75.47 Acres in Falls City, NE

Prime Tillable Farm With Oil Lease In Richardson Co, NE

Live and Online at Ranchandfarmauctions.com

Auction Date: 11-20-2023 Auction Time: 1:30 PM

Auction Location: Falls City Elks Club, 1417 Stone St, Falls City, NE 68355

Entire Farm Description:

Selling Absolute: Here is a unique opportunity on this exceptional property, located just 2.5 miles from the town of Falls City, Nebraska. Situated in an area known for its rich agricultural heritage, this farm offers a blend of prime tillable acreage and potential oil income, making it a valuable investment.

With excellent proximity to Highway 73, this property provides easy access to major transportation routes, simplifying the logistics of farm operations. County road access on two sides of the farm further enhances convenience Boasting gently rolling topography, this farm showcases predominantly Aksarben and Zook silty clay loam soils.

One of the standout features of this property is the presence o...

One of the standout features of this property is the presence of two oil wells on-site and one adjacent contributing well. These wells are currently under lease, offering an additional source of income for the property owner. For more information on the oil lease and income potential, please contact an agent who can provide detailed insights.

Don't miss this unique opportunity to acquire a high-percentage tillable acreage farm with the added benefit of an existing oil lease. Whether you're an investor, farmer, or looking to diversify your portfolio, this property holds great promise. Contact our agents today to explore the full potential of this property and secure your stake in this prime piece of Nebraska land.

Details:

Tract #: 1

Deeded acres: 75.47

FSA Farmland Acres: 75.36

Soil Types: Aksarben & Zook silty clay loam

Soil PI/NCCPI/CSR2: NCCPI 76.2

CRP Acres/payment: NA

Taxes: $4,281.90

Lease Status: Expires Feb 2024

Possession: Open for 2024

Survey needed?: No

Brief Legal: W1/2NW1/4 S27 T2N R16E Richardson County, Nebraska

PIDs: 740011197

Lat/Lon: 40.1127, -95.6128

Property Features:

- Bidders may participate in the auction on-site or online at Ranchandfarmauctions.com

- Onsite bidders should bring a government-issued ID

- 10% down payment immediately after auction - cash, personal, or business checks accepted

- If the winning bid is online, you will be immediately contacted to make arrangements for the 10% down payment and a purchase contract will be sent via DocuSign

- High bidder has 30 days to close unless otherwise noted

- Announcements on auction day will take precedence over any prior announcements

- This is a no contingency sale and is not subject to financing or additional inspections

- Possession at closing, subject to tenant’s rights, if any

- If a survey is needed it will be done following the auction and the total purchase price will be adjusted to the surveyed acres

- All information provided is derived from sources believed correct but is not guaranteed or warranted - Bidders shall rely entirely on their own information and judgments

- About 2.5 miles from Falls City, Nebraska

- Excellent proximity to Highway 73

- High percentage tillable acre farm

- County road access to two sides of the farm

- Gently rolling topography

- Primarily Aksarben and Zook silty clay loam soils

- Two oil wells on the property and one adjacent contributing well

- Current oil lease (Operator: Buckeye West, LLC)

- Contact agents for more information on the oil lease/income