Investment and Recreation All in One

Property Description

We are bringing to market a very well-cared-for farm with terraces and tiling in DeKalb County, Missouri! Located in eastern DeKalb County and just under a 1 hour drive north of Liberty, Missouri lies this incredible farm with 79 +/- FSA acres. This property is located just 3/4 of a mile off blacktop. The mix of great recreation and investment is quite evident while touring the farm. Don’t let the aerial map fool you! While touring this farm you will be highly impressed with the recreation the farm offers with the elevation changes, timber draws, secluded small fields, and row crop production.

This property consists of 70 +/- tillable acres in row crop production and just over 88% tillable with the remainder in waterways and timber. The farm is currently in soybeans and they are some of the best-looking soybeans I’ve seen this year yet! The farm is terraced and tiled. It’s clear the terraces and tiling have been very well taken care of. Multiple farmers gave the seller a cash rent bid and stated how impressed they were at how well the farm had been maintained as a whole. This tract offers a massive amount of field edge, bedding areas, elevation changes, pinch points, ditches, draws, and crops. While arriving at the farm at sunrise to get photos of the farm, the deer were munching on the soybeans and quail were running down the middle of the road in front of the farm! There are a number of massive roost trees lining the ditches and scattered throughout the timber as well.

The 70 +/- acres of row crop production has a new 3 year cash rent agreement with a well-known local farmer starting in 2023. The cash rent lease will bring in $190/tillable acre or $13,300 annually and is leased until Dec 31st, 2025. The cash rent is paid 1/2 on March 1st and the second half on December 1st of each year. For the investor that would like to rent the hunting rights out on the farm, it would bring in an annual $1,500-$2,000 hunt lease. With a 3 year cash rent lease in place and the possibility of a $1,500-$,2000 annual hunt lease, this will make both the recreational buyer and the investment buyer a great farm! This is just over a 3% return at the list price.

Overall this is a very well-rounded farm and has much to offer! You do not want to miss out on your chance to tour this beautiful property. For additional information or to schedule a private showing, please contact Derek Payne at (573) 999-4574.