Auction Date:
August 02, 2024 | 1:00 pm Auction Location / Nearest City:
17999 U.S. 65, Princeton, MO, USAFeatured items:
- Very scenic property with scenic home construction sites.
- Large lake on tract 3 stocked with fish, approx 27 acres.
- Several ponds on the property for livestock
- Tracts 2-4-5-6 offer Highway 139 frontage.
- Utilities available: water, electric and high-speed internet
- Farm offers many uses including row crops, cattle pasture, hay and recreational/hunting and fishing.
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Auction Description:
1327 ACRES / SULLIVAN COUNTY, MO
Live and Online at Ranchandfarmauctions.com
Auction Date: 08/02/2024, Auction Time: 1:00 PM CT
Auction Venue Location: Smithfield ED Center, North of Princeton off HWY 65, 17999 US 65, Princeton, MO 64673
Premium Standard Farms, operating as Smithfield Hog Production, is pleased to announce the public auction of 1327± acres of land available for open bidding. This auction presents a unique opportunity to acquire substantial acreage in Northern MO.
Attention Farmers, Ranchers and Investors! This multi-use property being sold consists of 1,327± acres to be surveyed and split into 10 tracts. The property is located in extreme western Sullivan County, MO and south of Newtown, MO, off the west side of HWY 139. The property has 653± tillable acres all planted in soybeans for the 2024 growing season. The property has been well maintained and cared for by current owners. Including well-constructed fencing throughout. It includes a 27± acre lake stocked with fish, multiple ponds and three old lagoons that are being converted to freshwater ponds. The property has been fully soil sampled and is in great condition for growing crops and/or grass for cattle. Multiple tracts include building sites with scenic views. All utilities, including power, water, phone and high-speed fiber optic internet are available. Call listing agents Jeff Propst/Stephen Stockman for more information.
Special Provisions:
Some or all tracts may have buried underground water lines for irrigation and/or cattle watering purposes.
Tracts 1-7 will benefit from a nutrient spread agreement for up to 36 months based on the timeline to empty lagoons of nutrients and spread. This will be at no additional cost to the buyer.
Spread permits will be maintained by and properly closed by Smithfield/Premium Standard Farms.
Tracts 8-10 will not be subject to the spread agreement.
All Tracts will carry a deed restriction prohibiting hog production or confinements in the future.
Seller will retain all 2024 rents
A survey has been ordered and should be completed prior to the auction. Acreages will then be adjusted to the surveyed acres.
All confinement buildings will be removed, concrete will remain
Lagoons will be converted to freshwater ponds per DNR requirements
Ask listing agents for further details
Tract 1 Description:
96± acres to be determined by survey. This tract has 55± acres in upland tillable, planted to soybeans for the 2024 growing season. The balance of the property is timbered draws and grassland. This tract has three old barn slabs that could be used for multiple purposes or removed and includes a large freshwater pond.
Tract 2 Description:
169± acres to be determined by survey. This tract has 88± upland tillable acres planted to soybeans for the 2024 growing season. The remaining acres are made up of timbered draws and grassland with good fencing and access from the north.
Tract 3 Description:
308± acres to be determined by survey. This tract has 137± acres of upland tillable land and is planted to soybeans for the 2024 growing season. The remaining acres are made up of a 27± acre fully stocked lake with timbered draws and grassland. The property has two old lagoons that are being restored to freshwater ponds. There are two other ponds on the property. The farm has old cement barn pads that can be used by the new owners or cleaned up per auction negotiations. This is a great-looking tract with several beautiful build sites. Tract 3 includes all water rights to the lake.
Tract 4 Description:
190± acres to be determined by survey. This tract has 129± acres of upland tillable land and bottom ground tillable planted to soybeans for the current 2024 planting season. The remaining acres are made up of timbered draws and grassland with one (1) pond. Good fencing and access from the east of Highway 139 and the west gravel road.
Tract 5 Description:
53± acres to be determined by survey. This tract has 36± acres of upland tillable acres planted to soybeans for the 2024 planting season. The remaining acres are made up of timbered draws and grassland with good fencing along each access road. The property has access from the east via HWY 139 and from the south off a gravel road.
Tract 6 Description:
155± acres to be determined by survey. This tract can be utilized for cattle pasture and includes some fence work. It can also be used as a recreational hunting tract following restoration from row crop production. This tract includes a large pond. Access from the east off of Highway 139 or a shared access road to the west. The pasture lease is in effect thru 12/01/2024.
Tract 7 Description:
105± acres to be determined by survey. This tract features 68.25± acres of tillable land planted to soybeans in 2024. The balance of the tract being timbered draws and grass/pasture. Access via Intrepid Ave to the north and west
Tract 8 Description:
95± acres to be determined by survey. This tract offers 33.4± acres of tillable land planted to soybeans in 2024. The balance of the property is grass/pasture, timbered draws and a pond. Access from Intrepid Ave.
Tract 9 Description:
115± acres to be determined by survey. The property offers 74.9± acres of tillable land planted to soybeans in 2024. The balance of the farm is grass/pasture and timbered draws
Tract 10 Description:
77± acres to be determined by survey. This property offers 30.3± acres of tillable land planted to soybeans in 2024. The balance of the farm is grass and timbered draws. Access is available from the east from Acorn Drive.
Soil Types: Gara clay loam, Armstrong clay loam, Shelby clay loam, Lamoni clay loam
Soil PI/NCCPI/CSR2: Average NCCPI is 65.9
CRP Acres/payment: No CRP
Taxes: Will be determined after final splits
Lease Status: Leased for 2024/open tenancy for 2025
Possession: At closing subject to 2024 tenancy agreements
Survey needed?: Survey will be provided
Brief Legal: S14/15/22/23/26/27 T64N R22W Sullivan Co, MO
Lat/Lon: 40.3379, -93.3535
Zip Code: 64667
Bidders may participate in the auction on-site or online at Ranchandfarmauctions.com
Onsite bidders should bring a government-issued ID
10% down payment immediately after auction – cash, personal, or business checks accepted
If the winning bid is online, you will be immediately contacted to make arrangements for the 10% down payment and a purchase contract will be sent via DocuSign
High bidder has 30 days to close unless otherwise noted
Announcements on auction day will take precedence over any prior announcements
This is a no contingency sale and is not subject to financing or additional inspections
Possession at closing, subject to tenant’s rights, if any
If a survey is needed it will be done following the auction and the total purchase price will be adjusted to the surveyed acres
All information provided is derived from sources believed correct but is not guaranteed or warranted – Bidders shall rely entirely on their own information and judgments
Excellent mixed-use farm offering tillable, pasture/hay ground, timber, and construction sites.
The farm is located just south of Newtown MO approx 2.5 miles east of Highway 139.
The property will be offered in 10 surveyed tracts.
Farm offers many uses including row crops, cattle pasture, hay and recreational/hunting and fishing.
Overall planted tillable acreage in 2024 is 653± acres planted to soybeans.
Very scenic property with scenic home construction sites.
Large lake on tract 3 stocked with fish, approx 27 acres.
Several ponds on the property for livestock
Tracts 2-4-5-6 offer Highway 139 frontage.
Utilities available: water, electric and high-speed internet
17999 U.S. 65, Princeton, MO, USA
Princeton, MO
Auction Location / Nearest City:
17999 U.S. 65, Princeton, MO, USAShare this on:
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