State Hwy. B, Princeton, MO | Lat/Lng: 40.4843, -93.7105
$693,000
99 ac.
09/20/2024
ACTIVE
Description
Property # 77760
Highly tillable farm tracts are hard to come by these days! This 99-acre m/l farm is 90% tillable and offers strong dirt! The majority of the farm is Lamoni clay loam and Grundy silty clay loam. The current owner would love to lease back the 89 tillable acres at $200/acre for a 3-year term. This would generate a whopping $17,800 of annual income.
Features of the farm include:
- 89 tillable acres
- Optional $200/acre cash rent for 3 years
- Great access off State Hwy. B
- Mostly Grundy & Lamoni Soil
- $17,800 annual income
- Could produce more income with 2025 hunting lease
Details
County: Mercer
Zipcode: 64426
Property Type One: Farms
Property Type Two: Undeveloped Land
Property Type Three: Hunting Land
Brokerage: United Country Nelson Real Estate & Auction Company