$1,275,000

11426 Lawrence 2220, Verona, MO 65769

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon120acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 5 months ago

Property Description

Thank you for viewing this income producing, irrigated-tillable farm that is now available for sale. This farm is an ideal candidate for 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%. This farm is well-balanced with its revenue streams coming from both grain as well as well established bermuda grass hay operation. Soil classifications are nearly exclusively class 2 - essentially the best you will find in the region. Farm has a strong management and fertilization history. The property features 90x90 red iron hay barn, 40x80 machine barn, newly erected 40x50 spray barn, multiple other equipment barns, & 3 bins including a newer Brock with 20,000 bushel capacity. This farm can also be purchased with a 3 bedroom 2 full-bathroom home built in 2017 that is perfect for either an owner occupant or to house a farm manger/staff.

Listing Status:
Active
Date Added:
May 1, 2025 at 05:00AM
Listing Office:
Reece Commercial - Springfield : 417-882-5710
Listing Agent:
Sam R. Craft : 417-955-1232
MLS ID:
60283453
  • Road/Access: County
  • Originating MLS: Southern Missouri Regional MLS
  • County: Lawrence

This listing courtesy of Sam R. Craft, Reece Commercial - Springfield

Location

Schools Nearby

V

Verona Elementary School

101 E Ella St, Verona, MO, 65769

Grades PK-6

3.40 miles away

V

Verona High School

101 E Ella St, Verona, MO, 65769

Grades 7-12

3.40 miles away

V

Verona High School

101 E Ella St, Verona, MO, 65769

Grades 7-12

3.40 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.