McGrew Mine Road Wellington, MO 64097

$620,000
McGrew Mine Road, Wellington, MO 64097
2117143

Lots and Land for sale in Wellington, MO

for $620,000. The lot size is 161.00 Acre(s).

Property Information

  • $620,000
  • Lots and Land
  • Active
  • Lot size of 161.00 Acre(s)
  • Wellington, MO
  • Lafayette County
  • MLS/Web ID is 2117143

Description

This MO River bottom tillable farm is a fantastic investment property! A low risk way to invest and generate totally passive income, or a farmer looking to expand your operation and add a very high quality piece of dirt to your inventory, this is it. This bottom ground farm has very rich soils that produce huge crop yields every year, which in turn results in large cash rents from the farmer. This farm generated $24, 000 dollars of income in 2017. We are just under 4% annual return on investment at the list price.

Exterior 2

Lot Description

  • Flood Plain

Road Frontage

  • County Road
  • Dirt Road
  • Gravel Road

† Excluded Feature

Listed By

Broker: MIDWEST LAND GROUP LLC

McGrew Mine Road, Wellington, MO, 64097 is a Lots and Land for sale at $620,000 with a lot size of 161.00 Acre(s). McGrew Mine Road has 0.0 baths. The property's zip code is 64097 which is in Wellington, MO

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Market Pricing

Average % of sale price Median % of sale price
All listings in Wellington $349,950 44 % below $349,950 44 % below
Lots and land listings in Wellington $620,000 0 % below $620,000 0 % below

Get the facts about Wellington, MO!

Population 759
Population Growth (since 2000) 5 %
Median Income $44,226
Median Age 38.3
Households w/ Children 26 %

Residential Dwellings

  • Owned 225
  • Vacant 30
  • Rented 83

Similar Listings

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or Call us at 1-800-839-1363