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Listed by Tammy Amer • Missouri Land and Farm LLC
$ 795,000
Est. payment /mo
New
Icon RD Brookfield, MO 64628
121.7 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2647431
Annual Tax Amount $230
Lot Size 121.700 Acres
Acres 121.7
Property Sub-Type Unimproved Land
Source hmls
Property Description
121.7± Acres | Income-Producing Farm | Brookfield, Missouri
An exceptional opportunity to invest in 121.7± acres of productive farmland offering agricultural income, outstanding recreational potential, and beautiful secluded building sites near Brookfield, Missouri.
Featuring approximately 97.75 acres of tillable ground, this property offers a desirable combination of upland and bottomland cropland. Currently generating $25,000 in annual cash rent, the farm is under an agricultural lease through December 2027, providing an established income stream for the next owner. At the asking price of $795,000 with the combination of agricultural and possible hunting lease revenue, the farm offers an estimated annual return of up to 3.5% at the full asking price, subject to lease arrangements and expenses.
Beyond its agricultural value, the property offers excellent recreational possibilities, with natural wildlife habitat and opportunities for whitetail deer and turkey hunting. Hunting rights are retained by the landowner under the existing farm lease, allowing the potential for personal enjoyment or additional revenue through a separate hunting lease.
For those dreaming of a private country residence, hunting cabin, or weekend getaway, the property's peaceful surroundings and scenic countryside offer attractive possibilities. Water and electric utilities are nearby, adding to the potential for future development, subject to availability and approvals.
Enjoy the privacy of rural Missouri while remaining conveniently located near Brookfield. The property is accessed by an easement, with access documentation available for review.
Whether you're expanding your farming operation, seeking an income-producing investment, completing a 1031 exchange, or searching for your own recreational retreat, this versatile Linn County farm offers something for everyone.
An exceptional opportunity to invest in 121.7± acres of productive farmland offering agricultural income, outstanding recreational potential, and beautiful secluded building sites near Brookfield, Missouri.
Featuring approximately 97.75 acres of tillable ground, this property offers a desirable combination of upland and bottomland cropland. Currently generating $25,000 in annual cash rent, the farm is under an agricultural lease through December 2027, providing an established income stream for the next owner. At the asking price of $795,000 with the combination of agricultural and possible hunting lease revenue, the farm offers an estimated annual return of up to 3.5% at the full asking price, subject to lease arrangements and expenses.
Beyond its agricultural value, the property offers excellent recreational possibilities, with natural wildlife habitat and opportunities for whitetail deer and turkey hunting. Hunting rights are retained by the landowner under the existing farm lease, allowing the potential for personal enjoyment or additional revenue through a separate hunting lease.
For those dreaming of a private country residence, hunting cabin, or weekend getaway, the property's peaceful surroundings and scenic countryside offer attractive possibilities. Water and electric utilities are nearby, adding to the potential for future development, subject to availability and approvals.
Enjoy the privacy of rural Missouri while remaining conveniently located near Brookfield. The property is accessed by an easement, with access documentation available for review.
Whether you're expanding your farming operation, seeking an income-producing investment, completing a 1031 exchange, or searching for your own recreational retreat, this versatile Linn County farm offers something for everyone.
Location
State MO
County Linn
Zoning AG
Interior
Fireplace N
Building
Sewer None
Water Rural - Verify
Schools
School District Brookfield
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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