Tract 3 of 7
| Date | June 11, 2025, 11:00 am (America/Chicago) |
|---|---|
| Tracts | 1 of 7 |
| Type | Live with online bidding |
| Tract Status | Active |
| Auction Location | Jackson Park Golf Course, 1222 Jackson Trail, Palmyra, MO 63461 |
Tract 3 of 7
Description
Tract 3 Description: 98± acres
SELLING ABSOLUTE: This 98-acre tract offers a picturesque setting with a white vinyl fence lining the long entrance, giving it a well-kept, welcoming feel. Positioned at a higher elevation, a large 60' x 100' machine shed overlooks gently rolling ground currently in crop production. The open ground—approximately 72 acres—boasts an average NCCPI rating of 76.61, providing strong potential for continued row crop use or easy conversion to pasture. The cropland has been cash rented for 2025 at $290 per tillable acre. The new owner will receive 50% of the cash rent for 72.72 tillable acres.
Multiple ponds add both function and beauty to the property. With electric and rural water already on site and fiber available at the county road, the infrastructure is in place for a future home or farming operation. This tract combines productivity with scenic views, making it a great candidate for a homesite or continued agricultural use.
Tract #: Tract 3
Deeded Acres: 98± acres pending survey
FSA Farmland Acres: 72.72± estimated acres
Soil Types: Smileyville silt loam, Winfield silt loam
Soil PI/NCCPI/CSR2: NCPI 76.61
CRP Acres/payment: NO CRP
Taxes: TBD after survey
Lease Status: Tenancy for 2025 crop year 50% cash rent to Seller and 50% cash rent to Buyer
Possession: At Closing subject to 2025 tenancy agreement
Survey needed?: Required, seller to pay for
Brief Legal: 98± acres pt SW ¼ W ½ NE ¼ S28 and pt NW ¼ NE ¼ and NE ¼ NW ¼ S33 T59N R6W Marion Co MO
PIDs: Pt of PIDs, 002.08.33.0.00.002.000,002.08.28.0.00.003.000
Lat/Lon: 39.87958, -91.57465
Zip Code: 63461
Note: Actual acreage is subject to change pending the final survey. Tillable acre estimates are based on FSA maps. When fields have been divided into multiple tracts, acreages are estimated to the best of our ability but are not guaranteed.
Terms of Sale
BUYERS PREMIUM: No Buyers Premium
TAXES: Prorated to date of close
TENANCY: Cash rented 2025, Open tenancy for 2026
RENTS: Rents are split 50/50 between buyer and seller based on estimated acres per tract
MINERALS: Seller-owned rights will convey
CLOSING COSTS: Split 50/50
CLOSING DATE: On or before 30 days from seller acceptance
DOWN PAYMENT: 10%
POSSESSION DATE: At closing
SURVEY: Seller will pay for any required surveys
SELLER: Glenn E and Martha L Griesbaum and Daren and Melinda Griesbaum
SALE ORDER: Tracts 1 thru 5 by the acre, Tracts 6 and 7 by the total dollar
SALE METHOD: Tracts 1 thru 5 SELLING ABSOLUTE, Tracts 6 and 7 selling subject to seller acceptance
Licensing
IN COOPERATION WITH WHITETAIL PROPERTIES REAL ESTATE LLC (CO00001603)
Jefferson Kirk Gilbert, Missouri Broker, License # 2015034232
Joe Gizdic, Director, Ranch & Farm Auctions, 217.299.0332
Clay Lockard, Missouri Land Specialist for Whitetail Properties Real Estate, LLC, 573.466.9123
Cody Lowderman, MO Auctioneer License 11037
Documents
Representing Land Specialist
Clay Lockard
Whitetail Properties Real Estate
