320 Acres in Lenora, KS - $800,000
Fertile Tillable Half Section In NW Kansas
Tillable farms like this one are not lasting long in today’s land market, so you better act fast on this one! This half section in Northwest Kansas features over 311 acres of productive, tillable cropland, which in recent years has raised corn, wheat, and milo for the landowner and tenant. This farm is currently under a 1/3-2/3 crop share arrangement and with grain prices high, this farm should be an excellent income producer for the new owner in 2022.There is an excellent farm tenant is already in place if you are looking to purchase this farm as an investment property. If you are looking to expand your farming operation by purchasing this land, you will take possession of all acres upon the harvest of the 2022 corn crop.All of the Seller’s mineral rights will transfer to the Buyer, making this an even more appealing investment opportunity. This area also offers great deer and upland bi...
Tillable farms like this one are not lasting long in today’s land market, so you better act fast on this one! This half section in Northwest Kansas features over 311 acres of productive, tillable cropland, which in recent years has raised corn, wheat, and milo for the landowner and tenant. This farm is currently under a 1/3-2/3 crop share arrangement and with grain prices high, this farm should be an excellent income producer for the new owner in 2022.There is an excellent farm tenant is already in place if you are looking to purchase this farm as an investment property. If you are looking to expand your farming operation by purchasing this land, you will take possession of all acres upon the harvest of the 2022 corn crop.All of the Seller’s mineral rights will transfer to the Buyer, making this an even more appealing investment opportunity. This area also offers great deer and upland bird hunting opportunities. The current owner has enjoyed many greats hunts on this farm.Contact listing agents Adam Hann and Mitch Keeley today to discuss this excellent tillable farm!
Property Features:
- Located 10 +/- miles SW of Lenora, KS
- 7 +/- miles north of Morland, KS
- Approximately 311 acres of productive cropland currently being farmed in thirds
- 1/3rd wheat stubble, 1/3rd corn stalk, 1/3rd wheat
- Currently on a crop share arrangement. Landowner receives 1/3rd of all crops produced from the farm and is responsible for 1/3rd of the cost of fertilizer and chemical
- Buyer will take full possession of all acres upon harvest of the tenant’s 2022 corn crop in the fall of 2022. No wheat is to be planted on the property in the fall of 2022, unless Buyer is agreeable
- Notable Soil Types: 190.44 acres of Uly silt loams; 91.90 acres of Holdrege silt loams, 1-3% slope; 31.36 acres of Coly silt loams
- Seller owns 50% of the mineral rights. The remaining 50% interest in the mineral rights will revert back to the surface owner in 2029. All of the Sellers mineral rights will transfer to the Buyer upon closing
- Legal Description: N/2 of Section 12, Township 12 South, Range 25 West in Graham County, KS
- 4.5 +/- hours from Denver, CO; 1 +/- hour from Hays, KS
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