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13 Highway

Rayville, MO 64084
  • $582,800
  • STATUS: Active
  • ON SITE: 17 Days
  • ID#: 2418181
UPDATED: 68 min ago
$582,800
  • 0
    BEDS
  • 94
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Farm
County:
Ray

School Ratings & Info

School District:

Description

This is an incredible farm that lays nicely and has a picturesque landscape with multiple options. Consisting of 94 total acres in Ray Co, MO, located on Hwy 13 north of Richmond, this farm has 72.5 tillable acres that are currently enrolled in CRP, a acre stocked pond, excellent asphalt road frontage, and 20 +/- acres of timber. The CRP contract has 8 years remaining at $191.30 per acre providing $13,867.34 of income per year! This 94 is a vast and stunning farm with utilities at the road where a landowner can hunt, fish, and build overlooking a gorgeous view next to the pond. The pond is positioned near the northwest corner where someone could have a nice drive off of Highway 13, and long-term appreciation would be excellent given the location and road frontage. Utilities include public water and electric at the road giving you the ability to tie in where a new owner decides. From a farming perspective, there is an option to buy out the CRP contract and have a productive farm with 72.5 crop acres. There is opportunity to clear out some of the brush and timber and expand the number of tillable acres to at least a 90% tillable farm. The soli on the tillable land is predominantly a mix of Class II and Class III soils and it is terraced on a portion of the farm. From the investor's standpoint, the annual income is guaranteed through the current CRP contract expiring in September of 2031. Hunting would include whitetail, turkey, quail, pheasant, and possibly waterfowl. We jumped a huge covey of quail taking photos and multiple whitetails have been taken on the farm. The annual return would increase as this would bring a strong hunting lease option and with the convenient blacktop access and multiple entry points, this farm will continue to become more valuable for potential development. It checks several boxes for any buyer looking to own a well-maintained investment and recreational farm with an option to build in a convenient location on Highway 13.

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Heartland MLS Terms of Use

The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS"). Copyright 2023, Heartland Multiple Listing Service, Inc. Heartland MLS and MOJO Real Estate | Keller Williams Kansas City North do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. Data last updated: 2023-02-03T19:45:00.617.

Based on information submitted to the MLS GRID as of 2023-02-03T19:45:00.617 All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.mojorealestatekc.com/homes/136099188
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13 Highway Rayville, MO 64084

  • Price: $582,800
  • Status: Active
  • On Site: 17 Days
  • Updated: 68 min ago
  • ID#: 2418181
0
Beds
0
Baths
0
½ Baths
94
Acres
Neighborhood:
Other
County:
Ray
Area:
999 - Other Missouri Area
School District:
Richmond
Property Description
This is an incredible farm that lays nicely and has a picturesque landscape with multiple options. Consisting of 94 total acres in Ray Co, MO, located on Hwy 13 north of Richmond, this farm has 72.5 tillable acres that are currently enrolled in CRP, a acre stocked pond, excellent asphalt road frontage, and 20 +/- acres of timber. The CRP contract has 8 years remaining at $191.30 per acre providing $13,867.34 of income per year! This 94 is a vast and stunning farm with utilities at the road where a landowner can hunt, fish, and build overlooking a gorgeous view next to the pond. The pond is positioned near the northwest corner where someone could have a nice drive off of Highway 13, and long-term appreciation would be excellent given the location and road frontage. Utilities include public water and electric at the road giving you the ability to tie in where a new owner decides. From a farming perspective, there is an option to buy out the CRP contract and have a productive farm with 72.5 crop acres. There is opportunity to clear out some of the brush and timber and expand the number of tillable acres to at least a 90% tillable farm. The soli on the tillable land is predominantly a mix of Class II and Class III soils and it is terraced on a portion of the farm. From the investor's standpoint, the annual income is guaranteed through the current CRP contract expiring in September of 2031. Hunting would include whitetail, turkey, quail, pheasant, and possibly waterfowl. We jumped a huge covey of quail taking photos and multiple whitetails have been taken on the farm. The annual return would increase as this would bring a strong hunting lease option and with the convenient blacktop access and multiple entry points, this farm will continue to become more valuable for potential development. It checks several boxes for any buyer looking to own a well-maintained investment and recreational farm with an option to build in a convenient location on Highway 13.
Exterior Features

Agriculture Type Grain/Crops Lot Features AcreageLevelPond(S)Treed Road Frontage Type Highway Road Responsibility Public Maintenance Road Surface Type Asphalt

Property Features

Association Fee 0 Association Fee Frequency None Association YN No Current Use AgricultureInvestmentRecreational Development Status Raw Land In Flood Plain Unknown Inside City Limits No Listing Agreement Exclusive Right To Sell Listing Terms CashConventionalOther Maintenance Provided YN No Possession Negotiable Possible Use Agricultural Property Sub Type Land Sale Options Complete Parcel Sewer No SewerSeptic Tank Tax Total Amount 0 Telecommunication Fiber - Available Utilities Electricity - Verify Water Source PublicPws Dist Zoning Ag

Listing information © 2023 Heartland MLS as distributed by MLSGRID.
Listing courtesy of Midwest Land Group Llc.



Heartland MLS Terms of Use

The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS"). Copyright 2023, Heartland Multiple Listing Service, Inc. Heartland MLS and MOJO Real Estate | Keller Williams Kansas City North do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. Data last updated: 2023-02-03T19:45:00.617.

Based on information submitted to the MLS GRID as of 2023-02-03T19:45:00.617 All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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