This 176+/- acre property is located off of county road 412, just north of Highway 16 in eastern Lewis County. The property is an excellent hunting farm for deer and turkey, with a nice income stream to help make it affordable.
There are currently 146+/- acres in tillable production, and the current farmer has offered to continue working the property, and will pay $225.00 per acre cash rent for that right. This produces $32,850.00 of income and creates a return on investment of 3.11% at asking price. To increase the income further, this should support a hunting lease of $15.00 to $20.00 per acre, or an additional $2640.00 annually. This bumps the return on investment to 3.36%.
The soil here is Kilwinning Silt Loam at 35.9%, with a 1% to 5% slope, Keswick clay loam at 21.8% and a 9% to 14% slope, and Putnam Silt Loam at 20.3%, with a 1% to 3% slope.
From the aerial, it is clear that th...
From the aerial, it is clear that the north end of this property is an excellent hunting area. Large blocks of timber joining this farm are going to hold large amounts of deer and turkey, and the fingers of timber that run onto this property create travel corridors that the wildlife is going to use! When I toured this property, the game sign was as good as you will see anywhere!
Access to the property is from the north or south, with the south entrance being an easement. No matter what the wind direction, one can get stand locations without doing a deer drive on the way in.
Excellent combo farm
Highly productive soil
Large blocks of neighboring timber are going to hold game
Nice food plot locales
Ideal access
Property is 155 miles from St. Louis
Minutes from Canton, MO
Property listed at $1,056,000.00
Have an account?Sign In