Mccool Junction, NE 68354,0000 Road I & Road 2 Road
Mccool Junction, NE 68354,0000 Road I & Road 2 Road
Mccool Junction, NE 68354,0000 Road I & Road 2 Road
$2,091,424
Est. payment /mo
$2,208,000
5.3%
Est.Price: ?

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160.57 Acres Lot
SOLD DATE : 12/16/2022

Key Details

Sold Price $2,091,424

Property Type Vacant Land

Sub Type Farms/Ranches

Listing Status Sold

Purchase Type For Sale

Subdivision None

MLS Listing ID 22221411

Sold Date 12/16/22

HOA Y/N No

Annual Tax Amount $10,888

Tax Year 2021

Lot Size 160.570 Acres

Acres 160.57

Lot Dimensions 160.57 Acres

Property Description

This is a rare opportunity to own an irrigated quarter section in the highly desirable York County, NE. This particular farm has been no till and rotational crops for the last 10 years. The crops are irrigated with an 8 tower Reinke center pivot with a brand new US Motors 75HP electric motor installed this year. Well G-035930 is a 275 foot well pumping at 1207 gpm. The tenant in place has been farming for several years providing $325/acre cash rent with potential to continue leasing. There is also a small pond and patch of timber tucked in the Southwest corner of the property. Soil type consist of primarily Class I Hastings silt loam and Uly-Hobbs silt loams providing excellent yields. For the investor, in 2021 there was a solar land lease put in place, providing additional income on the property. This lease pays out quarterly payments every year in the pre operating period and if a solar farm is constructed, will pay out a very attractive amount resulting in over a 4% ROI.

Location

State NE

Area York

Interior

Equipment Irrigation Equipment

Exterior

Fence Partial

Utilities Available Electric, Water

Street Surface Gravel

Building

Lot Size Range More than 40 Acres

Sewer Well

Schools

Elementary Schools Mccool Junction

Middle Schools Mccool Junction

High Schools Mccool Junction

School District Mccool Junction

Others

Tax ID 930193903, 930017862, 930202712

Ownership Fee Simple

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

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Listed by Midwest Land Group LLC
Bought with Midwest Land Group LLC

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Tina Harper

+1(402) 630-2301

Agent | License ID: 20190677

Agent License ID: 20190677

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