$725,000
$725,000
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TBD NW 1201st RD Holden, MO 64040
98.22 Acres Lot
Key Details
Sold Price $725,000
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 2507293
Sold Date 11/04/24
Originating Board hmls
Lot Size 98.220 Acres
Acres 98.22
Property Description
Located just under 30 minutes east of Lee’s Summit, MO and just 3 miles SE of 50 Highway at the Pittsville exit lies this highly tillable 98.22 surveyed acre row crop and development farm! The farm is 97% tillable boasting approximately 95 tillable acres currently in production with excellent soil. The soils on the majority of the farm are Sampsel silty clay loam and Haig silt loam. The farm has been very well maintained and is in great shape. Terraces have been installed further improving the farm. If you’re purchasing for an investment the seller has expressed a large interest in renting the farm back on a 2-3 year lease at $225/tillable acre. This presents an annual cash rent income of $21,375. This is a great investment whether you’re a local farmer or an investor looking to add another highly tillable tract to your portfolio or you’re looking for your next development project. If one is looking for additional acreage an additional 82.78 surveyed acres is available as well. With chip n’ seal road frontage, rural water, fiber, and electric located at the road paired with how well this farm lays, it is the ideal candidate to develop. The farm is just close enough to KC that commuting to work is a breeze but you’re just far enough out to experience the country life with incredible sunrises and sunsets from the ridge this farm offers! There are numerous homes on small acreage in the area representing a great testament to the area and its proximity to KC and quick access to 50 highway.
The farm lays extremely well with nice high ridge tops and gentle slopes. Additionally, the farm features an extra wide farm entrance, terraces, and strategically placed waterways. This years soybean crop looks like its going to yield very well! You do not want to miss out on this great investment!
Location
State MO
County Johnson
Interior
Fireplace N
Building
Lot Description Acreage
Sewer No Sewer
Water No Water
Schools
School District Holden
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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