Keller Williams Realty Greater Springfield
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21333 Highway W, Verona, MO 65769

$2,314,608 Asking Price

3 beds
2 baths
1,528  sqft
Built in 2017

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.


Listing Status:
Active
Date Added:
May 17, 2024 — 35 days ago
Listing Office:
Reece Commercial - Springfield, Sam R. Craft (417-955-1232)
Office Phone:
417-882-5710
MLS ID:
60268565

Features & Amenities

Interior

General:
High Speed Internet, Smoke Detector(s), W/D Hookup, Walk-In Shower, Laminate Counters
Appliances:
Water Softener Owned, Wall Oven - Double Electric, Instant Hot Water, Propane Water Heater, Microwave, Cooktop-Gas, Refrigerator, Dishwasher, Disposal
Flooring:
Tile
A/C:
true, Central
Heating:
true, Forced Air, Central
Fireplace:
None

Exterior

Parking:
Driveway

Construction

General:
Metal Siding

Location

Road/Access:
County, State
Originating MLS:
Southern Missouri Regional MLS
County:
Lawrence

Lot

Zoning:
TBD at Closing to Govern., 137026000000006000
View:
Panoramic
Fencing:
Barbed: 5 Wire

Utilities

Water:
Well - Private
Sewer:
Septic Tank

Financial

Source:
Southern Missouri Regional MLS

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

About Verona, MO

Housing

Number of Units
1,543
Median Home Value
$137,409
Median Rent
$454

22.54% of housing units are renter occupied.

8.24% are vacant.

Commute

Car
76.06%
Public Transportation
0.00%
Walk to Work
0.50%
Work from Home
20.40%
Other
3.04%

The median travel time to work is 20 minutes.

People

Population
3,726
Median Age
38.60
Median Household Size
2.80

Education

High School
41.37%
Associate’s Degree
8.18%
Bachelor’s Degree
6.31%
Graduate Degree
3.88%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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1310 Primrose, Springfield, MO 65804
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Email: laurie@gsbor.com Data displayed may be a portion of, and not a complete set of all listings published in the MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last Updated: June 20, 2024 5:52 pm.

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