940± ACRES IRRIGATED & DRYLAND - WALLACE CO., KS

$3,000,000.00
1420 W. 4th St.
Colby, Kansas
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Posted 3 days, 11 hours ago
Expires in 3 days, 12 hours
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Description

LOCATION: From I-70 Exit 1 SE of Kanorado, go 15 miles south on Road 3 to the property.  SIGNS WILL BE POSTED!!

CROPS: Tenant will retain 100% of the 2024 corn crop under the cash lease agreement and Sellers will retain 100% of the cash lease payment. Buyer will reimburse tenant for all input costs on the 2025 wheat crop and receive 100% of the crop.

POSSESSION:  After fall harvest on the acres planted to 2024 corn, and date of closing on all open acres and acres planted to 2025 wheat. Buyer will reimburse the current tenant for any expenses on the open acres.

FSA INFORMATION:    IRRIGATED ACRES:              481.43

                                           DRYLAND ACRES:                 448.59 

                                           GRASS ACRES:                          7.26±

 

                                   BASE                  YIELD

WHEAT                     412.79                    40

CORN                         411.62                   132

All future FSA payments will follow the crops and will be paid pursuant to FSA regulations.

MINERAL RIGHTS: All of the Seller’s interest will transfer to the Buyer at closing.

REAL ESTATE TAXES:  Taxes for 2024 will be prorated to the date of closing.  (2023 taxes = $13,119.22)

PRICE:  $3,000,000

FARM & RANCH REALTY, INC.

CORY BUSSE, LISTING AGENT

785-332-8345

DONALD L. HAZLETT, BROKER

1-800-247-7863

www.farmandranchrealty.com

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