Prime Irrigated Quarter in York County, Nebraska

40.71313621473273,-97.68297850376669|40.71314434702699,-97.67345129734579|40.705964297423854,-97.67347275501791|40.70594803108053,-97.68301069027487
Price: $2,208,000
Acreage: 160
County: York
State: Nebraska

Price Per Acre

$13,800.00 per acre

Property Description

This is a rare opportunity to own an irrigated quarter section in the highly desirable York County, Nebraska. This particular farm has been no-till and rotational crops for the last 10 years. The crops are irrigated with an 8-tower Reinke center pivot with a brand new US Motors 75HP electric motor installed this year. Well G-035930 is a 275-foot well pumping at 1207 GPM. The tenant in place has been farming for several years providing $325/acre cash rent with the potential to continue leasing. There is also a small pond and patch of timber tucked in the southwest corner of the property. Soil type consists of primarily Class I Hastings silt loam and Uly-Hobbs silt loams providing excellent yields.

For the investor, in 2021 there was a solar land lease put in place, providing additional income on the property. This lease pays out quarterly payments every year in the pre-operating period and if a solar farm is constructed, will pay out a very attractive amount resulting in over a 4% ROI.

For any additional information about this farm, please contact Adam Spitz at (402) 588-0607.

Property Features

  • Irrigated quarter section
  • Highly productive soils
  • High yields
  • Grain markets nearby
  • Brand new 75HP US Motors electric motor
  • Irrigation equipment sold with the farm
  • Farm and solar lease income
  • 4 miles to Lushton, NE
  • 12 miles to Henderson, NE
  • 2021 Taxes: $10,888.46

Property Address

0000 County Road I & 2, Lushton, NE