Owen Road, Milan, MO 63556

Property Description

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 3.38% 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.