Great investment opportunity with a 3.5% Return at asking price! Land is in Second year of Five year farming lease at $235/acre (45 acres workable)($10,575/year). Land also has yearly renewed hunting lease at $1,200/year. Great farm ground with a great return rate! Taxes are approx. $2/acre. All leases on property can be assigned, it's the perfect time to add this property to your investment portfolio!
|Lot Acres:||56||Lot On Flood Plain:||Yes|
|Lot Sqft:||2,439,360||Lot Zoned:||ag|
|School District:||Sw Livingston R-I||Subdivision:||Other|