Farmland Sales Specialists Setting the trend for how Real Estate is sold in the Midwest.
www.BarnesRealty.com 18156 Hwy 59 Mound City, MO 64470 (660) 442-3177
1711 Oregon Hiawatha, KS 66434 (785) 742-4580
1708 Prairie View Rd, Suite B Platte City, MO 64079 (816) 219-3010
1,091 Acres +/- Nodaway County, MO PRICE REDUCTION ON THIS LARGE ROW CROP FARM! This farm was priced at over $4.5 million two years ago when it was rented for $300/acre, but that renter went South and took the value with it. So what a Buyer ends up with now is a good farm with a lot of upside potential! Row crop farms are hard to find right now, but here’s a good one, and it's priced at a 4.5% rate of return. That’s right, a 4.5% rate of return! And there’s lots of upside potential. It’s a combination of five different farms located in Northeast Nodaway County Missouri beginning West of the town of Sheridan and running Westward almost to the town of Elmo. These farms are cash rented for the 2017 & 2018 farming seasons and will be available after that. The locations of the individual tracts offer good diversification across a relatively small geographic area. The farms are all in good condition and will make someone a good investment over the years. In addition there are good hunting opportunities each individual tract. Most of the conservation work has been done and this investment will produce a good rate of return year in and year out. LOCATION: The farm is a combination of five individual, non-contiguous tracts. They are generally located in Northeastern Nodaway County, MO. PRICE: $3,757.45/taxable acre or $4,099,375.00 total. This combo is also available in individual tracts. (See web for details) FSA INFORMATION: There is extensive FSA information on these tracts. (See web for details) IMPROVEMENTS: The farm is unimproved except for the tile lines, terraces, Fences and gates. MINERAL RIGHTS: The current owner is not retaining any of the mineral estate beneath the surface. TAXES/TAXABLE ACRES: 2016 taxes were $3,214.32 on 1,052 taxable acres.
(Please see website for aerial photos of individual tracts)
RENTAL STATUS: All the tracts are rented to the same farmer for 2017. This is his second year. All the leases and CRP income (not counting hunting leases), bring in $153,421.00/year on 800.39 tillable acres. This number was based upon known tillable acres for the farms. Extensive clean up work has been done on the 566 acre tract and the tillable acres on that tract next year will increase by approximately 25 acres (the farmer gets to farm it for free the first year in production). LISTING AGENT: Rick Barnes 660-851-1152 or
[email protected] 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. Setting the trend for how Real Estate is sold in the Midwest. This information is thought to be accurate; however it is subject to verification and no liability for error and omissions is assumed. Barnes Realty has made every effort to present accurate information on the property presented. Most of the information comes from outside sources: County/Government/Seller and human error can occur. It’s the Buyer’s responsibility to satisfy him self with the information presented and to determine the information to be true and accurate and the property to be suited for his intended use. The listing may be withdrawn with or without approval. The Seller further reserves the right to reject any and all offers. All inquiries, inspections, appointments, and offers must be sent through: RICK BARNES, BROKER, BARNES REALTY COMPANY, 18156 HWY 59, MOUND CITY, MO 64470 PHONE NUMBER: 1-660-442-3177.
1,091 Acres +/- Nodaway County, MO Driving OverView Map OverView Map
map center: 40° 29' 7.78, -94° 52' 46.3
0mi
4mi
2/16/2017
7.9mi
1,091 Acres +/- Nodaway County, MO Surety Map Aerial Map
map center: 40° 29' 7.78, -94° 52' 46.3
0mi
4mi
32-66N-35W Nodaway County Missouri 2/16/2017
7.9mi
1,091 Acres +/- Nodaway County, MO Soil Map Soils Map
State: County: Location: Township: Acres: Date:
Missouri Nodaway 32-66N-35W Union 1091 2/16/2017
Soils data provided by USDA and NRCS.
Area Symbol: MO147, Soil Area Version: 17 Code
Soil Description
Acres
Percent of field
NonIrr Class Legend
NonIrr Class *c
NCCPI Overall
20014 Shelby clay loam, dissected till plain, 9 to 14 percent slopes, eroded
492.94
45.2%
IIIe
68
20006 Sharpsburg silty clay loam, 2 to 5 percent slopes
250.96
23.0%
IIe
93
20012 Shelby clay loam, dissected till plain, 5 to 9 percent slopes, eroded
84.53
7.7%
IIIe
70
20013 Shelby loam, dissected till plain, 9 to 14 percent slopes
54.85
5.0%
IIIe
84
20001 Macksburg silty clay loam, 2 to 5 percent slopes, eroded
42.54
3.9%
IIe
58
30242 OlmitzElyZook complex, 2 to 5 percent slopes
29.26
2.7%
IIe
87
20008 Sharpsburg silty clay loam, 5 to 9 percent slopes
29.16
2.7%
IIIe
92
30120 Lagonda silty clay loam, 5 to 9 percent slopes, eroded
26.31
2.4%
IIIe
58
13627 Colo, frequently floodedJudson silty clay loams, 0 to 5 percent slopes
22.65
2.1%
IIw
81
20005 Lamoni clay loam, 5 to 9 percent slopes
20.14
1.8%
IIIe
61
10029 Higginsville silty clay loam, 5 to 9 percent slopes, eroded
13.00
1.2%
IIIe
59
30135 Lamoni clay loam, 9 to 14 percent slopes, moderately eroded
11.27
1.0%
IVe
58
30160 Olmitz loam, 2 to 5 percent slopes
3.98
0.4%
IIe
98
20010 Shelby loam, dissected till plain, 5 to 9 percent slopes
3.93
0.4%
IIIe
87
13563 Nodaway silt loam, 0 to 2 percent slopes, occasionally flooded
3.89
0.4%
IIw
96
26000 Bremer silty clay loam, 0 to 2 percent slopes, occasionally flooded
1.59
0.1%
IIIw
79
Weighted Average
75.5
Area Symbol: MO147, Soil Area Version: 17 *c: Using Capabilities Class Dominant Condition Aggregation Method Soils data provided by USDA and NRCS.