LEWIS COUNTY MO 55.6: Apple Orchard

This 55.6 acres (Smith Apple Orchard) is located just outside of Labelle, MO off of County Road 322. There is 45 +/- acres currently in tillable production, with the balance in a pond, timber and brush. The property to the north and west are large blocks of timber that will hold an abundance of deer and turkey, making this a nice deer hunting tract as well.

The current farmer has agreed to continue farming this property for the new owner, and will pay $200.00 an acre for 3 years for that right. This will produce $9000.00 of annual income to offset the cost of owning this nice combo farm. The property should also support a $10.00 an acre hunting lease, adding to an already nice return.

The soil here is 61.1% Keswick clay loam, Audrain and Shelby plain, with a 9% to 14% slope, and 25.9% Gorin silt loam, with a 5% to 9% slope.

With these numbers, the return on investment here is 3.23%, a...