County Road 512, Norborne, MO 64668 - Carroll County

Investors seeking a high quality farm, with good ROI potential, should inquire to receive cash rent and depreciation details. This farm has one of the strongest cash rent leases of any farm in Missouri. The lease combined with depreciable improvements offers an appealing return on investment. The farmer is local professional, with many years of experience farming neighboring farms. He is comfortable with his current 4-year cash rent arrangement. The farm is a strong producer, the soils are loamy the right kind, not a lot of sandy or clay based soils.

This Carroll County MO giant is a top-shelf Missouri River Bottom farm. Prior to 2021, the same family owned the farm for more than 80-years, two generations. The farm offers excellent levee protection and good percentage of higher elevation of bench ground. Excellent class II soils with interior drainage that includes a 35,000 GPM local levee district pumping station. Only 6-times, in 80-years, has the property experienced crop loss due to flooding. Competitive local grain markets are available in Norborne (4-miles) and the ethanol facility in Carrollton (14-miles). The farm is nearly 87 percent tillable, offering 1,100.71 FSA total acres, of which 963.67 are FSA tillable acres. The farm is leased for 4-years (2022 2025) with an excellent local farmer.

Note: The current owner purchased this farm in 2021, as a 1031 exchange property from the family that owned it for 80-years. Six months later, a larger farm, much closer to home became available to them. This is the reason for selling. The current owner said, this may be the best dirt weve ever owned but its a 2-hour drive, rather than a 30-minute drive to the other property. He also said he believes, 300 Bu corn is not out of reach for the farm.

Property Features:

Investors LOOK

Opportunity for Nice Return on Investment

Call for Lease and Depreciation Details

Outstanding Missouri River Bottom Row Crop

1,120+/- Contiguous Acres

Good Percentage of Bench Ground (higher elevation)

Excellent Class II Soils

Interior Drainage with 35,000 GPM Levee District Pump Station

Great Local Grain Markets, 4-miles & 14-miles (Norborne & Carrollton)

Nice Opportunity Exists for Future Expansion of Acres

Nearly 87% Tillable

4-year Lease with Excellent Local Farmer

6-grain Bins, 42,000 BU Total

1982, 9-Tower Valley Pivot

1980, 6-cylinder Cummins Irrigation Motor/Generator/Cart

1982 Harvestor Slurry Store 500,000 Gallon with Pump

25 x 65 Harvestor Silo

20 x 50 Harvestor Silo

20 x 30 Harvestor Silo

Fairbanks Cattle Scale, 7-tons

40 x 120 Morton machine Shed

20 x 40 Steel Machine Shed

2-story Home, needs extensive work but solid