Logan County Pivot Irrigated Farm --- SOLD & CLOSED 1.14.22

Two good pivot irrigated quarters located southwest of Stapleton, NE in southwest Logan County. Highlights of this offering include:

  • Very good county gravel road access

  • Good commodity marketing opportunities

  • Strong tenants in area for investor

  • 45,000 bushel grain bin

  • Electric powered wells

  • Full FSA base

  • 264 Upper Loup NRD certified irrigated acres

  • $1,700,000.00 UNDER CONTRACT!

A nice pivot irrigated farm located on Avenue 80, 5 miles southwest of Stapleton, NE in southwestern Logan County. Good soils and electric powered pumps are highlights of this farm. Grain markets in the area include a 40,000 head feedyard and Cooperative grain facility within 6 miles.

There are 264 Upper Loup NRD certified irrigated acres with the property. The soils under the pivots consist of 55% Class II & III Anselmo, , Hersh, Holdrege, Hord, Uly and Vetal silt loams and the balance is Class VI Uly and Valentine silt loams and loamy sand. The farm does have some rolling terrain in the eastern portion.

Irrigation equipment includes 2 older Pierce Circle Master 10 tower pivots with updated gear boxes and tires with the last 6 years. Each pivot is equipped with Grow Smart pivot panels and Field Net remote control.

Each pivot includes a 100 hp General Electric motor, 8” Western Lands Roller pump and electrical panel. The electric motors were installed in 2012 when converted from diesel.

The north pivot’s Irrigation Well: G-070661 was drilled in July 1979 to 230’; Static water at drilling was 90’; pump set at 150’; and rated at 800 gpm when converted to electric and includes 132 Upper Loup NRD certified irrigated acres.

The south pivot’s Irrigation Well: G-070920 was drilled in June 1988 to 340’; Static water at drilling was 150’; pump set at 160’; rated at 800 gpm when converted to electric and includes 132 Upper Loup NRD certified irrigated acres.

Installed in 2008, the 45,000 bushel grain bin is located in the southwest pivot corner of the north pivot with very good access to County Road 80. The bin is an aeriation bin with a power sweep auger. There is an electric submersible stock well near the grain bin for winter grazing of the crop residue.

The farm is available for full possession at closing with a reservation of the grain bin until June 1, 2022. For the investor Buyer there are several tenant opportunities in the area.

More property pictures and maps below.

Call or text Duane McClain, Listing Broker for more information or to schedule a tour of this property at 308.530.0221


LOCATION:

Farm is located on Avenue 80 in southwestern Logan County about 5 miles southwest of Stapleton, NE.

 
LEGAL DESCRIPTION:

SW1/4 Section 17 and NW1/4 Section 20 - T17N – R28W of the 6th P.M., Logan County, Nebraska

FSA BASE INFORMATION:

Farm is enrolled in PLC with the following acreage & yields:

  • Corn: 260.40 acres 164 bushel yield

  • Soybeans: 22.60 acres 27 bushel yield

 

PRICE

$1,550,000 SOLD & CLOSED 1.14.22

ACRES

321.77 taxed accessed acres

TAXES

2020 taxes paid in 2021 are estimated to be $9,121.96

AERIAL PROPERTY & INFORMATIONAL MAPS

Click on an image to view at full size.


INTERACTIVE AREA MAP