Tract 4 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 4 of 7
Description
Tract 4 Description: 47± acres
SELLING ABSOLUTE: This well-maintained 47-acre tract offers approximately 38 acres in cropland production, with an impressive 82% tillable ratio. The farm features productive soils with a strong NCCPI rating averaging 79.32, primarily consisting of Smileyville silt loam (2–6% slopes) and Winfield silt loam (9–14% slopes). The cropland has been cash rented for 2025 at $290 per tillable acre. The new owner will receive 50% of the cash rent for 38.96 tillable acres.
Utilities including water, electric, and fiber run along county road 316 that borders the property to the south, with additional access available from a private shared road along the west boundary. A creek lines the north and east boundaries, adding to the natural appeal of the land.
This tract has been carefully managed with well-maintained terraces and tile, and fencing is already in place along the south and east lines. Several potential build sites offer excellent views and accessibility, making this a great option for someone looking to build and establish a small farm.
Conveniently located just 2.5 miles from U.S. Highway 61, with only a short stretch of gravel, this property combines productivity, access, and build potential in a prime rural setting.
Tract #: Tract 4
Deeded Acres: 47± acres pending survey
FSA Farmland Acres: 38.96± estimated acres
Soil Types: Smileyville silt loam, Winfield silt loam
Soil PI/NCCPI/CSR2: NCCPI 79.32
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: 47± acres pt NE ¼ pt NW ¼ S33 T59N R6W Marion Co MO
PIDs: Pt of PIDs, 002.08.28.0.00.003.000,002.08.33.0.00.002.000, 002.08.33.0.00.002.010
Lat/Lon: 39.87143, -91.57178
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
