Estimated payment $6,458/month
Highlights
- 7,588,152 Sq Ft lot
- No HOA
- Crops
About This Lot
This highly productive 174.2± acre farm in Sullivan County offers a strong investment opportunity with consistent income and quality soils. Located in the desirable Yellow Creek bottoms just 6 miles east of Milan, this property features excellent access only 1/2 mile off Highway P, making it easy to operate year-round. The farm includes 147.78 FSA tillable acres, with 131.83 acres currently in row crop production under a solid 3-year cash rent contract paying $250 per acre annually, providing dependable annual income. Additionally, 15.95 acres are enrolled in CRP, generating $1,510 per year and adding diversity to the income stream. The combination of reliable farm income and conservation payments provides steady and predictable returns for investors. Recreational value is another key highlight, with a hunting lease in place producing $5,000 annually. The area is well known for a high population density of whitetail deer and turkey, making it a highly desirable hunting location. Yellow Creek serves as a natural travel corridor for mature whitetail, offering excellent opportunities for consistent deer movement. The mix of cropland and CRP further enhances habitat for both deer and turkey alike. At the asking price, this farm delivers an approximate 3.12% ROI, making it an attractive addition to any investment portfolio. Whether you are looking to expand your farming operation, secure a stable income-producing asset, or own a versatile recreational property, this tract checks all the boxes. Don’t miss this opportunity to own premium bottom ground in a proven agricultural area with excellent access and income already in place.
Listing Agent
Missouri Land and Farm LLC Brokerage Phone: 660-973-3958 License #2025017629 Listed on: 04/26/2026
Property Details
Property Type
- Land
Est. Annual Taxes
- $494
Lot Details
- 174.2 Acre Lot
- Property fronts a county road
- Possible uses of the property include Agricultural
- Property is zoned farms
Farming
- Crops
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 08-00-00114.00
- $0 special tax assessment
Map
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/26/2026 04/26/26 | For Sale | $1,201,980 | -- | -- |
Source: Heartland MLS
MLS Number: 2616820
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Ask me questions while you tour the home.