Property Attributes
- MLS#242351
- TypeFarm
- CountyLAWRENCE
- CityVerona
- Area15 - Lawrence County
- Zip65769
- StyleRanch
- Price$ 2,314,608
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1528
- Lot Size248 Acres
Data Source:
Ozark Gateway Association of REALTORS® (OGAOR)
Property Description
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 5 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. The western parcel features a 3 bedroom 2 full-bathroom house built in 2017 that is perfect for either an owner occupant or to house a farm manager/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.
Price History | |
---|---|
5/17/2024 | Listed $2,314,608 |
General Features
Interior Features | Laminate Counters,Eat-in Kitchen,Kitchen Island,Pantry,Walk-In Closet(s) |
---|---|
Sewer | Sewer - Septic |
Heating | Central Gas,Forced Air,Propane |
Cooling | Central Air |
Possession | At Close,Negotiable |
Roof | Metal |
Patio/Porch Features | Covered,Deck,Porch |
Architectural Style | Ranch |
Construction Materials | Metal |
Year Built | 2017 |
Topography | {u'Level': True} |
Levels | One |
Accessibility | Interior Doorway 32+ (All),Hallways 36 in + (All) |
County | Lawrence |
Property Type | Farm |
Garage Y/N | No |
Other Structures | Workshop |
Total Rooms | 5 |
Status | Active |
Directions | From Highway H Head East on FR2200. Multiple Parcels on North Side. |
City | Verona |
View Y/N | No |
MLS Area | 15 - Lawrence County |
Lot Size Units | Acres |
Lot Size Square Feet | 10802880.0 |
Carport Y/N | No |
Year Built Details | 6 - 10 |
Land Lease Y/N | No |
Lease Renewal Y/N | No |
MLS Area Minor | 15 - Lawrence County |
Additional Parcels Y/N | No |
Lease Considered Y/N | No |
Rent Control Y/N | No |
Standard Status | Active |
MobileHomeRemainsYN | No |
Senior Community | None |
New Construction | None |
Interior Features
Basement | Crawl Space |
---|---|
Flooring | Ceramic Tile |
Fireplace Features | None |
Basement (Y/N) | No |
Air Conditioning Y/N | Yes |
Heating Y/N | Yes |
Fireplace Y/N | No |
Above Grade Finished Area | 1528.0 |
Full Baths | 2 |
Total Bedrooms | 3 |
Below Grade Finished Area | 0.0 |
Total Baths | 2 |
Exterior Features
Fencing | Barbed Wire |
---|---|
Lot Features | Farm Pond |
Lot Size Area | 248.0 |
Spa | No |
Building Area Total | 1528.0 |
Lot Dimensions | 248.2 |
Lot Size Acres | 248.0 |
Other Parking | Storage,Parking Pad,Driveway |
Crops Included Y/N | No |
Open Parking Y/N | No |
Horse Y/N | Yes |
Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool