Sheridan County Pivots, Drycrop and Range

$8,500,000 Gordon, NE and Hay Springs, NE
Farm Land Farms Ranch Land Ranches
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  • For Sale
4831 Acres Abundant Ground Water Quality farmland

This high quality farmland consists of 4,831± acres, and has multiple parcels located in Northern Sheridan County, Nebraska near the towns of Gordon, and Hay Springs.  These parcels are located in the heart of the Ogallala Aquifer, the largest freshwater aquifer in the world.  Most of the wells on this property pump 800+ gallons per minute.  The pivots are all T&L pivots of the 2008 vintage.  One of the pivots was new in 2014, and all pivots have electric motors.  The majority of the property consists of drycrop land, which is all in excellent condition.  These parcels are spread out, this provides a hedge for damage from one hail storm, and there is still excellent access to each tract.  This area is predominantly farming country, and there are several farming families here.  There are good tenants currently in place that live and farm throughout the area.  Don’t miss out on this opportunity to own quality farmland with abundant ground water!

Acres
Drycrop: 2,930.38±
Pivot Irrigated: 949.29±
Range: 855.45±
Waste: 57.00±
Roads: 37.45±
Improvements: 2.00±
Total: 4,831.57± (Per Sheridan Cnty Assessor)

Taxes – Estimated $50,514.58

Certified Irrigated Acres
955.65 as provided by the Upper Niobrara White NRD
810034719 = 165.3 acres
810038838 = 294.74 acres
810039036 = 133.06 acres
810039044 = 137.25 acres
810039427 = 119.8 acres
810127431 =
105.5 acres

Equipment: 6 T&L Pivots, 5 were installed 2008, 1 installed in 2014, all electric motors, gearheads, and pumps

Estimated Cash Lease Income
2,572.86 Dry Crop Acres @ $45.00 per=$115,778
860 Pivot Irrigated Acres @ $225.00 per=$193,500
486 Range Acres @ $33.00 per= $16,038
435.85 Grass pivot corners rent & 2021 corn stock rental = $46,650
Total Estimated Gross Income=$345,328

Estimated Expenses
Pivot Insurance – $2,750 each=$13,750
Fencing Materials=$500
Real Estate Taxes=$50,514
Pivot Maintenance= $15,000
Total Estimated Expenses=$79,764

Net Estimated Income (3% ROI) $265,564

NOTE: There are also 128.75 acres of waste, roads, grass with no water, old home sites, and old grain bins. they are included in the total acres picture.

Address: Gordon, NE 69343 and Hay Springs, NE 69347
County: Sheridan

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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