REB Investment CO Farmland Auction Tract 4

Buchanan County Missouri Bottom Land Auction

Location: St Joseph MO

Short Legal: Twn57N, Rng36W, Sec 34.

Total Acres: 35.5+/-

Directions: South of Saint Joseph on Hwy 59 to U Highway.  West on U approximately 1/2 Mile to SW Nelson Road. Take SW Nelson Road North 1½ mile (will eventually turn West). Farm on South Side of Road.

Possession:  Farm is currently leased for the 2022 crop year. Lease will transfer with the property.  This is a one year lease.  Buyer will be credited a proration of the rent for the 2022 crop year.  Buyer’s portion of the prorated rent will be $3,762.50 (issued as a credit at closing).

Method of Sale:  Farm will be offered by online auction only.  The bidding will open starting July 4^th and ending on July 11^th, 2022.

Taxes: $93.65 (2020 Tax Year).

South St Joseph Drainage and Levee District Tax Levy for 2021: $241.38

Closing Date: Farm must be closed on or before August 24^th, 2022.

Soils: Soils predominantly Haynie silt loam, 0 to 2 percent slopes, Class 1 Soils, with some Onawa silty clay, 0 to 2 percent slopes and Albaton silty clay, 0 to 2 percent slopes.

FSA Information: Total Acres 35.5+/-, Cropland Acres 35.5+/-. 

Description: Extremely rare small tract nearly entirely tillable.  Class 1 excellent soils. Located on hard surface road with great access.  One of the best small tracts we have to offer.  Great investment potential.

Farm is conveniently located South of Saint Joseph MO with several grain outlets being in close proximity.  Strong farming community with plenty of successful farming operations if you are looking for a tenant.  Current tenant on the farm has done a great job with the farm.