Peoria Flats Irrigated Organic Property
This rich almost totally flat farmland along the Missouri River in the Peoria Flats area north of Pierre South Dakota has been certified as organic farm property, has approximately 220 acres of newly installed underground drip irrigation and includes another 53 acres of dryland farm and grass acres, in two separate tracts, both with a spectacular view of the peacefulness majestic Oahe Lake. In addition to amazing productivity, these 2 tracts for a total of 280 deeded acres are currently the home and habitat of deer, pheasant, grouse and so much more, all within the flyway of the Canada geese.
UTILITIES: Mid Dakota Rural Water and Oahe Electric service is close or approved on adjoining property making utilities very feasible if desired by the purchaser.
TAXES: 2024 taxes payable in 2025 are $2,437.30
BROKER COMMENTS: Drip irrigation systems provide 90% plus water efficiency directl...
BROKER COMMENTS: Drip irrigation systems provide 90% plus water efficiency directly to crop roots making drip irrigation much more efficient than other kinds of irrigation systems and the installation of the drip irrigation system on this property was completed in 2023 so the system has many years of low maintenance operation. Mix this with organic certification and the purchaser receives higher yields, higher commodity prices, the ability claim $2,000.00 to $2,500.00 per acre of the purchase price as depreciable improvements, all resulting in higher net profits and an extremely enticing investment.
Sellers preference is to rent back this real estate from the purchaser on a cash basis with seller covering all costs or to develop a share crop agreement with the purchaser.
Property of this quality likely cant be found in South Dakota and provides the buyer with untouched investment potential.
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Property is located in Peoria Township 20 miles north of Pierre, SD and only a few miles off South Dakota Highway 1804. Access is by mile of a very accessible section line off 200th Street, a well maintained Hughes County gravel road.
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