0000 US Highway 136, Ridgeway, MO 64481 - Harrison County

This 568 +/- acres in Harrison County, Missouri, presents income diversity and a solid return on investment. This farm has exceptionally fertile & productive soils. With an NCCPI rating weighted average of 67.8, this farm has sustained very good yields on both corn and soybeans. There is currently a cash rent agreement in place at $250/acre on 321 tillable acres ($80,250/year). There are two small CRP contracts in place. The first one encompasses 9.61 acres which will expire on 09/30/20234 which produces $1,492/year. There are an additional 6.4 acres actively enrolled in CRP, generating $1,121 annually, through 2033. There are an additional 140 acres of ground currently in pasture. Much of this could certainly be put into row crop production if desired. The seller would rent the 140 pasture acres back for $75 per acre (adding $10,500/year).

The recreational value of the farm cannot be overlooked. There are several ponds on the farm that are stocked with big fish. The crappie fishing here is simply outstanding. This farm also supports some of the best deer and turkey hunting available in northern Missouri. Farms like this could easily be leased out for hunting at rates of $30/acre or more. That could add another $17,040+ per year in income. Total annual income derived from all sources is at $110,403. There is both electricity and rural water on the property, and a new septic system is currently being installed. There are three equipment sheds on the property as well. Two of the three were just completed within the last year. The biggest is 72'x250'. The front half of the structure has a concrete floor. The back half has a dirt floor. The second shed is 45'x90'. This has a concrete floor throughout, with steel siding inside and out. The older shed is 30'x50' with a dirt floor. This is a very solid structure and is still serviceable.

Please call David Brothers to schedule your tour of this big income producer at (660) 240-3243.

Property Features

-568 +/- acres

-321 +/- tillable acres

-$250/acre cash rent

-Exceptional soils for crop productivity

-Additional income sources if desired

-Income north of $110,000 possible

-Excellent deer & turkey hunting

-Brand new 72'x250' equipment shed

-Brand new 45'x90' equipment shed

-Older 30'x50' shed in good shape

-Rural water & electricity on property

-New septic system being installed

-Easy access via US Highway 136