Beautiful CRP Farm with Half Mile of Blacktop Frontage

Property Description

Located south of Freeman on blacktop State Route O is this beautiful 80 +/- acre offering. Planted mostly in native warm season grasses, 63.6 acres are currently enrolled in CRP and with one year remaining of the 10-year contract, the new landowner will assume the contract and receive the final annual payment in the amount of $5,148. Once the CRP contract expires on 09/30/2023, the farm can be put back into row crop production, put into hay or pasture, managed for recreation, and/or built upon, etc. If the landowner wishes to build prior to the expiration of the contract, the acres desired to be utilized could be bought out of the program. The ground is made up of fertile Class II and III soils. It has beautifully-rolling topography, with several suitable homesites. The south half has some wooded draws, providing nice diversity to the property. Power and water utilities are available at the road. With half a mile of highway frontage, the farm is under 40 minutes from the metro and is in the Drexel School District. For the investor or buyer wishing to recoup some of their capital, this land lays out very well for dividing. Also, the seller is open to offers to divide.