Sold
246.4± Acres
Sold
Deuel County, Nebraska

Deuel County Tillable Cropland with Mostly Class II Soils & High ROI

ID: 75728
Status: Sold
Acres: 246.4
Type: Farms, Hunting Land, Recreational Land, Undeveloped Land
Address: TBD Road 157
City, State: Chappell, Nebraska
County: Deuel
Zip Code: 69129
Lat/Long: 41.0305, -102.5643
Presented By: Daniel Hunning

Description

Parcel of productive cropland that is turn-key ready for the farmer looking to add to an existing operation or an investor looking to add to their portfolio. Consisting of mostly Class (2e) & Class (3e) soils the cropland has a good proven yield history.   Crops grown on the property and in the area include Wheat, Milo, Millet, or Corn.  Currently, all of the tillable acreage is in a crop rotation and is subject to tenant rights under a written $55 per tillable acre cash lease agreement.  There are 14.81 acres currently enrolled in Grassland CRP paying $163 annually until 2035.  Together the cash lease & CRP payment comes to a total of $12,848.20 annually which creates a return on investment of over 3.7% at asking price before taxes.  Power runs along the maintained county road offering tons of possible opportunities including a potential building site.  The property has well maintained county road frontage on multiple sides and is located in a great farming area.  FSA information is available upon request.  Seller's Owned Mineral Rights are included.   Please contact the local Land Professional for questions or to schedule a showing.

  • Located Southwest of Chappell, NE
  • Mostly Prime Tillable Cropland
  • $12,848.20 Annual CRP & Cash Lease Income
  • Over 3.7% ROI Based on Asking Before Taxes
  • County Road Frontage on Multiple Sides

 

When purchasing a property listed by Great Plains Land Company, a Buyer's Broker, if applicable, must be identified on first contact and present at the initial showing of the property to participate in a real estate commission. If these conditions are not met, compensation if any will be at the sole discretion of Great Plains Land Company.

Showing Instructions:

Call to schedule a showing.

Additional Details

Additional Info

Wildlife: Big Game, Dove, Ducks, Geese, Mule Deer, Other, Pheasants, Small Game, Whitetail Deer
Rights: Mineral
Road Type: Gravel
Road Frontage: County Road
Current Use: Agricultural
Possible Use: Agricultural, Cattle, Farm, Hunting, Investment, Other, Plantable, Recreational, Residential, Row Crops

Financial

Tax ID: 0000272.00
Taxes (annually): $1,740
Tax Year: 2024

Ask Daniel About This Property

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