Agricultural Land for Sale in Verona, Missouri

Lawrence 1110 Verona, MO 65769

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$1,974,608
243 acres
Active sale agoEst $14,416/mo

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
School District
Verona
Elevation
1,335 feet
Coordinates
37.0215, -93.8609

Property details

MLS Number
OGAR 242353
Date Posted

Property taxes

Recent
$1,103

Parcels

  • 137026000000006000

This 243-acre property is located at Lawrence 1110 in Verona, MO 65769 with latitude 37.0215 and longitude -93.8609. The property is currently available for sale for $1,974,608 with a price per acre of $8,126. Listing data is sourced from Ozark Gateway Association of Realtors # 242353.

Verify sale details at the property source or contact ReeceNichols - Springfield at (417) 883-6666.

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Copyright (C) 2024 Ozark Gateway Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 1 hour ago. Parcel data by Regrid.

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