County Road 277, Kahoka, Clark County, MO 63445, Land for Sale at Auction – Oberman Farm

Bidding Ends Wednesday, May 13th at 10 AM

This 60±-acre tract in Clark County, Missouri, delivers a capable mix of productive farmland, timber, and long-term investment potential that works on multiple levels. The ground breaks down simply with 43± acres in tillable production and the balance in timber, giving you reliable income today and recreational appeal alongside it. The soil types is solid throughout, with Adco silt loam, Leonard silt loam, and Keswick loam making up the mix in one of the more sought-after agricultural corners of Clark County.

Access comes in from the east along County Road 277, a well-maintained gravel road that also carries electricity along the property's eastern edge. If a building site or future improvements are part of the plan, the utilities are already there to work with.

A farm lease is in place for the 2026 season, so the income side is covered from day one. Beginning January 1, 2027, the property comes free and clear of any lease obligations with full flexibility to farm it yourself, re-lease it, or take it in a different direction entirely.

Whether you're a farmer looking to add ground, an investor wanting tillable acres with upside, or someone with an eye toward a place to settle, this one checks a lot of boxes. Good access, utilities in place, proven soils, and woods to round it out.

The Oberman farm is located 20 minutes west of Keokuk, IA, 40 minutes north of Quincy, IL, and a little over 2 hours north of Chesterfield, MO.

For more information, call or text Justin Alderton (660) 341-0347.

Auction Terms & Conditions

1. PROCEDURE: Bidding ends Wednesday, May 13, 2026, at 10:00 AM, with a soft close, meaning that a bid in the final minute will extend bidding by 5 minutes.

2. BUYERS PREMIUM: 5% Buyer’s Premium will be added to the final bid price to arrive at the contract sales price.

3. ACCEPTANCE OF BID PRICES: Winning bidder will enter into a Contract to Purchase immediately upon being declared the Successful Bidder by the Auctioneer. Upon the close of the auction, the winning bidder will be forwarded via email a Contract to Purchase. Trophy Properties and Auction must receive a signed copy of the contract on or before 12:00 NOON, Thursday, May 14, 2026 (hand delivered, faxed, or scanned and emailed). The Seller reserves the right to reject any and all bids. Once accepted, this agreement shall be binding on the parties and their successors and assigns. This agreement is NOT subject to financing, inspections, or other contingencies or delays the closing for such reason.

4. DOWN PAYMENT: 10% of the contract purchase price will be due upon acceptance of the Sales Contract. Business or Personal Checks or Wire Transfer are accepted.

5. BIDDING: Once submitted, a bid cannot be retracted.

6. CLOSING: Closing shall be on or before 3:00 PM., Thursday, June 11, 2026.

7. POSSESSION: Possession will be given at closing, subject to the remaining rights of the current tenant if any.

8. TITLE: Seller shall furnish the buyer(s) at Seller’s expense an Owner’s Policy of Title Insurance in the amount of the purchase price and agrees to provide and execute a proper deed conveying merchantable title to the real estate to the buyer(s).

9. SURVEY: AT SELLERS OPTION, the Seller shall provide a new survey where there is no existing legal description to convey title.

10. REAL ESTATE TAXES: The 2026 Real Estate taxes to be paid by the Buyer(s).

11. Under no circumstances shall Bidder have any kind of claim against Trophy Properties and Auction, or anyone else if the Internet service fails to work correctly before or during the auction.

12. The information is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines are drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to this property. Both real estate (including all improvements, if any) is being sold As Is, Where Is with NO warranties expressed or implied. Please make all inspections and have financing arranged prior to the end of bidding. All announcements made day of sale take precedence over prior advertising, either written or oral. This property is subject to prior sale.