360 acres prime irrigated farmland southeast of Garden City, MO. Great location and has a reasonable price. Good farms are hard to come by and this is a good farm. It's cash rented this year (with a three year contract) or you can farm it yourself next year.
Improvements: There is a 10 tower+ corner arm Zimmatic pivot on the property and a pumping system connected to the lake.
Real Estate Taxes/Taxable Acres: 2014 taxes were $510.99 on 359.96 taxable acres.
Rental Status: The farm is currently leased for the next three years to a local farmer to produce a 4% rate of return.
FSA Information: The owner does not participate in any FSA programs and the farm has no feed-grain basis. The farm consists of approximately 295.83 tillable acres (measured via Surety maps) and qualifies for federally subsidized crop insurance.
From Garden City, MO follow Hwy 7 Southeast for 2 miles. Farm is on the Northeast side of the road. See map for more information.
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