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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

This expansive 631-acre m/l farm is located just north of Highway 136, east of Albany, Missouri. It offers a rare investment opportunity, featuring 313.54 tillable acres currently leased at $150/acre. Additionally, 191.59 acres are enrolled in CRP, generating $179.77/acre for a total annual payment of $34,442.13 through September 30, 2033.

The property is comprised mainly of productive Shelby Clay Loam and Lamoni Clay Loam soils, with extensive improvements including push-up terraces and tiling to enhance productivity. Alongside strong farming returns, this farm also offers excellent hunting opportunities, making it a well-rounded investment for both income and recreation.

Property Highlights:

  • 631 total acres m/l
  • 313.54 tillable acres leased at $150/acre
  • 191.59 acres enrolled in CRP ($179.77/acre, $34,442.13/year until 2033)
  • High-quality Shelby Clay Loam and Lamoni Clay Loam soils
  • Extensive push-up terraces and tiling improvements
  • Strong hunting potential
  • Prime location just north of Hwy 136, east of Albany, MO

Location

Street address
300th Street & Gillespie Rd
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 property is available for sale for $3,628,250 with a price per acre of $5,750.

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

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