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Larry Kokel and Ron Leps
TexAg Real Estate Services, Inc.
Available

Dublin Sod Farm

$4,250,000 511.11 Acres
Property ID 3699080

Description

LOCATION:

The Dublin Sod Farm is located between Dublin and De Leon off of Hwy 6 on County Road 470.

LEGAL & MINERALS:

See attached Exhibit A. Transfer of minerals is not offered at listed price.

TAXES:

2016 taxes Approximately $5,031.50. Taxes are estimated based on exemptions for 2016.

UTILITIES:

The shop and office are supplied by well water and septic.

FLOOD PLAIN:

Floodplain map is provided for property in Erath County, but data is not available in Comanche County (note this is an estimate only).

IMPROVEMENTS: The shop is 80 feet long and 60 feet wide with an awning in the back that is 50 feet long and 20 feet wide. In addition, there is office space of 12 feet long and 60 feet wide that contains 2 offices, 1 kitchen, and 2 bathrooms all downstairs. Upstairs, there are 3 bedrooms and 1 bathroom.

The farm has 9 pivots:

Number Brand Span

1 Lockwood 7

2 Zimmatic 6

3 Zimmatic 3

4 Zimmatic 4

5 Zimmatic 4

6 Zimmatic 4

7 Zimmatic 6

8 Zimmatic 3

9 Zimmatic 4

IMPROVEMENTS (CONTINUED): The pivots are 10-11 years of age with the Lockwood being older. The farm has the ability to run 8 pivots at one time - #7 being the only one that has to be operated separately. The pivots are all electric. There are 42 wells that are an average of 60 to 150 feet deep. The wells are all electric. The wells pump into 5 earthen holding tanks that are all lined and have floating pumps. The wells are then connected to the pivots throughout the farm. The farm is in the Middle Trinity Groundwater Conservation District (254-965-6705). The wells are grandfathered in and can pump to historic levels for irrigation usage. The equipment to be transferred in the sale is contained in Exhibit D.

COMMENTS:

The farm has 348.44 acres in sod production note Exhibit B. The data in Exhibit B is for 2016. The farm has a number of qualities needed in sod production. First, it is in an area that offers mainly a sandy loam type of soil. Second, the water source has been strong and reliable. Third, the climate is conducive to grow grass rapidly and somewhat pest free. Fourth, the location offers a geographic area not served by many other farms and is close to major markets.

The farm has and is being maintained/operated as a producing unit.

PRICE: $4,250,000.00

COMMISSION: 3% to Buyers Broker provided Broker is identified by prospective Buyer at first showing.

Tax Data (Show Tax Data)

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Larry Kokel and Ron Leps

TexAg Real Estate Services, Inc.

404 West 9th Street, Suite 201
Georgetown, TX 78626

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    NOTE: The information contained herein is provided as general information only and has been obtained from sources deemed reliable. It is provided without any guaranty, warranty or representation, expressed or implied, made by Lands of America, or any related entity, as to the accuracy or completeness of the information. The information is presented subject to errors, omissions, change of price or conditions, prior sale or withdrawal without notice. Prospective purchasers should make their own investigations, projections and conclusions concerning the information.