Albany, Mo farm ground with 631 m/l acres
Description
This expansive 631-acre m/l farm is located just north of Highway 136, east of Albany, Missouri. It offers a rare investment opportunity, featuring 313.54 tillable acres currently leased at $150/acre. Additionally, 191.59 acres are enrolled in CRP, generating $179.77/acre for a total annual payment of $34,442.13 through September 30, 2033.
The property is comprised mainly of productive Shelby Clay Loam and Lamoni Clay Loam soils, with extensive improvements including push-up terraces and tiling to enhance productivity. Alongside strong farming returns, this farm also offers excellent hunting opportunities, making it a well-rounded investment for both income and recreation.
Property Highlights:
631 total acres m/l
313.54 tillable acres leased at $150/acre
191.59 acres enrolled in CRP ($179.77/acre, $34,442.13/year until 2033)
High-quality Shelby Clay Loam and Lamoni Clay Loam soils
Extensive push-up terraces and tiling improvements
Strong hunting potential
Prime location just north of Hwy 136, east of Albany, MO