0000 Jasper Road , Spickard, MO 64683(Mercer County)

Larger income-producing farm tracts have been in short supply recently, so we are pleased to offer this Mercer County, Missouri combination farm that presents a solid return on investment from row crop and pasture rental. There are approximately 212 acres of highly productive tillable bottom ground that features Vigar, Nodaway, and Zook loam class II soils. At $200/acre cash rent, this is generating $42,400 per year. Cropping has consistently been in a soybean/corn rotation. There are approximately 320 acres rented for pasture, with excellent perimeter fencing in place. With 6 ponds on the farm, there are ample water sources for livestock. The largest of the ponds spans over 6 acres and is stocked with bass, bluegill, and crappie. The pasture rent is $80/acre per year, generating $24,800. The farm’s habitat supports large numbers of deer and turkey as well. A hunting lease would easily generate $20/acre for a property like this. An additional $11,420 in hunting lease revenue would boost total annual income to $78,620, offering a 3.5% ROI at the asking price. There are gravel roads on the south and east sides of the farm allowing easy access for stock trailers and other farm equipment. As a bonus, there are several hilltop areas that would make outstanding home build sites with 360-degree views. Both rural water and electricity are available at the road for convenient & cost-effective hookups. A farm like this presents a unique buying opportunity for a property that spans two generations of family ownership and a solid rate of return. Call David Brothers to set up an appointment to tour this farm at (660) 240-3243.

Property Features

-571 +/- acres

-213 acres of class II tillable bottom ground

-320 acres of pasture

-Excellent deer and turkey hunting

-7 acre stocked pond

-6 total ponds

-$67,200 total farm income

-$11,420 additional income in possible hunting lease

-3.5% ROI at list price

-Electric and water utilities at the road