Agricultural Land for Sale in Verona, Missouri
Lawrence 1110 Verona, MO 65769
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.
Directions
From Highway H head East on FR 2200. Multiple parcels to the North.
Property details
- County
- Lawrence County
- School District
- Verona
- Elevation
- 1,335 feet
- MLS Number
- OGAR 242353
- Date Listed
Parcels
- 137026000000006000
Detailed attributes
Listing
- Type
- Lots And Land
- Subtype
- Farm
Lot
- Features
- Pond
Nearby schools
Name | Level | District | Description |
---|---|---|---|
Verona | Elementary | Verona | — |
Verona | Middle | Verona | — |
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
May 17, 2024 | New listing | $1,974,608 | — | OGAR |