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.
Aprx Pasture Acres: 91-100%
Crops: Seller Owned
Hoa: No
Fullbaths: 2
Total Baths: 2.00
Architecture: 1 Story
Year Built: 2,017
Foundation: Concrete Block, Poured Concrete
Amenities: None
Roofing Material: Metal
Fencingtype: Barbed: 5 Wire
Patio and Porch: Covered, Deck, Porch
Easements Restrict: Easements/Rights of Way
Transaction Type: Sale
Garage: No
Garagetype: Driveway
Appliances: Cooktop-Gas, Dishwasher, Disposal, Instant Hot Water, Microwave, Propane Water Heater, Refrigerator, Wall Oven - Double Electric, Water Softener Owned
Flooring: Tile
Interior Features: High Speed Internet, Laminate Counters, Smoke Detector(s), W/D Hookup, Walk-In Shower
Aprx Cleared Acres: 91-100%
Acres: 248.20
Township: 27
Aprx Wooded Acres: 1-10%
Topography: Level
Section: 26
Inside City Limits: No
Foreclosure: No
Beds: 3
Present Use: Crops,Farm
Reserved Items: Yes
Property Type: D
Surface Water: Pond(s)
View: Panoramic
Road Surface: Blacktop, Chip & Seal
Dwelling Age: 5+ to 10 Years
County: Lawrence
Irrigation: Sprinkler
View: No
Road Frontage: County, State
Num Ponds: 3.00
Financing: Cash, Conventional
Will Sell: Cash,Conventional,FHA,USDA,WillDivide
Certifiedgreen: 90+ Furnace Rating
Out Buildings: Barn,Barn - Dairy,Barn - Hay,Barn - Horse,Corrals,
Price Per Sqft: 1,514
Below Grade Fin Sqft: 0
Below Grade Unfin Sqft: 0
Sqft Finshd Unfnshd: 1400 - 1599
Sqft: 1,528
Above Grade Unfin Sqft: 0
Tax Year: 2,023
Efficiency Units: 1528.
Cooling Source: Electric
Heating: Central, Forced Air
Cooling: Central
Sewer: Septic Tank
Heating Source: Propane
Water: Well - Private
Constext Materials: Metal Siding
Courtesy of listing office Reece Commercial - Springfield
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