Current lease will expire on Dec 31 of 2024, ready for farmers to buy and farm in 2025. Total rent is $55,400 per year, Cap at asking price is 3.26%. -- Soil Classes are F, E and H -- Total cultivated acres as per SAMA are 454. Total assessment is $732,800. -- Average assessment per 160 acre is $ 244,776 -- Average cultivated acres per 160 acre is 151.3. Land has been well farmed for many years. See Additional Media section for lease info 1, Farmland Lease info: yearly rent is $40,000/year. lease will expire on Dec 31 of 2024. 2, Oil Surface Leases on land: Revenue from current oil surface leases: approximately $15,400 / year. There are 4 oil leases on the land, two leases were signed in 2015 and the other two leases were signed in 2021. 3, Facility info : There 6 metal grain bins on NE 17-25-17 W3, all hopper bottom, approx. 25,000 bushel in total. One Quonset on NE 17-25-17 W3. Additional 25 Quarters are also available, just 6 miles north of this package. (id:47421)
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Detailed Information
Types of Crops
Grains
Farm Type
Farm
Features
No bush
Listing Contract Date
2024-09-02
Property Type
Agriculture
Transaction Type
For sale
Building
Type
Unknown
Land
Total Size
479.11 acres
Acreage
Yes
Size of Irregular Land
479.11
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