158 Acres in Sylvan Grove, KS - $525,000

With grain prices reaching new all-time highs, coupled with the excellent income from a long-term wind energy lease, this property is precisely what an operator or investor is looking for. The total +/- 158.9 acre property consists of fertile cropland with class 2 & 3 soils, native and tame grass for haying, and two income-producing wind turbines. There are around 105 acres of cropland, +/- 75 acres of which are currently planted to winter wheat while the remaining cropland is sitting fallow. The +/- 43 acres of native grasses/waterways are an excellent candidate for haying, adding additional income for the property. The current farm agreement is currently structured as a ?-? crop share between the landowner and farm tenant, meaning the landowner receives ? of the farming proceeds. A long-term wind energy lease is currently in place through 2052, providing on average just under $14,000 of additional income each year. The wind energy lease, wind rights, and any wind royalties shall transfer to a Buyer at closing. Additionally, the mineral rights are believed to be intact and shall transfer to a Buyer at closing. With a great location, multiple streams of revenue, and hunting opportunities, the Wilson Wind & Farm Investment Tract provides many possibilities and options for long-term profits from wind, farm, and hunting leases for years to come.

Financials:

2021 Approximate Real Estate Taxes: $1,458.74

Average Net Crop/CRP Income (?-? Crop Share): $4,120/year

Average Net Wind Income: $13,930/year

Potential Hunting Lease: $1,500/year

3.5% return at list price

Attractions/Community:

Just 6 miles away lies Wilson Lake, a 9,000-acre body of water, within Wilson State Park which is known for its great fishing, hiking/biking trails, water recreation, wildlife, and hunting opportunities.  This area is a waterfowl hotspot and great hunting for deer, turkey, and upland birds. Wilson Lake is stocked with striped bass, walleye, blue/channel catfish, white bass, black bass, largemouth and spotted bass, crappie, bluegill, and white perch. It also offers RV hook-ups, cabins, and tenting locations for rent. 

The town of Wilson is less than a 10-minute drive from the property offering restaurants, local shops, and gas stations. Wilson is known for its Midland Railroad Hotel built-in 1898 which provides live entertainment, events, and traveling hospitality. 

Cheyenne Bottoms Wildlife Refuge and Quivira National Wildlife Refuge, two of the most crucial waterfowl migration points in North America, are both in close driving distance from the property.

Property Features:

+/-105 acres of tillable (Class 2 & 3 soils)

+/- 43 acres of native grasses/habitat & hay ground

10.14 acres enrolled in CRP – Expires 9/30/2031

Yearly Rainfall: 28?-30?

Two income-producing wind turbines

Potential to lease hunting rights 

Mineral rights believed to be intact and shall transfer to Buyer

Only 6 miles from Wilson Lake

RV hook-ups located at Wilson Lake

Maintained county roads border the North and East property lines

Electricity borders east property line

White-tailed Deer, Pheasant, Quail, Prairie Chickens, & Predators

Soils/Info:

64.05 acres of Harney-Wakeen complex, 3 to 7 percent slopes

43.72 acres of Harney silt loam, 1 to 3 percent slopes

30.11 acres of Nibson silt loam, 3 to 30 percent slopes

20.9 Armo loam, 3 to 7 percent slopes

For more information, see attached soil map

Please contact Connor Williams at 620-617-6300 with Hayden Outdoors Real Estate LLC for more information on this property or to schedule a private showing. (**Financial verification is required prior to showing – co-brokers welcome**)