Located in Northwest Mitchell County just a few miles North of Glen Elder, this piece of dryland tillable is prime for production and investment. With road frontage on the East, South, and West sides, access is outstanding. FSA fields show ~225.49 acres in production with the balance being in waterways and one small patch of timber. The property is terraced and has a bean crop in the ground currently. The farm is leased on a cash rent basis verbally of $16,000/year coming out to ~$70/acre and is year to year. Taxes in 2020 were $4,228.66 and the legal is S2 N2, N2 SE4 of 3-6-9. This piece of ground provides an outstanding opportunity for the investor looking at an inflation hedge with a return in a great location or the current operator looking to expand their operation.
|9/28/2021 2:00:00 AM|
|8/12/2021 1:29:32 PM|