The total income is just shy of $28,000 annually ($27,877), with the crop ground being leased for $12,400 and the CRP drawing $10,477 yearly until 2032. There's also a hunting lease in place this year for $5,000 for the season, which could easily go for higher given the property's attributes. This property boasts a 3.5% return, which can rarely be found in this market!
Due to the 1%-1.5% level grade of the land, this tract is easy to flood just by closing the gates without even having to use the well for pumping water. There are three acres of food plots and an excellent road system to navigate the property quickly. There's also potential for a green timber hole in the center of the tract with some small levee work.
Two black condo stands and a two-person tripod on food plots are conveyed if desired. An old pit blind for duck hunting is also in place. The CRP is a hardwood mixture with plenty of acorn-producing trees, making it irresistible to deer and turkeys. The CRP trees are also easier to care for and yield a higher return in a future timber harvest.
Annual Taxes: $2,107
Available Utilities: TVEPA electricity, TVI-Fiber Internet, & Community Water with Enon-Locke Station Curtis Water Association