Highway K, La Belle, MO 63447 - Lewis County

This 378+/- acre property (GT Sharp) is located in Lewis Co. MO, just north of Labelle on Highway K. There are currently 340+/- acres in tillable production, and the current farmer will continue to work the property and pay 200.00 an acre cash rent for that right. This produces $68,000.00 of income annually, and a return on investment of 3.59% at asking price.

Soil types on the property are Kilwinning silt loam at 28.6%, and a 1% to 5% slope, Keswick loam at 23.9% with a 9% to 14% slope, and Lindley loam at 21.6% with a 14% to 20% slope.

Dont let the open terrain fool you when it comes to deer on this property. The area has a very high deer density, and rutting bucks will cruise these draws in their travels looking for does. Even better would be if some of the grain could remain un-harvested, and when the snow flies, deer from surrounding farms would make this place home. Having said that, a $10.00 an acre hunting lease could add to an already nice return on investment.

There is an additional 4+/- acres, with 5, 80,000 bushel grain bins that can be purchased for $875,000

The 35+/- acres on the south side of route K can be bought separately for $5000.00 per acre

Hard road access

Electric at property

High production ground

Property listed at $1,890,000.00 or $5000.00 per acre