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Listed by Sam R. Craft Reece Commercial - Springfield
$ 1,250,000
Est. payment /mo
Active
11426 Lawrence 2220 Verona, MO 65769
120 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SOM60310558
Annual Tax Amount $920
Tax Year 2024
Lot Size 120.000 Acres
Acres 120.0
Property Sub-Type Land
Property 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.
Location
State MO
County Lawrence
Interior
Fireplace N
Exterior
Fence Barbed Wire
Utilities Available Electricity Available, Septic System, Private Well Available, High Speed Internet
Waterfront Description None
Garage No
Schools
Elementary Schools Verona
Middle Schools Verona
High Schools Verona
Others
Acceptable Financing Cash, USDA Loan, Exchange, Conventional
Listing Terms Cash, USDA Loan, Exchange, Conventional
Tracey Lightfoot
Broker / Partner | License ID: 2013014900
+1(417) 251-1946 | traceysellsbranson@gmail.com