SOLD, 247 acres in Mercer County – Great Income

$892,440 ($3,600/ac)

This property has it all, so if you’re looking for a combination of income, hunting, and a solid brick home, look no further. Located just north of the Smithfield corporate office, this 247.9 acre m/l farm has a lot of opportunity. Tillable acres consist of 125 acres m/l of prime bottom ground along Muddy Creek, and 40 acres m/l of upper ground being split 50/50 in 2021 by the owner and farmer. Average income for the owner is projected to be $190/acre, giving this property a 3.5% return asking price. Because of the water supply from a few ponds and Muddy Creek, the food supply with tillable acres on and around this property, and the timber to the east and south, it creates a great location for the avid whitetail hunter. Finally, as you approach the property from the lane to the south, you will reach the brick home situated near the west central part of the property.  To schedule a time for a personal tour of this property, contact Aaron Franklin at 660-748-6314 or Andy Boyer 636-295-1476.