This 91+/- acres (Smith MFA) is located in Lewis Co. MO, just outside of Labelle. The property has 76+/- acres currently in tillable production, and the current farmer has agreed to continue to work the property at a cash rent price of $210.00 per acre, or $15,960.00 annually. The soil here is Armstrong loam at 44.6% with a 5% to 9% slope, and Kilwinning silt loam at 40.2% with 1% to 5% slope. This produces a return on investment of 3.88% at asking price.
Property has hard road access off of Highway 6
Nice return on investment
Property lays nice and is easy to farm
Decent deer
Property is listed at $500,500.00 or $5500.00 per acre
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