SOUTHWEST NEBRASKA IRRIGATED

INVESTMENT FARM

This farm is an income producing commercial farm in the highly sought- after Pleasant Valley Township of Dundy County in Southwest Nebraska, between Benkelman and Imperial. Pleasant Valley is a long-time farming area where the land is better with soils capable of exceeding area averages. The farm comprises of 7 quarters of pivot irrigated cropland with exceptional soil and water characteristics. Each pivot has 3 phase power and a well for each one of the 7 GPS enhanced pivots. The farm has historically been operated for no-tillage soybean and corn rotation. The farm is adequately improved, and one quarter has a home, shop, and grain bin storage. This farm has a great long term cash rental contract. The marketing of grain in the area is competitive, as one of the largest feed lots in the country is close by and offers excellent basis. This farm is a high-quality irrigated farm located in a desirablefarming area. Each pivot has its own well and equipped with three-phase electric motors. The farm has excellent water resources and produces above average yields. Commercial farms of this quality are highly sought after and rarely come to market. The farm is priced according to comparable sales in the area and has above average improvements. 

THE PROPERTY: 1,118.36+/- deeded acres in Dundy County, Nebraska The farm consists of seven pivot irrigated quarter sections plus improvements & grass corners. The farm Headquarters is located approximately 12 miles northwest of Benkelman.  A detailed  description of each tract in the property brochure attached to this listing in "Documents".

MINERAL RIGHTS: Seller owns mineral rights on 565 acres. All seller owned mineral rights will be conveyed to Buyer. There is a producing well but the Seller has no mineral rights or royality payments on this tract. 

FARM SERVICE AGENCY (FSA):  The farm was operated in combination with other farms. Exact numbers may very slightly. Total Cropland Acres = 937 Corn Base = 890 PLC Yield = 160

ADDITIONAL INFORMATION: The pivot systems have under gone numerous upgrades and repairs including several with new tires. One well pump has been rebuilt. The farm is in a ground water management area regulared by the Upper Republican National Resources District (NRD). Prospective buyers are encouraged to contact the NRD in Imperial, Nebraska (888) 883-9056. Detailed information available at NRD website.

LANDLORD’S POSSESSION: The farm in selling subject to current lease. 2026 crop year will be year two of a seven year lease. Flex Lease Terms: $259,000 payable April 1 each year. If December corn futures hit $6.00/bu, the lease is increased $100 per irrigated acre. If December corn hits $7.00/bu the lease is increased and additional $100 per irrigated acre.

1031 TAX DEFERRED EXCHANGE: The sale is conditional upon Seller conducting an IRS Section 1031 Tax Deferred Exchange.

REAL ESTATE TAXES: 2025 Real Estate Taxes: $22,339.06 ($18.97/acre)

OFFERING PRICE: $6,800,000 

LISTING AGENTS REPRESENTING THE SELLER:   

Richard Dawson, Broker/Owner     Mobile: 3080325-0839     Emai:  richard@agteamland.com

Nicholas Zerr, Agent/Auction Manager/Farm Specialist   Mobile: 785-673-6424  Email:  nick@agteamland.com   

The property information has been obtained from sources deemed reliable. AgTeam Land Brokers, LLC, is not responsible for errors or omissions. All boundary lines on all maps are for illustrative purposes only and are not a guarantee of precise property boundaries. All prospective Buyers are encouraged to perform their own property due diligence.