Midwest Real Estate & Equipment Specialists.
Midwest Real Estate & Equipment Specialists.
Memphis, MO - Scotland County
PLEASE CONTACT THE AUCTION MANAGER BEORE VIEWING THE PROPERTY AS THERE MAY BE HUNTERS PRESENT.
Peoples Land Co., LLC is proud to present at public auction this exceptional 600± acre farm located in the heart of Scotland County, just west of Memphis, Missouri, conveniently positioned along Highway 136 just S of the Missouri-Iowa line, Memphis offers easy access to Kirksville, Quincy, and Ottumwa.
A rare chance to buy into one of the county’s most productive agricultural areas. Scotland County farmland is known for its fertile, highly tillable acres that consistently support strong row-crop production; farms in the region regularly produce competitive corn and soybean yields thanks to productive soils, straightforward field layouts, and good drainage. Missouri farmland is known for its relatively low property taxes, allowing landowners to maximize their return on investment while maintaining lower annual ownership costs compared to many neighboring states.
This property has been meticulously maintained, with exceptional fertility and extensive tiling work that truly set it apart from others in the region. The current owners have prioritized soil health, drainage, and productivity, ensuring that every acre performs to its full potential. From consistent nutrient management to well-designed tile systems that promote ideal growing conditions, this farm represents a turnkey opportunity for buyers looking for high-quality, proven ground that’s been managed with long-term performance in mind.
In addition to its strong agricultural value, this farm also offers excellent recreational opportunities that make it a true multi-use property. Scotland County is well known for its abundant wildlife and exceptional deer and turkey hunting, with a mix of row-crop fields and creek corridors that provide ideal habitat and travel routes for trophy whitetails. The farm’s layout allows for easy access to multiple secluded hunting spots, and the combination of cover, food sources, and water ensures consistent game activity year-round. Whether used as a weekend getaway, hunting retreat, or simply a quiet place to enjoy the outdoors, this property provides the perfect blend of income-producing farmland and top-tier recreation
Memphis’s central location provides excellent regional access without the congestion of metro traffic. Highway 136 runs east-west through town and U.S. 63 provides quick connections north to Iowa and south to Columbia. Strategic positioning makes the area attractive for farm operations, small manufacturing, and regional service businesses.
The farm will be offered in 4 tracts, providing buyers with the flexibility to expand their current operation, invest in quality cropland, or own a highly sought-after recreational and income-producing property. The layout of the tracts makes this an ideal investment for farmers, investors, or outdoor enthusiasts alike.
Property Location: West of Memphis, MO approximately ¼ mile off Hwy 136
Auction Location: Scotland County Community Fitness Center, 541 E Grand St, Memphis MO 63555
TRACT INFORMATION
Tract 1: 400± acres with approximately 330 tillable acres. Soil types include Wabash, Chequest, and Westerville—known for their productivity and strong yields.
Tract 2: 50± acres with approximately 49 tillable acres (?99% tillable). High-quality soils including Wabash, Chequest, and Chariton, making this a top-producing piece of farmland.
Tract 3: 40± acres of mature timber located along the North Fabius River. This tract offers excellent recreational and hunting opportunities, featuring outstanding habitat for trophy whitetails and other wildlife. Access with be granted by easement.
Tract 4: 110± acres with approximately 100 tillable acres. Prime highway frontage along Hwy 136, making it ideal for agricultural or commercial use. Soil types include Wabash and Chariton.
Don’t miss this chance to own a premier Northeast Missouri farm!
Auction Managers: Brad Sharpe 660-341-4144, Anthony Peoples 660-651-6501
CLOSING AND TITLE INSURANCE: Scotland County Abstract, 205 E Monroe St, Memphis MO 63555
***All locations and boundaries shown on maps are thought to be accurate but are not exact. Farm will be sold as-is with no warranties given or implied. Tract acreage is subject to final survey, all acreages are approximate.
Sellers: Ernest & Brenda Franz
10% OF BID PRICE TO BE PROVIDED AS DOWN PAYMENT AUCTION DAY.
SALE IS NOT CONTINGENT UPON FINANCING.
CLOSING TO BE ON or before JANUARY 23, 2026
TAXES TO BE SELLER TO PAY 2025 TAXES AND BUYER TO PAY 2026 TAXES AND BEYOND.
TITLE INSURANCE FOR THE OWNER’S TITLE COMMITMENT POLICY WILL BE PAID BY THE SELLER. ALL OTHER TITLE INSURANCE COSTS ASSOCIATED WITH THE BUYER WILL BE PAID BY THE BUYER.
CLOSING COSTS AND COST TO CONDUCT CLOSING WILL BE SHARED BY BUYER AND SELLER 50/50.
BUYER TO PAY ALL RECORDING FEES.
ALL TRACTS WILL BE SOLD AS-IS WITH NO WARRANTIES GIVEN OR IMPLIED.
ALL MAPPING LINES AND BOUNDARIES ARE THOUGHT TO BE ACCURATE BUT ARE NOT EXACT.
ALL ANNOUNCEMENTS ON SALE DAY TAKE PRECEDENCE OVER ANY ADVERTISING.
