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TBD 300th Ave, Nekoma, KS 67559

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For Sale

$1,148,800

640 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Farm/Ranch
    Property type

  • 640 acres
    Lot size

Explore this Property

Section of productive cropland & pasture that is turn-key ready for the farmer looking to add to an existing operation or an investor looking to add to their portfolio. Consisting of mostly Harney Silt Loam 1-3 percent slope Class (2e) soils the cropland has good proven yield history. Crops grown on the property and in the area include Wheat, Milo, Millet, or Corn. Currently, all of the tillable acreage is cash leased under a 3 year flex cash lease agreement (12 times the price of corn based on the higher revenue insurance spring or harvest price with the minimum of $4.00). There are 74.8 acres of pasture with a decent size pond and newer submersible electric water well. Pasture has been leased for $20 per acre. Power is run to the property offering tons of possible opportunities. For additional annual income there is a hunting lease paying $2,500 yearly. The property has well maintained county road frontage on multiple sides and is in a great farming area. FSA information is available upon request. Mineral Rights are negotiable with a current active mineral development lease in place. Please contact the local Land Professional for questions or to schedule a showing. - Legal Description (SEC5 T20S R19W) - Mostly Prime Cropland - Flex Cash Lease Agreement on Tillable Acres - Pasture with Multiple Water Sources - $2,500 Annual Hunting Lease Income - Active Mineral Development Lease -County Road Frontage on Multiple Sides When purchasing a property listed by GreatPlai
MLS# 11402484

Courtesy Of Great Plains Land Company, LLC

daniel@greatplains.land

Property Features

  • Architecture Style
    Other
  • Lot Size
    640 Acres

Map and Directions

Directions to TBD 300th Ave, Nekoma, KS 67559

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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