1,120+/- Acres, Top Quality Missouri River Bottom

Available

Price: $12,500,000

Location: CR 512, Norborne, MO 64668 (Carroll County)

School District: Norborne R-VIII

Download Documents:
Aerial Mapright
Aerial Surety
Aerial FSA
Plat Map
Soils_Map
ez 156

Acres:
1120+/- Total Taxed Acres
1,100.71 FSA Total Acres
963.67 FSA Tillable Acres

CRP Information: N/A

Taxes: $16,400 per year, includes property and levee district.

Property Features:
Investors L@@K
Opportunity for Nice Return on Investment
Call for Lease and Depreciation Details
Outstanding Missouri River Bottom Row Crop
1,120+/- Contiguous Acres
Good Percentage of Bench Ground (higher elevation)
Excellent Class II Soils
Interior Drainage with 35,000 GPM Levee District Pump Station
Great Local Grain Markets, 4-miles & 14-miles (Norborne & Carrollton)
Nice Opportunity Exists for Future Expansion of Acres
Nearly 87% Tillable
4-year Lease with Excellent Local Farmer
6-grain Bins, 42,000 BU Total
1982, 9-Tower Valley Pivot
1980, 6-cylinder Cummins Irrigation Motor/Generator/Cart
1982 Harvestor Slurry Store 500,000 Gallon with Pump
25′ x 65′ Harvestor Silo
20′ x 50′ Harvestor Silo
20′ x 30′ Harvestor Silo
Fairbanks Cattle Scale, 7-tons
40′ x 120′ Morton machine Shed
20′ x  40′ Steel Machine Shed
2-story Home, needs extensive work but solid

Property details:

Investors seeking a high quality farm, with good ROI potential, should inquire to receive cash rent and depreciation details. This farm has one of the strongest cash rent leases of any farm in Missouri. The lease combined with depreciable improvements offers an appealing return on investment. The farmer is local professional, with many years of experience farming neighboring farms. He’s comfortable with his current 4-year cash rent arrangement. The farm is a strong producer, the soils are loamy “the right kind, not a lot of sandy or clay based soils.”

This Carroll County MO giant is a top-shelf Missouri River Bottom farm. Prior to 2021, the same family owned the farm for more than 80-years, two generations. The farm offers excellent levee protection and good percentage of higher elevation of bench ground. Excellent class II soils with interior drainage that includes a 35,000 GPM local levee district pumping station. Only 6-times, in 80-years, has the property experienced crop loss due to flooding. Competitive local grain markets are available in Norborne (4-miles) and the ethanol facility in Carrollton (14-miles). The farm is nearly 87 percent tillable, offering 1,100.71 FSA total acres, of which 963.67 are FSA tillable acres. The farm is leased for 4-years (2022 – 2025) with an excellent local farmer.

Note: The current owner purchased this farm in 2021, as a 1031 exchange property from the family that owned it for 80-years. Six months later, a larger farm, much closer to home became available to them. This is the reason for selling. The current owner said, “this may be the best dirt we’ve ever owned but it’s a 2-hour drive, rather than a 30-minute drive to the other property.” He also said he believes, “300 Bu corn is not out of reach for the farm.”

Showing Instructions: Contact the listing agent before accessing the property. 

Directions: From Norborne, MO, South on HWY 10, East on 510, South on 517, West on 512.