Address
000 Lawrence 1110, Verona, MO
Price
$ 1,974,608
Property Attributes
  • MLS#242353
  • TypeLand
  • CountyLAWRENCE
  • CityVerona
  • Area15 - Lawrence County
  • Zip65769
  • StyleFarm
  • Taxes$ 1103
  • Price$ 1,974,608
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size243 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 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.

Price History
5/17/2024 Listed $1,974,608

General Features

Sewer Sewer - Septic,Septic Tank
Topography {u'Level': True}
Property SubType Farm
County Lawrence
Property Type Land
Other Structures Workshop
Status Active
Directions From Highway H head East on FR 2200. Multiple parcels to the North.
City Verona
View Y/N No
MLS Area 15 - Lawrence County
Lot Size Units Acres
Lot Size Square Feet 10585080.0
Land Lease Y/N No
Tax Annual Amount 1103.43
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

Fireplace Y/N No
Electric On Property Y/N Yes

Exterior Features

Fencing Barbed Wire
Lot Features Farm Pond
Lot Size Area 243.0
Spa No
Lot Dimensions 243.2
Lot Size Acres 243.0
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 Land Average in 65769

Price
AVG $800K
$1.97M
Taxes
AVG $427
$1,103
Visits
AVG 84
80
Data Provided by Inside Real Estate®

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