1,667 Acres, Sioux County - Sioux County Pivots - Lashley Land 1,667 Acres, Sioux County - Sioux County Pivots - Lashley Land

1,667 Acres, Sioux County – Sioux County Pivots

$4,750,000 Mitchell, NE 69357
Farm Land Farms Ranch Land Ranches
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  • Sold
1667.69 Acres

Sioux County Pivots is an all-contiguous Nebraska farm for sale consisting of 1,667± acres, and is located 9 miles North of Mitchell, Nebraska. This farm has been well maintained with an excellent tenant in place. There are 7 pivots irrigating a total of 938± acres.  All of the pivots have electric motors. Approximately 517± range acres, and 151± dryland farm acres surround the pivots. Enjoy excellent access with Hwy 29 frontage, as well as well-maintained field roads throughout the entire farm.

The homesite consists of 2± acres with a 3 bedroom modular home, a full basement, and an attached garage. There are also 2 machine sheds.

This is an excellent opportunity to own a quality farm just 30 minutes from Scottsbluff and Gering, NE. Call Mike for more information, or to schedule a showing.

Sioux County Pivots Income Potential
$164,150 Payable 1/2 May 1 & 1/2 Nov 1
-$34,978 Estimated Taxes
-$17,500 Pivot Maintenance
-$17,500 Insurance
-$1,000 Liability
$93,172 Total Estimated Net Income

Sioux County Pivots Acres
Pivot irrigated:938.00±
Dry crop:151.52±
Range:517.18±
Homesite: 2.12±
Waste:57.05±
Roads:1.82±
Total:1,667.69±

North Platte NRD
Water Allocation
1020.80 Certified Acres
w/ 29.7 Inches left per irrigated acre.
2 years of allocation left expires in 2025

When the pivots were originally developed there were end guns involved that irrigated more acres. When the Palm family took the farm over by purchasing it, they quickly realized that there was not enough water to get over all of the acres. The end guns were taken off which reduce the amount of tillable acres to 938. This is what is currently being farmed. In addition the small pivot located on the south portion of the farm is basically not being used. The well that services that pivot does not have adequate water. So at this time irrigated hay takes much less water. However the tenant is paying $175 an acre for all of the 938 acres. The advantage of this is that in a water controlled area you have more water by more than an inch per acre over the allocation. This means in a dry year you have enough water to produce an excellent crop. The Palm Family eventually sold the farm & was given the opportunity to rent the farm.

Lessor Equipment
Pivot #1-1995 Zimmatic 9 tower
Pivot #2-1994 Zimmatic 10 tower
Pivot #3-2006 Zimmatic 7 tower
Pivot #4-1976 Lockwood 7 tower
Pivot #5-1999 Zimmatic 7 tower
Pivot #6-1998 Zimmatic 10 tower
Pivot #7-2012 Valley 5 tower

1980 3 bedroom modular home with a full basement and attached 2 car garage along with 2 machine sheds.

Improvements/Outbuildings
2634 sq ft house
Single wide Mobile home
40×70 utility building
40×40 utility building

Legal Description
Parts of Sections 2, 3, 10, 11, 14, & 15 All in Township 24N, Range 56W of the 6th P.M. Sioux County, NE

Taxes – Estimated: $34,978.60

Address: Mitchell, NE 69357
County: Sioux

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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