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Land for Sale in Albany, Missouri

300th Street & Gillespie Rd, Albany, MO 64402

$3,628,250
631 acres
Active sale
$410k drop
Est $27,026/mo

Exceptional income-producing farmland offering 631± acres just east of Albany, Missouri, with an outstanding combination of productive cropland, long-term CRP income, and exceptional recreational value. Conveniently located just north of Highway 136, this premier Northwest Missouri farm presents a rare opportunity for investors, producers, and landowners seeking dependable annual returns with long-term appreciation potential.

The property includes 313.54 tillable acres currently under a cash lease generating $150 per acre annually, while an additional 191.59 acres are enrolled in the Conservation Reserve Program (CRP), producing $34,442.13 in annual income through September 30, 2033. This balanced mix of farm income provides reliable cash flow and an attractive investment opportunity.

The farm consists primarily of highly regarded Shelby Clay Loam and Lamoni Clay Loam soils, enhanced with extensive tiling and well-maintained push-up terraces to maximize productivity and protect the land for years to come.

Beyond its agricultural value, the property's diverse terrain creates excellent habitat for deer, turkey, and other wildlife, making it an outstanding recreational farm for hunting enthusiasts. Whether you're expanding your farming operation, diversifying your investment portfolio, or searching for a property that combines income with outdoor recreation, this farm offers exceptional value.

Property Highlights

631 acres m/l

Prime location just north of Highway 136, east of Albany, Missouri

313.54 productive tillable acres

Cash rent at $150 per tillable acre

191.59 acres enrolled in CRP

Annual CRP income of $34,442.13

CRP contract through September 30, 2033

Predominately Shelby Clay Loam and Lamoni Clay Loam soils

Extensive tiling and push-up terraces

Excellent deer and turkey hunting

Strong annual income with long-term investment potential

Opportunities to purchase large, income-producing farms of this caliber are increasingly difficult to find. With dependable cash flow, quality soils, extensive improvements, and outstanding recreational appeal, this Northwest Missouri farm is well-positioned to provide value for generations to come.

Location

Street address
300th Street & Gillespie Rd
Zip code
64402
Elevation
1,047 feet
Coordinates
40.2905, -94.2442

Property details

Acreage
631 acres
Posted

Listing history

DateEventPriceChangeSource
Nov 13, 2025Price drop$3,628,250$410,150 -10.2%Listing agent
Jan 30, 2025New listing$4,038,400Listing agent
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This 631-acre property is located at 300th Street & Gillespie Rd in Albany, MO 64402. The land is available for sale, priced at $3,628,250 — $5,750 per acre.

Listed by Nelson Real Estate & Auction Company, (660) 425-2288

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