315 Hyde County Farmland Acres

Property Description

315 +/- deeded acres with 281.64 FSA farmable acres, the rest in non-tillable grassland. Productive Index on this parcel is 55.9%.

The long-standing lease on the property is $70.84/acre on the tillable ground and $25/acre on the non-tillable grassland acres. The taxes on this parcel are $1,971.28 yearly.

There is also a wind tower easement on this property. The 2024 payment was $5,365.71 and will continue to grow by 4% yearly until 2067 which will only raise the ROI on the property. There is also a chance of wind towers being built on the property at a later date for additional income.