If income and return on investment with an option to build is your primary objective, this one deserves a look. This tract has produced $200 - $400 per acre over the past three years annually through the 29.5 acres of river bottom tillable acres. That’s an annual return on investment between 4% and 7.3%, and that’s calculated on the asking price! There is an excellent building site with water and electric available at the road. This property also offers approximately 1,928 feet of Licking River frontage. Call today to set up your private showing!!
Property Features:
- Income farm with 1,928 feet of Licking River Frontage
- 29.5 acres provides $200-$400 cash rent annually
- A return on investment between 4%-7.3% at asking price
- Tobacco barn with fenced enclosure and pond are right off the blacktop
- Water and electric available at the road
- Excellent building site
- 10 miles from Carlisle, 40...
- 10 miles from Carlisle, 40 minutes to Paris, and 40 minutes to Maysville
- Taxes are $416.00 annually
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