• Sold

Gruber Farm

Irrigated Cropland Ranch & Pasture Land
Includes Communications Tower Lease Elwood, Nebraska 353.32 acres View Brochure

Description:

A total of 353.32 surveyed acres. The farm consists of gravity irrigated cropland with dry crop and range. The farm also contains a communication tower lease which is located on a 10,000 sq. ft. tract whereby this communication tower currently generates income to the owner via a long-term land lease agreement.

Location:

Northwest of the community of Elwood, Nebraska with access provided by State Highway 23.

LIST PRICE

Farmland $1,024,500
Cellular Tower Lease $229,000

LAND USE

58.00 acres Gravity Irrigated Cropland
295.00 acres Rangeland
Communications Tower Site
0.32 acres Roads & Waste

TAXES

2024 Estimated Real Estate Taxes $4,182

COMMUNICATIONS TOWER

Provides the property owner with a current rental of $1,058 per month with escalation clauses through 2040. (Contact Agri Affiliates for a copy of the Land Lease Agreement)

IRRIGATION WELL INFORMATION

North Well
Well Registration G-053066
Completion Date 09/15/1976 @ 1,200gpm
Well Depth 380’
Static Water Level 265’
Pumping Level 285’
Column 9”
Equipment 50hp electric submersible with control panel

South Well
Well Registration G-176103
Completion Date 04/07/2015 @ 850gpm
Well Depth 360’
Static Water Level 210’
Pumping Level 228’
Column 6”
Equipment 75hp electric submersible with control panel
The farm is located in the Tri-Basin Natural Resources District and has a total of 59.00 certified irrigated acres.

FSA INFORMATION

Total Cropland: Approximately 116.80 acres*
Base Acres:
Wheat 2.95 acres w/ PLC Yield of 40 bushels per acre
Corn 82.07 acres w/ PLC Yield of 181 bushels per acre
Grain Sorghum 0.36 acres w/ PLC Yield of 77 bushels per acre
Soybeans 5.54 acres w/ PLC Yield of 52 bushels per acre
All cropland is considered non-highly erodible by the NRCS.
(* Final cropland acres to be determined by the Farm Service Agency)

SOILS SUMMARY

Cropland soils consist primarily of Class I and III Holdrege, Hall, and Uly silt loams with slopes of 0-7%. Rangeland soils consist primarily of Uly and Coly silt loams with slopes of 6-30%, along with lesser amounts of Coly, Uly, and Hobbs silt loams with slopes of 3-60% and Holdrege and Uly silt loams with slopes of 3-7%.

Property Maps

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Agri Affiliates welcomes the opportunity to work with outside Brokers representing buyers; however, when purchasing a property listed by Agri Affiliates, a buyer’s Broker, must be identified on first contact, must be present at the initial showing of the property, and must actively participate in the writing of offers. If any of these conditions are not met, buyer’s Broker compensation, if any, will be at the sole discretion of Agri Affiliates.

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