Steve Smyth wrote:The thought occurred to me that I may be able to buy a larger parcel and lease or sell lots to right minded folks. I could offer a lease/purchase, rent or buy outright. The price for usable ground would likely be in the $3000 - $5000 an acre.
Rebecca Blake wrote:
Steve Smyth wrote:The thought occurred to me that I may be able to buy a larger parcel and lease or sell lots to right minded folks. I could offer a lease/purchase, rent or buy outright. The price for usable ground would likely be in the $3000 - $5000 an acre.
Just a notice on selling parts of land... when you want to sell just parcels of the land you will need to replat it. My parents and I were looking at doing this to some land, I can't remember the price exactly but I think it was about $15,000-$20,000 to do this.
On top of the price, there also may be some random conditions tied to that particular piece of land saying you cannot replat it, or there may be some new laws put into place by the county that adds limitations. For example, in our county any land that is platted after the 1980s can NOT have both a septic and well on it if the land is less than 5 acres. Well that's a problem because the land we are looking at is 4 acres, doh! BUT it was platted before this law came about in the 1980s... so it is grandfathered in and we can build both well and septic on it as long as we don't touch the plat like we originally considered doing.
I wish it was a simple process sharing land with people, but unless you're rich and can just buy outright... it's not simple and there are plenty of traps set for you.
Of course you're still free to lease it as you like, but I do not know the laws with this and wonder if it would involve some form of replatting.
Tara Sanders wrote:Are you still looking to split land. I'm trying to do some research on Missouri.
KendraRoark2013@outlook.com
417-712-1035
located in South Central Missouri
Tara Sanders wrote: They have a lot of factory farming out in MO so I'd have to check that and then fracking, etc.
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