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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.PROPERTY FEATURES
Water Source :
Well - Private
Fencing :
Barbed: 5 Wire
Road Frontage Type :
County, State
Road Surface Type :
Blacktop, Chip & Seal
Cooling:
Central
PROPERTY DETAILS
Street Address: 21333 Highway W
City: Verona
State: Missouri
Postal Code: 65769
County: Lawrence
MLS Number: 60268565
Courtesy of Reece Commercial - Springfield
City: Verona
State: Missouri
Postal Code: 65769
County: Lawrence
MLS Number: 60268565
Courtesy of Reece Commercial - Springfield
Courtesy of Reece Commercial - Springfield
