11426 Lawrence 2220 , Verona, MO 65769
Verona, MO 65769
Description
Thank you for viewing this income producing, irrigated-tillable farm that is now available for sale. This farm is an ideal candidate for 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%. This farm is well-balanced with its revenue streams coming from both grain as well as well established bermuda grass hay operation. Soil classifications are nearly exclusively class 2 - essentially the best you will find in the region. Farm has a strong management and fertilization history. The property features 90x90 red iron hay barn, 40x80 machine barn, newly erected 40x50 spray barn, multiple other equipment barns, & 3 bins including a newer Brock with 20,000 bushel capacity. This farm can also be purchased with a 3 bedroom 2 full-bathroom home built in 2017 that is perfect for either an owner occupant or to house a farm manger/staff.
Details
| MLS# | 60283451 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 2021 |
| Days On Site | 33 |
| Listing Provided By | Reece Commercial - Springfield | Sam R. Craft |
Features
| Acreage | 120.00 |
|---|
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Learn More About This Property
| State | MO |
|---|---|
| County | Lawrence |
| City | Verona |
| Zip Code | 65769 |
| Community Name | N/A |
| School District | Verona |
| Elementary School | Verona |
| Middle School | Verona |
| High School | Verona |
| Listing VS Median (in N/A) | |
Price: $1,275,000 low | high Med: $299,000 On Site: 33 low | high Med: 147 | |
