Special offer

3089 Acres of Quality Row Crop within an hour of Kansas City, Owner Must Sell! Turn Key Investment Farm For Sale!

Reblogger
Real Estate Agent with Keller Williams Integrity NW 40155784

Rod has given me all the information on this farm as well as the pictures and etour.  I will be getting this property out in front of as many people as possible.  A great opportunity for the right buyer!

Original content by Rod White
1200 NW Road Blairstown, MO
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The Henry County Heartland Investment, as we call it, has been owner operated for decades by the Norcross Family and was originally held as a "C" Corp, preventing the family from selling the farm without an incredible tax liability. The farm boasts tremendous value in it's entirety from the fertile soils and irrigated fields to the multiple houses that can either be split off or rented out for additional cash flow. An appraised value of nearly $1,000,000 in farm equipment and livestock is included in the price and offers can be presented excluding the livestock and machinery, reducing the investment cost to the buyer dramatically, if necessary. This is an excellent investment opportunity with the abilty for a single investor, or investment group, to purchase the entire farm at such a discount, that an additional gain on the investment in the short term is extremely attractive. This makes the investment even more appealing as multiple landowners in the area have already expressed interest in the smaller portions of the farm whom can't purchase the entire property. Most of the pasture acres could also be converted to row crop acres allowing the investor to truly capitalize on this exceptional opportunity. Average Summarized Row Crop History... 2004-2008 Averaged 39.6 Bushels Per Acre in Beans and 126.2 Bushels Per Acre over 1504 total Row Cropped Acres. See Norcross Yields Download above description for details. The balance of the acres are currently in pasture, ponds and farmsteads. Because the family has a passion for cattle, many, many more acres could be established in Row Crop. In the past 10 years, the USDA has issued over $990,000 in subsidy payments to Norcross farms. That's approx. an additional $100k in annual income. Some of the farm details are as follows... * two pivots on irrigated fields (one - 100 acre field, one 125-130 acre field) * 130 bushels of storage with perferarated floors * 2 big machine sheds * multiple small ponds and two small lakes including crappie, bass, bluegill, and catfish * Roughly 50% of the property is currenetly in crops and the balance is in pasture and timber * Taxes are approx. $4 per acre * 5 homes with only one home vacant * 2 of the homes are owner occupied * Quality cow herd * Well maintained machinery * Previous no-till farming practices * Clean fencerows * Excellent government payments * 5 deep wells * Several miles of blacktop road frontage * Rural water * Hunting and Fishing opportunities. Additionally, there is an equipment list provided on our home as an attachment on this listing page with an appraisal attached. Log onto http://www.LandAndGame.com for complete ag history, soil maps, and more! Just click on the brown links above the description to generate those documents. Call Rod White, at 319-217-0392 for more information on this impressive large acre investment!!
MLS# 3089Acres
$7,500,000
4 Bed, 4 Bath
1200 NW Road
Blairstown MO, 64726

EXIT LAND AND HOME REALTY

Rod White
Rod White
EXIT LAND AND HOME REALTY
319-217-0392

Rod White
Iowa and Missouri Recreational Property Specialist
 
The Rod White Land and Game Company
www.LandAndGame.com
rwhite@landandgame.com
Fax: 888-228-6786
Cell: 319-217-0392

 
Rod White is a licensed
real estate broker and owner of
Land And Home Realty, LLC.
215 W. Washington St.
Mount Pleasant, IA 52641
Cell: 319-217-0392
Office: 319-385-3833
Main Office 319-524-1684
Licensed in Iowa and Missouri

 

Comments (1)

Menlo Park Real Estate and Homes for Sale
Wende Schoof - Menlo Park, CA
WendeByTheBay.com - 650.504.0219 - SF Peninsula

Travis, this is really interesting!  I have never looked at a farm listing before.  It seems like someone would get a lot for their money with this, though I don't know what row crops actually are, or how much the ideal ROI would be or even how it would be calculated.  It must be complicated to do listings like this! 

Oct 11, 2010 04:54 PM