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North Dakota Farms - Ranches - Land
Real Estate For Sale
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Great investment opportunity on this diversified
640 acre section in a productive area with good rainfall. Soybeans grew on the 430 acres
of cropland last year with the balance in pasture & wetland. It is also located near
the Lonetree Wildlife Management Refuge providing excellent hunting. Next to the Wells
County line with good access from Hwy. 3, the pasture has a submersible well and new
fences, with balance as wetland. Good renter thru 2010. Sellers asking $480,000. or
average $750/ac. Location: From the Junctions of Hwys. 3 and 200 at Hurdsfield, travel north 8 miles to 10th St. NE, then west 5 miles to the NE corner of the land. - or - From Goodrich, ND on Hwy. 200, travel north 1/2 mile where Hwy. 200 curves to the west. Continue north at the curve, on 29th Ave. NE. Travel north for 3 miles and turn E on 8th St. NE. Travel 2 miles then turn north on 22nd Ave. NE. Travel north one mile then east 1 mile to the SW corner of the property. (see map) Income: Farmland is leased at $38/acre or $15,960. thru 2010 with renewable agreement for 420 tillable acres, or you can farm it yourself. Crop history was '07 Wheat, '08 Barley, '09 Beans, '10 Wheat. Rotated to every 3rd year. Pasture can be rented for $2,100./year or $14/acre. PLOTS offers $1,423. additional income. Sellers said the PLOTS contract will be renewed for 2 years, but can be cancelled upon change of ownership if new owner prefers not to have it. Total annual income is $19,483. for 2010, and can be higher in 2011 if owner chooses to continue leases. Soils: Mostly Class III Barnes Buse Loam w/6-9% slope giving it an average PI of 59. Nice Buse Barnes loams but 9-15% slope lowers PI to 43. 71 acres w/same soil and 3-6% slope has 81 PI. These very deep, gently rolling, well drained soils are on till plains. Typically, the Barnes soil has a surface layer of black loam about 5 inches thick. Acreage Breakdown: 430 acres Tillable, 36.2 acres Hayland, 143 acres Grazing, 35.3 acres wetland and other. Bases & Yields: Wheat 126.2 base acres at 28 direct yield. Oats 1.1 base acres at 44 direct yield. Flax 2.6 base acres at 21 direct yield. Corn 2.4 base acres at 43 direct yield. Sunflowers 99.4 base acres at 782 direct yield. Barley 188.4 acres at 40 direct yield. Improvements: Real Estate Taxes: Taxes for 2009 were $2.34/acre Sellers Asking: $480,000. or $750/acre
Best access right now is to travel N on Hwy. 3
to 10th St. NE and then west for
Summer photos.
If you are interested in this property or have
questions, please contact Naomi Turner at natur@bektel.com
or call 701-475-2784 or toll free 800-728-7558. |
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