PRICE REDUCED!! With every inch of this property generating income, this property is a great investment that can generate an immediate ROI! Nearly 100% of this property is tillable acreage with little to no slope and soil types rated for moderate to intense farming. That makes this a great property for row crop production. The current owner leases the property on shares, obtaining 1/3 of the crop income every year. Though this number varies with fluctuation grain markets and the specific crop planted, the owners cut typically ranges between $10k and $15k! That will be passed along to the Buyer, should the property be purchased prior to harvest. Additionally, this property is currently enrolled in CRP Water Way and Buffer Strips, which generates just over $5k annually. That income will become that of the Buyer as well upon closing. The CRP contracts are to expire in the 2025 calenda...
PRICE REDUCED!! With every inch of this property generating income, this property is a great investment that can generate an immediate ROI! Nearly 100% of this property is tillable acreage with little to no slope and soil types rated for moderate to intense farming. That makes this a great property for row crop production. The current owner leases the property on shares, obtaining 1/3 of the crop income every year. Though this number varies with fluctuation grain markets and the specific crop planted, the owners cut typically ranges between $10k and $15k! That will be passed along to the Buyer, should the property be purchased prior to harvest. Additionally, this property is currently enrolled in CRP Water Way and Buffer Strips, which generates just over $5k annually. That income will become that of the Buyer as well upon closing. The CRP contracts are to expire in the 2025 calendar year, which will leave the new owners the chance to explore alternative CRP options or put the entire tract into production. With utilities along the roadsides and road frontage from both state and county highways, this could also be a fantastic opportunity to build your forever home on a property that can put money in your pockets year after year. If a property that generates a return, as well as opens the doors to multiple options for income is something that interests you, give me a call and let’s take a look at this property! Come see for yourself the opportunity that this tract brings to the market!
Property Features:
- Nearly 100% tillable acreage generating income
- 2021 crop income will transfer to the Buyer if purchased prior to harvest
- Approx. 61.37 acres +/- currently in row crop production
- Owner’s 1/3 interest in crop typically ranges between $10k and $15k
- The vast majority of soil types are rated for moderate to intense farming
- Little to no slopes
- Approx. 29.40 acres +/- enrolled in CRP Water Ways and Buffer Strips
- Annual CRP payment is approx. $5263.00
- CRP payment will be transferred to the Buyer
- CRP expires in the 2025 calendar year
- Utilities at the road
- Multiple access points from state and county highways
- Build sites
- Any and all rights transfer
- All numbers are approximate
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