For more information regarding the value of a property, please contact us for a free consultation.
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
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Midwest Land Group LLC