640 Acres in Nekoma, KS - $1,184,000

Section of productive cropland & pasture that is turn-key ready for the farmer looking to add to an existing operation or an investor looking to add to their portfolio. Consisting of mostly Harney Silt Loam 1-3 percent slope Class (2e) soils the cropland has good proven yield history. Crops grown on the property and in the area include Wheat, Milo, Millet, or Corn. Currently, all of the tillable acreage is in a crop rotation and is subject to tenant rights under a written 1/3 owner 2/3 tenant crop-share lease though 2027. There are 74.8 acres of pasture with a decent size pond and newer submersible electric water well. Pasture has been rented for $15 per acre though 2027. Power is run to the property offering tons of possible opportunities. For additional annual income there is a hunting lease paying $2,500 yearly. The property has well maintained county road frontage on multiple sides and is in a great farming area. FSA information is available upon request. Mineral Rights are negotiable with a current active mineral development lease in place. Please contact the local Land Professional for questions or to schedule a showing.

- Legal Description (SEC5 T20S R19W)

- Mostly Prime Tillable Cropland

- Crop-Share Lease with Annual Income

- Pasture with Multiple Water Sources & Income

- $2,500 Annual Hunting Lease Income

- Active Mineral Development Lease

- County Road Frontage on Multiple Sides

When purchasing a property listed by Great Plains Land Company, a Buyer's Broker, if applicable, must be identified on first contact and present at the initial showing of the property to participate in a real estate commission. If these conditions are not met, compensation if any will be at the sole discretion of Great Plains Land Company.