Agricultural Land for Sale in Verona, Missouri
Lawrence 1110 Verona, MO 65769
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.
Directions
From Highway H head East on FR 2200. Multiple parcels to the North.
Location
- Street Address
- Lawrence 1110
- County
- Lawrence County
- School District
- Verona
- Elevation
- 1,335 feet
Property details
- MLS Number
- OGAR 242353
- Date Posted
Property taxes
- Recent
- $1,103
Parcels
- 137026000000006000
Detailed attributes
Listing
- Type
- Land
- Subtype
- Farm
Exterior
- Features
- Farm Pond
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
May 16, 2024 | New listing | $1,974,608 | — | OGAR |