303 Acres, Phelps County Irrigated Farms - Lashley Land

303 Acres, Phelps County Irrigated Farms

$4,350,000 Lexington, NE 68850
Farm Land Farms
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  • For Sale
  • New Listing
303 Acres

This property is available as a whole, and as individual parcels.

These are excellent pivot quarters located in a strong farming area. The soils in this area are mostly Class 1 and Class 2 (irrigated) Holdrege silt loam.  This area typically receives 22” to 24” of annual rainfall. Both parcels are located in the Tri-Basin NRD within the Platte watershed, and as such, have no pumping restrictions. Pivot irrigated land in this area is an excellent investment as most NRDs in Nebraska have pumping restrictions and a moratorium on new wells, so pivot irrigated farmland is only going to gain in appreciation, as they won’t be making any more of it!

These pivots are fairly new, or new and the Owner/operator is dedicated to regular maintenance.

Parcel 1: $2,133,700 | 150.32± acres | Taxes: $6,291.96
Legal Description:
33-8-20 PT. NW1/4 33-8-20

This parcel is comprised of 26.4% Class I soils, 48.5% Class II soils, and 23.4% Class III. This parcel has a 1981 Valley Pivot with a diesel motor on the well and generator. This parcel enjoys both surface water rights and well water rights. Owner reports that the surface water is sufficient for the majority of the growing season, making irrigation more cost effective.

Well Info
Registration # G-065640
GPM: 800gpm
Static level: 75ft
Pumping Level:130ft

Parcel 2: $2,216,300| 152.87± acres | Taxes: $5,995,64
Legal Description:
34-8-20 PT. NE1/4 34-8-20

This Parcel is comprised of 75% Class I Holdrege silt loam, with the balance in sloped Coly silt loam. This parcel has a 2022 Zimmatic pivot with corner system and a natural gas motor on well with both ground water and surface water capabilities.

Well Info
Registration # G-049184
GPM: 1100gpm
Static level: 59ft
Pumping Level: 98ft

Buyers and Sellers acknowledge all represented acres are based on the County Assessor’s records. Buyers acknowledge that they are purchasing a legal description, and acknowledge that fences may or may not be on the property lines.

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150 Acres, Phelps County Irrigated Farms-Parcel 1

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152 Acres, Phelps County Irrigated Farms-Parcel 2

Lexington, NE 68850 Land Area: 152.87 Acres

Farm Land Farms

This property is also available as Phelps County Irrigated Farms. This is an excellent pivot quarter located in a strong farming area. The soils in this area are mostly Class…
Agent: Lindsey Feuerborn
Property Details