating the development of residential structures. The combination of serene rural surroundings and modern conveniences makes this property ideal for those seeking to build a home amidst nature without forsaking essential utilities. Additional Opportunities: The farm's location near the Chariton River bottoms offers potential recreational opportunities. The picturesque landscape and proximity to natural water sources make it suitable for activities such as hunting, camping and hiking. These aspects contribute to the property's overall appeal, attracting both agricultural enthusiasts and nature lovers. Ownership and Contact Information A licensed Missouri Real Estate agent owns this property, ensuring professional and transparent dealings. Interested buyers and investors can contact the listing agents Andy Boyer at 636-295-1476 or Daniel Cordray at 816-244-8670 for additional information and inquiries. The property lines are thought to be accurate but are estimated, emphasizing the importance of a thorough inspection prior to purchase. Conclusion: In summary, this farm near New Cambria, MO, offers a blend of agricultural productivity, financial viability, and potential residential development. Its prime location, good soil ratings, and leasing opportunities make it a valuable investment. Whether you are looking to expand your farming endeavors, invest in a lucrative property, or find a scenic spot to build your dream home, this farm caters to diverse needs and aspirations. For more detailed information and to schedule a visit, please contact the listing agents. Their expertise and knowledge will guide you through the process, ensuring you make an informed and confident decision regarding this remarkable property.

Details

CountyChariton
Zipcode63558
Property Type OneFarms
Property Type TwoRecreational Property
Property Type ThreeHunting Land
BrokerageBoyer Land Company
Brokerage Linkboyerlandcompany.com
Apn032-01-4.0-18-000-00-005.00
Land Listing Agent Photo
Andy Boyer
Boyer Land Company
(636) 295-1476
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