Address
21333 Highway W, Verona, MO
Price
$ 2,314,608
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

Property vs Farm Average in 65769

Price
AVG $2.31M
$2.31M
Visits
AVG 60
77
Data Provided by Inside Real Estate®
Year Built
AVG 2017
2017

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