$1,974,608
 $10,600 est/mo Sourced by Back At You

000 Lawrence 1110 , Verona, MO 65769

Verona, MO 65769

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Description

Thank you for viewing this proven income producing tillable farm that is now available for sale. This farm is an ideal candidate for passive income absentee investors in the agricultural sector looking for stabilized income and good depreciation potential with its multiple structure improvements. To quantify that, this farm averages ~17% annual gross operation income. Other real estate alternatives tend to offer ~9/10%. Couple that with a unique flexibility and balance to offer income from irrigated crop ground (center pivot irrigation), bermuda/orchard grass hay, and grazing for livestock. Soil classifications are nearly exclusively class 2 - essentially the best you will find in the region. This farm includes 4 parcels. On the southern parcel is a 90x90 red iron hay barn, 40x80 barn, newly erected 40x50 spray barn, multiple miscellaneous other equipment barns, & 3 bins including a newer Brock with 20,000 bushel capacity. Also available is a parcel to the west which features a 3 bedroom 2 full-bathroom house built in 2017 that is perfect for either an owner occupant or to house a farm manger/staff. The home has many signs of quality with its spray foam construction, tile floors, walk in shower, custom cabinetry, instant hot water heater, and stainless appliances. Even the deck is built with steel supports to ensure longevity.

Details

MLS#60268566
Listing TypeFor Sale
StyleFarm or Ranch
Sub-TypeResale
StatusActive
Days On Site70
Listing Provided ByReece Commercial - Springfield | Sam R. Craft

Features

Acreage243.20
Property ViewPanoramic
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by Southern Missouri Regional MLS.

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Listings Checked: 11 seconds ago
StateMO
CountyLawrence
CityVerona
Zip Code65769
Community NameN/A
School DistrictVerona
Elementary SchoolVerona
Middle SchoolVerona
High SchoolVerona
Listing VS Median (in N/A)
Price:
$1,974,608
low | high
Med:
$307,000
100% of Average
On Site:
70
low | high
Med:
134
52.238805970149% of Average
Sourced by Back At You
Listing Updated: May 30, 2024 at 8:24:08 PM PDT