This property consists of 194 total acres with a good mix of tillable ground and timber. There are a total of 136 acres tillable that has been leased out for row crop for the next 5 years at $175 per acre. The total income for the row crop is $23,800 per year. The property also has great hunting opportunities with the almost complete seclusion from road hunters as the property is accessed through a deeded easement. There are 4 box blinds, 3 feeding stations and multiple other stands in place that will stay with the property. The property currently has a hunting lease contract in place that pays $5,500 per year for the next 5 years. There is a stocked pond on the property surrounded by grass and walnuts that would make a great camping area. Either or both contracts can be cancelled by the new owner if they would like to farm or hunt the property. The total income for the property is $29,300 per year which which is almost a 4.6% return at the reduced asking price of $3,300 per acre or $640,200 total.
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.
