295 Acres in Ewing, MO - $1,180,000
LEWIS COUNTY MO 295: Mike Wear
This 295+/- acres is located in Lewis County MO, just west of Ewing, north of highway 156. This property is an exceptional hunting farm with a nice lake, and good income from row crops.
There are currently 195+/- acres in tillable production, and the current farmer has offered to continue work the property, and will pay $190.00 per acre for that right. This produces $37,050.00 of annual income, and a return on investment of 3.13% at asking price. If you want more income, this farm would be very sought after for its hunting rights, and should bring $25.00 per acre or $7375.00. This increases the annual income to $44,425.00, and ups the return on investment to 3.76% at asking price.
The soil here is Keswick clay loam, 24%, Lindley loam at 21.2%, and Gorin silt loam at 20.5%.
The hunting here is very good, with several big bucks taken off of this property over 150. I happen to personally...
The hunting here is very good, with several big bucks taken off of this property over 150. I happen to personally know the person who has hunted here for years, and he cannot say enough good things about the quality of the whitetails here. There is a nice creek that meanders through the property, as well as stocked lake for fishing and a water source for the deer and turkey. Multiple access points allow you to approach stand undetected in nearly any wind direction. Pinch points created by the lake and draws make good spots to ambush a mature whitetail.
Excellent deer and turkey hunting
Nice building sites
Good income created by tillable ground/hunting lease
Electric available on West side of property
155 miles from St. Louis
40 miles from Hannibal, MO
30 miles from Quincy, IL
Property is listed at $1,180,000
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