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000 Lawrence 1110, Verona, MO 65769

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For Sale

$1,974,608

243.2 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • 243.2 acres
    Lot size

Explore this Property

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.
MLS# 60268566

Courtesy Of IMO Co., INC (Carol Jones Realtors)

(417) 883-6666

Property Features

  • Architecture Style
    Other
  • Lot Size
    243.2 Acres
  • Roof Type
    Unknown
  • View Type
    Panorama

Map and Directions

Directions to 000 Lawrence 1110, Verona, MO 65769

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(417) 678-2121
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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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