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Absolute Land Auction | June 21, 2022 at 1:00 pm | Lincoln County Fairgrounds, North Platte, Nebraska

  • Commercial
    Development
    Irrigated Cropland

Auction Date: June 21, 2022 at 1:00 pm CDT
Auction Location: Lincoln County Fairgrounds - North Platte, Nebraska
Notice: NEW - ABSOLUTE LAND AUCTION!
Description: 43 Acres of Prime Development Land in North Platte, Nebraska!
Location:

SW corner of property is at the intersection of E. Philip Ave. and S Bicentennial Ave. in North Platte, NE.

Terms:

Real Estate Absolute Auction subject to Court Approval. The Purchase Agreement and Title Insurance Commitment are available from Agri Affiliates prior to the auction.

This cash sale requires a 15% earnest deposit at signing of the Purchase Agreement immediately following the Auction. The balance of the purchase price is payable in certified funds at Closing, on or about July 20th, 2022, subject to Court Approval. There is no contingency for financing. Sellers to convey title by Warranty Deed; with Title Insurance evidencing merchantable title. Cost of Title Insurance and an Insured Closing by the Title Company will be shared 50/50 by Seller/Buyer. Property sells subject to easements, rights-of-way, zoning, and restrictions of record; Free and clear of all liens. The property sells in “as is, where is” condition; No warranty is expressed or implied as to the adequacy of any portion of the property. Auction conducted as a Absolute Auction subject to Court Approval.

Legal Description:

PT.S1/2NW1/4 Section 2-T13N-R30W of the 6th P.M., Lincoln County, NE

Acres: 43.13
Possession: Upon Closing
Taxes: Seller to pay 2021 real estate taxes. 2022 Real Estate Taxes shall be prorated to the date of closing. Buyer to pay all subsequent years taxes.
Acreages:

No warranty is expressed or implied as to exact acres included in the parcel. Legal description is subject to existing fence and field boundaries.

Seller: DDM Land Management, LLC
Taxes:

2021 RE Taxes due in 2022: $2,509.74; Occupation Taxes: $298.35

Zoning:

Approximately the North 2/3 of the property is zoned R-3 and the remaining 1/3 of the property is zoned I-1.

Water Rights:

NE Well Reg #G-176537 drilled in 1973. 45.9 certified irrigated acres in the Twin Platte NRD.

Irrigation Equipment:

2, 4-tower overlapping Gifford-Hill pivots @ 521ft each; pivots nozzled for approximately 400 GPM. 40 HP U.S. Electrical Motor , and all other irrigation equipment attached to the real estate.

Soils:

Cropland soils consist primarily of Class III Silver Creek & Lawet silt loams.

Comments:

LOCATION, LOCATION, LOCATION!!! DON’T MISS THIS INVESTMENT OPPORTUNITY! Currently pivot irrigated cropland in alfalfa production. This property is in a prime location with zoning in place for housing complex and industrial development, considering its location relative to the proposed Sustainable Beef plant and other industrial development already there. Great access with paved roads along the west and south sides of the property.