855.375.4001
Listing Courtesy of: Sam Craft - ReeceNichols - Springfield 417-883-6666
$1,974,608 affordable loan icon Calculate Payment

Lawrence 1110 Verona, MO 65769

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Last updated on 9/29/2024 5:21 AM
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. Continue reading
MLS#
242353
Property Type
Land
Lot Size
243
Sewer
Holding Tank

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Listing Courtesy of: Sam Craft - ReeceNichols - Springfield 417-883-6666
Andrea D. Conner, License 71221, Xome Inc., License 68390, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


All information deemed reliable but not guaranteed and should be independently verified. The listings on this site are displayed courtesy of the IDX program of Ozark Gateway Association of REALTORS® and may not be the listings of the site owner. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor OZARK GATEWAY ASSOCIATION OF REALTORS shall be held responsible for typographical errors, misinformation, misprints and shall be held totally harmless. Copyright 2024 Ozark Gateway Association of Realtors. All rights reserved.
This content last refreshed on 9/29/2024 5:21 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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