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Duane McClain
Duane McClain
Nebraska Land Brokers LLC
Available

Paxton Non-Irrigated Farm

$549,000 278.57 Acres
Property ID 3249273

Description

LOCATION: Southwest of Paxton, NE on Road East L South. One mile north of Road East 40

LEGAL DESCRIPTION:

T13N R37W of the 6th P.M., Keith County, Nebraska,

Section 25: S1/2 less part of E1/2SE1/4

ACRES: Keith County Assessor indicates there are 278.57 taxed acres. There are 281.91 FSA Cropland acres.

TAXES: 2015 taxes payable in 2016 are $4,459.74

LAND USE: Non-Irrigated cropland with very good access with good county road on east boundary. Farm consists of 65% Class II Satanta & Kuma laoms and 26% Class III Satanta & Vetal loams. Farm does have some gentle roll to the terrain.

SUMMARY: This is a very nice farm in a competitive market area. The farm is offered for sale with an existing lease in place that ends February 28, 2019. The lease has been in place since 1994 with a very good tenant. The lease is a 1/3-2/3 share lease. Landlord receives 1/3 of the crop delivered to closest market. Landlord pays 1/3 of inputs for crop. As part of the lease the Tenant does have a Right To Match any and all offers. Copy of lease is available from Broker.

Agriculture and Farming

Agricultural Uses
Aquaculture
Row Crop

Number of Acres Tillable
281

Row Crop Potential Usage
Corn
Sorghum
Sunflowers
Wheat

Land

Game
Pheasant
Quail

Minerals - % Oil & Gas Owned
100

Minerals Available
Oil & Gas
Water
Wind

Property Type
Farm/Ranch

Surface Rights
All

Land Type
Crops

Minerals - % Water Owned
100

Present Use
Agriculture

Proposed Use
Agriculture

Topography
Rolling

Lot Description
Acreage
Irregular

Minerals - % Wind Owned
100

Property Tax Exemption
No

Road Frontage Desc
County
Gravel/Rock

Tax Data (Show Tax Data)

Contact Seller

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Duane McClain

Nebraska Land Brokers LLC

20099 North Hwy 83
North Platte, NE 69101

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