Western Nebraska Investment Farm Under Contract Farms, Recreational

Big Springs, NE 69122, USA
$700,000
  • Description
  • Map
  • Features

Description

Here is your opportunity to purchase a turn-key dryland and CRP farm in Western Keith and Garden County. This farm can be purchased as a whole unit or as individual units.

Garden County Drycrop 80-UNDER CONTRACT
Acres = 80.61 total acres | 77.61 ac drycrop | 3 roads
Price = $80,000
Taxes = $762.58
Income Potential = 77.61 ac Drycrop @ $40/acre = $3,104

Garden County Drycrop “80” consists of 77.61 drycrop acres. This parcel is currently being cash rented. Lease expires in March 2022. This parcel sits 9 miles North and 2 miles East of Lodgepole, Nebraska. It consists of class II, III and IV loam soils. This “80” has great county road access on two sides and is located in a good drycrop farming area.

Keith County Drycrop Quarter-UNDER CONTRACT
Acres = 157.07 total acres | 153.13 ac Drycrop | 3.94 Roads
Price = $245,000
Taxes = $1,368.58
Income Potential = 153.13 acres Drycrop @ $50/acre = $7,656.50
Total Income=$7,656.50 + $230 ($3/acre Pheasants Forever payment on any wheat stubble)

Keith County Drycrop Quarter consists of 153.13 +/- drycrop acres. There is currently a cash lease in place until March 2022. This parcel has excellent county road access and is located 8 miles North of Big Springs, Nebraska. The soils on this property consist of 85% class II Kuma Silt loam. This is a productive dryland farm with excellent road access.

Keith County CRP and Drycrop Quarter
Acres = 161.52 total acres | 81.53 acres | CRP 77.97 drycrop acres | 2.02 acres Roads
Price = $215,000
Taxes = $1,258.62
Income Potential = 81.53 ac CRP @ $44.65/acre = $3,622;  78 acres Dryland @ $45/acre = $3,510.00
Total Income=$7,132.00 + $652 ($8/acre Pheasants Forever)

Keith County CRP and Drycrop Quarter consists of 161.52 acres with 85 acres in CRP and the balance is dryland farm ground. This farm is currently in a cash rent on the drycrop with the lease expiring in March 2022. The CRP contract expires on 9/30/2023. This parcel offers excellent upland bird and deer hunting opportunities. The views from this property are breathtaking as you sit on the hillside as the Sun rises or sets during your hunt. Along with the CRP income this property boasts income from the rented out drycrop land as well.

Keith County CRP Quarter
Acres = 160.19 total acres | 159 ac CRP | 1.19 ac roads
Price = $160,000
Taxes = $1,119.22
Income Potential = 159 ac CRP @ $33.31 = $5,296
Total Income=$5296+ an additional $1,272 ($8/acre from Pheasants Forever)

Keith County CRP Quarter is an established piece of CRP that has high quality upland bird hunting as well as deer. This property has an agreement with Midwest electric to extend a power line up to 1,000 feet with a transformer. This would give the new owner an opportunity cost free to get power to a new well or building site for when the CRP expires. This property would make an excellent building site with good county road access and close proximity to lake McConaughy and Ogalalla. The CRP contract expires on September 30, 2022.

Investment Farm Income
$25,851.00 Gross Income
-$4,509.00 Real Estate Taxes
NET RETURN= $21,342.00

Legal Description:
Township 14 N- Range 41 West of 6th P.M. Keith County Nebraska
-Section 10= SW 1/4 (Keith County Drycrop and CRP Quarter)
-Section 17= SE ¼ (Keith County Drycrop Quarter)

Township 14- Range 40 West of 6th P.M. Keith County Nebraska
-Section 21= SE ¼ (Keith County CRP Quarter)

Township 15- Range 46 West of 6th P.M. Garden County Nebraska
-Section 15= N ½ NW ¼ (Garden County Drycrop 80)

Taxes: $4,509 for all parcels

Address: Big Springs, NE 69122
County: Keith and Garden

Map

  • City: Brule
  • State/county: Nebraska
  • Neighborhood: Garden County, Keith County
  • Country: United States

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