About This Home
This land at #1 Highway Z in Chillicothe, MO is listed for $490,000 (65.80 acres).
Key Features
- 65.80 acre lot
Highway Z frontage and a great location just south of Chillicothe make this 65.8+/- acre farm one you'll want to take a look at. Acreage of this size and this close to town doesn't come available very often. The farm is currently enrolled in CRP, with the FSA office showing approximately 65.1 acres enrolled and generating an annual payment of $13,740.
The current CRP contract expires September 30, 2027, giving a new owner plenty of flexibility for the future. You could explore re enrolling the farm into another CRP program, convert the ground back to row crop production, or take advantage of the location and explore building a home on the property.
In addition to the CRP income, the farm is currently leased for hunting, providing another source of income for someone looking for an investment property. Depending on the closing date, a new owner may also have the opportunity to take over the hunting rights this season.
With Highway Z frontage, income already in place, and Chillicothe just a few miles away, there are a lot of possibilities with this property. Whether you're a local landowner looking to add acres, an investor looking for income producing land, or someone searching for a place to build a home, this 65.8+/- acres is worth a serious look.
Location
#1 Highway Z
Chillicothe, MO 64601
Questions & Answers
This 0-bedroom, 0-bathroom land at #1 Highway Z is listed at $490,000. The estimated monthly payment is $2,621 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: 65.80 acre lot.
This property is listed by Toby Prussman and can be reached at 8163857802.