Property
$164,00040.17 Acres
Off Market
Off Market
$164,00040.17 Acres
Off Market

Gospel Road, Lot #WP001, Weatherby, MO 64497 - DeKalb County

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Property ID 8310011

Investment Grade Farm With Hunting And Build Sites

Here's your chance to own an investment-grade farm that you can also hunt and build on. The crop ground is currently leased to a reputable tenant through 2024 at a whopping $4,926 annually! This is paid twice a year, so a new owner would be eligible to receive a check for $2,463 (½ of this year’s rent) on 12/1. The crop lease is based on 32.84 m/l tillable acres, rented at $150 per acre. Hunting leases in this area frequently bring $10-20 or more per acre, which could put this farm up to 3.5% return at list price. If you’re looking for a farm to build a home or cabin, this one is worth a look. Utilities are available along the road, and the nearest hard-surface road, State Rt D, is approximately a half-mile to the west of the boundary. This property is shown exclusively by appointment only. Please call today for more information, or to schedule your private tour.

Property Features:

- Long-term cash rent agreement pays $4,926 annually through 2024

- Hunting leases in this area frequently bring $10-20 per acre, or more

- Property was recently surveyed

- Wooded draws, fencerows, and a hidden field offer hunting opportunities for deer, turkeys, and upland birds

- Utilities are available along the road and hard surfaced road is about ½ mile to the west

- 1 hour 10 minutes to Kansas City; less than 1 hour to St. Joseph

From elevation to risk assessment

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Whitetail Properties Real Estate

Gallatin, MO

(816) 824-6282
Listing provided by
Jason Patterson
Whitetail Properties Real Estate(816) 824-6282
Listing last updated: February 6, 2022 at 3:07 AM
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Land for Sale by Jason Patterson