149 Acres, Scotts Bluff County – Signal Butte Ranch-Tract 1

This Nebraska ranch is also for sale as Signal Butte Ranch

Signal Butte Ranch-Tract 1 is productive center pivot irrigated farmland. There are 149± acres on this farm with water rights from the Gering/Fort Laramie Ditch Company. It lays nearly level, supports nearly all class II soils under irrigation, and has direct access to Highway #71 coming South from Gering, Nebraska.

Location 3 Miles south of Gering, NE

County Acres
138.89 Pivot Irrigated Acres
7.65 Grass Corners
1.00 Homesite
.67 Roads
.99 Waste
149.20 Total Taxable Acres per Scotts Bluff County Assessor

2022 Real Estate Taxes $7,477.78
Water Rights Gering Ft. Laramie Ditch Co.
Allocation 150.2 Acres
Water Tax $4,994.15 ($33.25/Acre)
Equipment 40 HP Electric motor with pump, Valley electric center pivot

LANDLORD REVENUE ESTIMATE
Tract 1 – 149.20 Deeded Acres
Scotts Bluff County, NE – Farm – Center pivot irrigated.

138.9 Acres Center Pivot Irrigated @ $200/Acre = Cash $27,780.00

OR

138.9 Acres Center Pivot Irrigated @ 175-bu/acre corn = 24,308-bushel corn
24,308-bushel corn @ .25(LL) = 6,077 @ $5.50/bushel = $33,423.50

Estimated Gross Income $33,423.50
2022 Real Estate Taxes -7,477.78
Water Right Tax (LLEX) -4,994.15
Repair, Replacement, Insurance -2,500.00
Estimated Net Landlord Income $18,451.57
Estimated $18,450.00

Address: Gering, NE 69341
County: Scotts Bluff