Highly productive farmland located in South Central Ky. Farm is signed in the CRP/CREP program with 5 years remaining & remaining payments to go to the purchaser. CRP payments are $48,000.00+ per year. Property also has a cell tower lease paying approx. $5,700.00 per year w/5 year increases & approx. 20 years remaining on 30 yr. lease with remaining payments going to purchaser. Farm has Feed barn, calf barn, tobacco barn, 4 grain bins, old milk parlor, tool shed, combination barn, detached garage/shop, 2 spring fed ponds, creek, 3 cattle waterers (2 spring fed & 1 on county water), Approx. 250 acres is tillable, approx. 70 acres hill and pasture with remaining wooded. This would also be a great investment with over 2 miles of road frontage. With the CRP & tower lease payments, you could realize a greater return than current bank interest.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
