172 acres in Vandalia, Illinois
Closed Oct 2020 for $860,000, $5,000 per acre, in Fayette County. Every number on this page traces back to the closed MARIS MLS record, not a marketing estimate.
3.5% ROI possible with this farm!
Farmer has received offers of $250 per acre in cash rent on the 151 tillable. That's would result in an ROI of just over 3.5%, Interest rates are at an all-time low, and NOW is the time to invest in land.
172 acres with 151 being tillable. The property has great PI's, good overall layout, and even though it is bottom ground, it is planted and harvested every year.
Contact agent for historical yield data, finance options, possible split of the land, and other flexible seller options.
Farm is currently being farmed on shares and is averaging a 3% ROI, but with cash rent offers, the number could be pushed as high as 3.5%.
Owner financing is possible.
What is your land actually worth?
Three numbers, not one guess: a data-based value, a typical market sale, and what a competitive auction could do. We run it, then we call you.