Income Producing Property Near Mississippi River
PRICE REDUCED! This income producing combination farm is located in a secluded location at the end of Maple Street but less than 2 miles from I-55. The farm lies just above the Mississippi River completely out of the floodplain but offers the quality river hills soils. The farm is currently being converted from cattle production over to row crops. The current owner/tenant has a $175 cash rent per acre, based off of 90 tillable acres, for a total of $15,750.00 per year. The balance of the farm includes 4 ponds with 3 of them being stocked, hardwood timber and brush. There is no shortage of wildlife sign making this an awesome farm to hunt. The Cue Creek borders the property on the south giving this farm an endless supply of water sources for the surrounding wildlife. If you are looking for your own year round hunting and recreational property with great views and potential building sites ...
PRICE REDUCED! This income producing combination farm is located in a secluded location at the end of Maple Street but less than 2 miles from I-55. The farm lies just above the Mississippi River completely out of the floodplain but offers the quality river hills soils. The farm is currently being converted from cattle production over to row crops. The current owner/tenant has a $175 cash rent per acre, based off of 90 tillable acres, for a total of $15,750.00 per year. The balance of the farm includes 4 ponds with 3 of them being stocked, hardwood timber and brush. There is no shortage of wildlife sign making this an awesome farm to hunt. The Cue Creek borders the property on the south giving this farm an endless supply of water sources for the surrounding wildlife. If you are looking for your own year round hunting and recreational property with great views and potential building sites then you definitely need to check this offering out. Call today to set up your own private tour.
Property Features:
- 2 miles east of I-55 and Scott City, 10 minutes SE of Cape Girardeau, 25 minutes north of Sikeston and 2 hours south of St Louis
- 90 acres going into row crop production in the spring of 2021
- Cash rent paying $175 per acre or $15,750.00 per year
- Current owner/tenant is willing to sign a long term lease if buyer desires
- 4 ponds with 3 of them being stocked
- Cue Creek is the south east property line
- Large Quonset hut building perfect to store all of your equipment
- Nice stand of hardwood timber
- Very secluded with a gated entrance at the end of a dead end road
- Great hunting opportunities in this area, this farm already has all of the natural ingredients you need for a great hunting farm but with the addition of some QDM practices it could really be top notch
- The NW corner of the farm offers a good ravine which would be a great potential lake building site
- Electric is readily available along the road
- Real estate taxes are $282.00
- 90 acres going into row crop production in the spring of 2021
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