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28651725
28651726

11426 Lawrence 2220, Verona, MO 65769 For Sale

SC
MO 2019042641
Reece Commercial Real Estate
Listed by Reece Commercial Real Estate
$1,250,000
238 days on market
Updated 55 days ago

Lawrence County Irrigated Tillable Tract

Details
Property Type Land
Sub Type Agricultural, Farm (+1)
Broker Co-Op Yes
Acreage 120.000

Land | 120 acres

Marketing description

Now available, is this high quality 120 acre tillable tract with improvements and black top access. This site has a long history of income generation and the integrity of the soil has been well maintained for decades.

The 115+/- acres of production are nearly exclusively (87%) class 2 soils, with strong yield history. The property is serviced by center pivot irrigation (660) with two hookup points. The tract lays long and flat for easy running. Currently, the back 20+/- acres are in bermuda. The remainder of the farm has a long history of corn/soybean/wheat crop rotation - with wheat in the ground currently and double crop soybeans to follow.

Improvements: 90x90 red-iron hay barn, 40x80 machine barn, newer 40x50 spray barn, 3 grain bins with a total capacity of 30,000 bushel, center pivot, 2 wells, approximately 9,000 square feet of concrete surfacing, amongst others. Investors in the agricultural sector can take advantage of the tax benefits from depreciation with this farm's many improvements.

Investment highlights

  • Depreciation Opportunities

  • Strong Yield History (Class 2 Soils, Irrigation)

Listing Contacts

SC
MO 2019042641
Reece Commercial Real Estate
Listed by Reece Commercial Real Estate

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Additional Information

Name
Sam Craft
License
2019042641
Brokerage
Reece Commercial
Brokerage Phone
417.882.5710
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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