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SW Lincoln Farm

$199,000
  • Range/Pastureland

Notice: UNDER CONTRACT!
Description: 160 acres north of Wallace, Nebraska. Currently used for hay production and grazing but would be eligible for development to organic crop production or to a rural acreage homestead.
Location:

From Wallace, Nebraska, travel north 7.5 miles North on S. Hwy 25 to W 7Mile Road, then 3 miles west to S. Parker Rd. to the northeast corner of the property.

Legal Description:

NE1/4 Section 8-T11N-R34W of the 6th P.M., Lincoln County, NE

Acres: 160
Taxes: 2020 taxes payable in 2021 - $973.32
FSA Information:

59.6 acres of Wheat base @ 34 bushels/acre. Since the CRP contract expired previously, the land has been hayed or grazed.

Land Use:

This property is currently used for hay production and grazing. The farm would be eligible for development to organic crop production, or to a rural acreage homestead. Located in the TPNRD the farm could possibly be developed to irrigation with the correct CIAs and approval of the TPNRD.

Price: $199,000
Comments:

This property has county road access on 2 sides, is close to S. Hwy 25, and is located in a strong farming and ranching community. The electric fencing is owned by the current tenant. Livestock water has been provided by an electric submersible well located on an adjoining property with a lease for livestock water available. Possession is subject to a verbal lease through February, 28, 2022.