Farm Ground For Sale Along Hwy 281
Reduced
Media
Summary
Property
- Type
- Farms
- Road Frontage
- State Highway
- Road Surface
- Pavement
Land Details
- Tillable
Features/Improvements
- Seller's Mineral Rights Convey
Description
PRICE REDUCED! Located on the Russel/Barton County line along Highway 281, we have 73.77 acres of high-class farm ground for sale. This property is nearly 100% farm ground with approximately 68 acres currently planted to a milo crop. 5 acres of land sit across the highway to the east in a pie-shaped piece. The small tract of land is not being farmed and can be converted into whatever the new owner desires. The property is currently under a farm lease with a tenant paying in cash rent annually. Call one of the listing agents to get the exact cash rent amounts. A new buyer will gain possession of the property once the 2024 wheat crop is harvested. Wheat, soybeans, and milo are the dominant crops within this area, and you can expect an average rainfall to fall between 22 - 24 inches annually. One oil well and a saltwater disposal well exist on the property. A small portion of oil revenue will be included with this sale, with 50% of the mineral rights being intact and transferring (.0625 Interest). This is a great opportunity to purchase a very flat lying tract of farm ground with great access along Highway 281. Please call the listing agent, Mitch Keeley and Adam Hann, if you have more questions about the property before it sells.
Details
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Located along Hwy 281 on the Russell/Barton County line
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Nearly 100% cropland with very flat contour and high-class soils
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68 acres is currently planted to milo.
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5 acres is idle ground with immediate possession on the east side of the highway
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1 oil well and 1 saltwater disposal well exist on the property
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50% of the mineral rights will transfer to a new buyer
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Possession on milo acres will fall after 2024 harvest
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A cash rental agreement is in place with Seller and Tenant
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Northwest 230 Road borders this property along the south side
Other
Coordinates
38.6987, -98.85293
The information contained herein is deemed reliable but is not warranted or guaranteed by the Broker, its Agents, or the Seller. Access to property, access to utilities, or any measurements including but not limited to, acreage, square footage, frontage, and mapping boundary lines shared herein has not been independently verified and is for purposes of marketing only. If exact measurements, access to property, or access to utilities is a concern, the property should be independently measured or investigated by the prospective buyer.
COOPERATING BROKER COMPENSATION: Please contact Listing Agent/Broker for terms of cooperating Buyer Broker compensation. Terms of compensation, if any, shall be ascertained by cooperating brokers before beginning efforts to accept the offer of cooperation. Buyer’s Agents/Brokers must be identified, by Buyers and/or their Brokers/Agents, on the first contact with Listing Broker/Agents to receive compensation. Otherwise, compensation will be at the sole discretion of the Seller, Broker, and Whitetail Properties Real Estate, LLC.
Real Estate Commissions and Cooperating Broker Compensation, if any, are fully negotiable and is not fixed or controlled by law, by Whitetail Properties Real Estate, LLC (or any division/trade name/DBA of), or its Agents/Brokers.
