LEWIS COUNTY MO 77: Damron West

This 77+/- acres is located in Lewis County, MO, north of Labelle, with 58.97+/- of the acres currently in tillable production. The west side of this farm has thick draws that hold deer and other wildlife, making this a nice combo farm with great income.

The soil types are largely Keswick loam, 53.6% and Gorin Silt Loam, 22.9%. The current farmer has offered to continue working this farm, and will pay $200.00 an acre cash rent for that right. This produces $11,794.00 of annual income, and a kicks off a 3.82% return on investment at asking price. With the hunting available here, this property would justify a $15.00 to $20.00 hunting lease, producing another $1,155.00 and increasing the return to a possible 4.20% return at asking price.

NOTE**PFRG has 25 farms currently listed for sale in Lewis County, several of which are very close to this property. See attached map, or call for more i...