Holt 260th, Forest City, MO 64451 - Holt County

This 85-acre property in Holt County, MO, is located in an ideal upland setting, and offers a great opportunity for land investors and those looking to build their future dream home.

The farm is highly productive in the current corn-bean rotation while utilizing conservation farming practices. Currently, there are 63.78 m/l FSA tillable acres, boasting an NCCPI rating of 62.8. Through minor clearing, additional acres could be added, further expanding the already strong CAP rate of 3.528% (at asking price).

The tenant on the land has a 3-year agreement, paying $22,050 per year, which expires after the 2026 crop year. The terms are 10% due 12/31 and 90% due 3/1 of each year. The tenant has done an excellent job of carrying for the land, and the crops look amazing for this season. This arrangement provides a strong passive income for the future owner, with the potential for extending this relationship into the future.

Currently, the neighbors share a non-exclusive hunting right on the property, with the agreement that they pay the annual property taxes. This right expires if the taxes are not paid on the land by the neighbors. This aids in reducing the operational expenses, and increasing the ROI.

The farm is a blank slate with no existing structures, giving you the freedom to develop it according to your vision.

Key Features:

Farming Potential: With rich soil and a productive history, this land is perfect for row crops, offering a great asset that will always be desirable to local farmers and generate a steady passive income.

Water Access: Rural water access is available along the highway, which is ideal for operations, or for future improvements.

Build Your Dream Home: This property offers a beautiful location for a home site, with scenic views of the surrounding countryside.

Rental Income: The farm has been cash-rented for $315 per acre for 2024, 2025, and 2026. Cash rents for the crop year will be prorated with the new owner at closing.