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Wallace Pivot

$950,000
  • Irrigated Cropland

Notice: Sold - $850,000
Description: 160 Acres Pivot Irrigated Cropland near Wallace in Lincoln County, Nebraska
Location:

From Wallace, Nebraska travel 4 miles north on N. Wallace Road to W. Swanson Road then west 1/2 mile to the southern boundary of property.

Legal Description:

SW1/4 Section 22-T11N-R34W of the 6th PM, Lincoln County, NE

Acres: 160
Taxes:

2021 RE taxes payable in 2022: $5,392.86; Occupation Taxes for 2021 - $1,352.00

Water:

NE Well Reg: #G-068236, 135.2 certified irrigated acres. Remaining Allocation: 27.73 inches thru 2022

Irrigation Equipment:

1982 Valley 8-tower pivot and 60 HP electric motor.

FSA Information:

141 Cropland Acres; Corn base 141 ac. at 156 bu/ac PLC yield

Possession:

Current farm lease expiring February 28, 2023

Price: $950,000
Comments:

Farm sells with a great Cash Lease in place and proven tenants that would enjoy the opportunity to continue farming in the future years.