TBD NE Glenwood Rd Weatherby, MO 64497

Listing details for TBD NE Glenwood Rd, Weatherby, MO 64497 : We are benign to market a very well cared for farm with terraces and tiling in DeKalb County, MO! Located in Eastern DeKalb County, MO and just under a 1 hour drive North of Liberty, MO lies this incredible farm with 79.29+/- FSA acres. This property is located just 3/4 of a mile off blacktop. The mix of great recreation and investment is quite evident while touring the farm. Don’t let the aerial map fool you! While touring this farm you will be highly impressed with the recreation the farm offers with the elevation changes, timber draws, secluded small fields, and row crop production. This property consists of 70+/- tillable acres in row crop production and just over 88% tillable with the remainder in waterways and timber. The farm is terraced and tiled. It’s clear the terraces and tiling has been very well taken care of. Multiple farmers gave the seller a cash rent bid and stated how impressed they were at how well the farm had been maintained as a whole. This tract offers a massive amount of field edge, bedding areas, elevation changes, pinch points, ditches, draws, and crops! While arriving at the farm at sunrise to get photos of the farm the deer were munching on the soybeans and quail were running down the middle of the road in front of the farm! The 70+/- acres of row crop production has a new 3 year cash rent agreement with a well known local farmer starting in 2023. The cash rent lease will bring in $190/tillable acre or $13,300 annually and is leased until Dec 31st 2025! The cash rent is paid 1/2 on March 1st and the second half on December 1st of each year. For the investor that would like to rent the hunting rights out on the farm it would bring in an annual $1500-$2000 hunt lease. With a 3 year cash rent lease in place and the possibility of a $1500-$2000 annual hunt lease this will make both the recreational buyer and the investment buyer a great farm! This is just over a 3% return at the list price.