Farmland Sales Specialists

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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.