Richland County
Recreational Acres With A Potential 5.8% Annual ROI
N. Fox Road, Lot #WP001 Olney, IL 62450
Description
Situated just outside Olney, this income-producing 42-acre tract boasts a prime location in an area renowned for its mature Illinois whitetail deer and thriving turkey population. With the acreage set to be surveyed and an established easement road ensuring excellent access from the south end of the property. As an investment prospect, this parcel presents an attractive proposition, generating approximately $9,000 per year through its CRP payment alone. Moreover, its potential for hunting leases could yield an additional $1,500 plus annually, resulting in a solid 5.8% annual return on investment. Whether you're looking to capitalize on the land's natural bounty or seeking a promising investment venture, this property offers both financial stability and the allure of Illinois's abundant wildlife. For more information, please reach out to local Land Specialist Josh Malone.
Summary
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Waterfront
Wild Game
Details
- Potential 5.8% ROI
- Approximately $9000/yr CRP income
- Great deer and turkey population
- Access is in the southeast corner
- Just minutes outside Olney
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Sold Property
For more information or to see additional properties currently for sale see Josh Malone's listings.