SOLD
(this property is no longer available)
Contact for Price   •   622.61 Acres

Morrill County, Nebraska Online Only Farmland Auction - Mark your calendars for Tuesday, November 21st at 5:00 PM CST/4:00 PM MST! Peoples Company is pleased to be representing the sale of 622.61 acres m/l near Broadwater, NE. The farms consist of 488.54 FSA cropland acres m/l with primary soil types consisting of Mitchell very fine sandy loam and Otero loaming very fine sand. Situated in the North Platte Natural Resource District (NRD), this farm currently consists of 362.21 cropland acres m/l of which approximately 112.52 acres are irrigated. This tract is improved through one well-maintained, 8-tower Valley center pivot located on the southern portion of the farm. The farm utilizes two wells including a 50 hp, 500 gpm Hitachi motor, and pump along with a 7.5 hp, 130 gpm Grundfos well pump. There is a current lease in place through December 15th, 2025. Please contact the Listing Agent for additional details. In addition, there are 126.33 acres m/l on the northwest corner of the farm enrolled into the Conservation Reserve Program (CRP) CP2 Program - Establishment of Permanent Native Grasses - paying $21,215/annually or $167.93 per acre through September 30th, 2030. This farm would make a great add-on to an existing farm operation or an excellent investment opportunity. The farm is located in Section Eight (8) of Broadwater Township in Morrill County, Nebraska. Exact legal description to be taken from Title Commitment. *This auction is being conducted in partnership with Cushman Wakefield/The Lund Company. Please contact Jim Hain for more information on this auction at 402.981.8831 or James.Hain@LundCo.com. Farm Lease Update: The new Buyer will have the option to assume the lease with the current tenant and receive the 2024 farm rent or the new Buyer may elect to buyout the current wheat crop and assume that wheat crop and possession of the farm immediately after closing. The cost to buyout the wheat crop is $58,257 and would be paid to the tenant at Closing. If the Buyer selects to buyout the growing wheat, it is the Buyer's responsibility to insure the growing crop, once possession is taken. Buyer will be responsible for certifying with the Morrill County FSA office as the owner/tenant after Closing.


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