24.5 Investment Or Building Site
Lucerne, MO 64655
Putnam County, Missouri
24.50 Acres
Expired Listing
Land Description
This 24.5 m/l acre property is located just east of Lucerne. It features 15 m/l tillable acres. This farm has a three year farming lease in place beginning January 1, 2016 paying per tillable acre; bringing in a year in farming income. The property also has an annual hunting lease in place (that can be cancelled at the time of purchase if wanted) that pays per year. Currently the total yearly income is giving this farm a return rate of 5%. This is a great investment for a small acre farm and would also be a great future home site if looking to build!
Land features, descriptions, details, directions, sales history, photos, maps, boundaries and files are deemed reliable and provided "as is" without guarantee, warranty, representation, expressed or implied by LANDFLIP or its advertisers, and is subject to errors, omissions, sale or withdrawal. Buyers should exercise their own due diligence when purchasing real estate. LANDFLIP is not a party to any portion of the real estate transaction between a buyer and seller on this site. Contact the seller directly regarding this listing.
