Here are 360 acres of prime irrigated farmland southeast of Garden City, MO. Great location and has a reasonable price. Good farms are hard to come by and this is a good farm. It's cash rented this year (with a three year contract) or you can farm it yourself next year.
$6,111.79/Acre or $2,200,000.00 Total
PRICE REDUCED! $4,995.00/Acre or $1,798,200.00 Total
Agent: Rick Barnes
or Email Rick
Broker Participation: Barnes Realty Company, as listing broker, will gladly, and fully cooperate with most licensed real estate brokers to obtain a sale of the property on terms satisfactory to the current owners. Brokers should call the office for details of our co-brokerage policy.
From Garden City, MO follow Hwy 7 Southeast for 2 miles. Farm is on the Northeast side of the road. See map for more information.
There is a 10 tower+ corner arm Zimmatic pivot on the property and a pumping system connected to the lake.
- Real Estate Taxes/Taxable Acres:
2015 taxes were $534.77 on 359.96 taxable acres.
- Rental Status:
The farm is currently leased for the next three years to a local farmer to produce a 4% rate of return.
- FSA Information:
The owner does not participate in any FSA programs and the farm has no feed-grain basis. The farm consists of approximately 295.83 tillable acres (measured via Surety maps) and qualifies for federally subsidized crop insurance. The soybean yields were 36.3 bu/ac in 2015.