21333 Highway Verona, MO 65769

Property Details for 21333 Highway

Lot size

248.20 lot acres

Property type

Land

Property subtype

Farms

Description

This exceptional 248.2-acre Missouri farm presents a compelling investment opportunity for passive income seekers. Located in Lawrence County near Verona (zip code 65769), this property boasts an impressive average annual gross operating income of approximately 17%, significantly exceeding typical real estate returns. The farm's diverse income streams include irrigated crop production (corn, soy, oats) utilizing a center pivot irrigation system, and hay production (bermuda and orchardgrass). Livestock grazing further enhances its versatility. The soil classification is predominantly Class 2, considered among the best in the region. The property comprises five parcels and features substantial improvements, including a 90x90 red iron hay barn, a 40x80 barn, a newly constructed 40x50 spray barn, several smaller equipment barns, and three grain bins—one a newer Brock bin with a 20,000-bushel capacity. A significant asset is the 3-bedroom, 2-bathroom house built in 2017, ideal for owner-occupancy or housing farm management staff. This quality-built home includes spray foam construction, tile floors, a walk-in shower, custom cabinetry, an instant hot water heater, stainless steel appliances, and a steel-supported deck. This turnkey operation offers substantial depreciation potential and a unique blend of income generation and operational efficiency. The asking price is $2,314,608.

Location Insight

City

Verona

County

Lawrence

State

Missouri

Longitude

-93.8637

Latitude

36.9664