Property
$2,061,000458 Acres
Off Market
Off Market
$2,061,000458 Acres
Off Market

Blackjack Rd and I-70, Higginsville, MO 64037 - Lafayette County

Static Google Map
Property ID 1111278

458 acres in Lafayette County, Missouri

Acres - 458 +/- with approximately

403 Acres tillable

Presently 368 acres is tilled with an additional 35 acres coming out of CRP this year that can be tilled.

Price - $2,061,000 or $4,500 /Acre

Amenities - Seven acre lake with docks and small pond. Catfish, bass, bluegill and croppie. Abundant deer and wild turkey on site.

Improvements - Land is partially tiled and terraced. 42x60 Morton metal building.

Yields - Beans - avg 40-50 Bu/acre

Wheat - 2012 yield was 70 Bu/acre

Corn - all in beans and wheat previously until 2012 yields not in yet for this year's corn crop.

Rent - Present tenant farmer is paying $269.00 per acre cash rent. Need to negotiate same rent for next year.

Taxes - $4.00 per acre or $1,832.00

Income - 403 tillable acres at 269.00 = $108,407

Less taxes 1,832

$106,575

or 5.1% return

From elevation to risk assessment

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Directions

Location Approximately one mile east of Highway 13 and on the south side of I-70. Hard surfaced road on the north, gravel roads on the east, south and west sides.

Contact Seller
ReeceCommercial

Leawood, KS

(913) 359-9283
Listing provided by
Dick Stephens
ReeceCommercial(913) 359-9283
Listing last updated: April 26, 2023 at 9:07 AM
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