000 Lawrence 1110 Verona, MO 65769

Property Details for 000 Lawrence 1110

Lot size

243.20 lot acres

Property type

Land

Property subtype

Farms

Description

This exceptional 243.2-acre Missouri farm presents a compelling investment opportunity for those seeking substantial returns in the agricultural sector. Located in Lawrence County, near Verona (zip code 65769), this property boasts an impressive average annual gross operating income (GOI) of approximately 17%, significantly exceeding typical real estate returns. The farm's diverse income streams include irrigated crop production (utilizing a center pivot irrigation system), bermuda and orchard grass hay, and livestock grazing. The high-quality soil classification is predominantly Class 2, considered among the best in the region. The property comprises four parcels, enhancing its operational flexibility. Improvements include 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 advantage is the inclusion of a three-bedroom, two-bathroom house built in 2017, ideal for an owner-occupant or farm manager. This modern home features spray foam construction, tile floors, a walk-in shower, custom cabinetry, an instant hot water heater, stainless steel appliances, and a steel-supported deck. The asking price is $1,974,608, translating to $8,119 per acre. This property offers excellent depreciation potential and a diversified portfolio of commodities including corn, soybeans, oats, bermuda hay, orchard grass hay, and livestock. The property is offered with broker co-op.

Location Insight

City

Verona

County

Lawrence

State

Missouri

Longitude

-93.8625

Latitude

36.9935