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Richard Dawson
Richard Dawson
Nebraska Land & Cattle Agency
Available

705+/- ACRES 2 TRACTS Deeded

Somerset Road, North Platte, Nebraska 69101 - Lincoln County
$2,537,000 705.50 Acres
Property ID 1152839

Description

C & D IRRIGATED FARM

705.5 +/- Acres

Lincoln County Nebraska

SIZE: 705.5 +/- deeded acres in two tracts. Four center pivot systems irrigate 574 acres with re- maining acres in native grass and tree shelter belts. *Note: Irrigated acreage may vary from maps with end gun usage.

LOCATION: 20 miles south of North Platte I-80 exit on Highway 83, then west 6 miles on Highway 23, then north one mile on Somerset Road to the southeast corner of the North Tract. (Refer to plat map page.)

South Tract is two miles south lying south of Highway 23.

IMPROVEMENTS: In addition to the irrigation development the farm has mature tree shelter belts, one stock well in NE1/4 SW1/4, Section 8 and a 3500 bu GSI grain storage bin with air floor, fan, and unloading auger in southwest corner of the North Tract on north side of Nelson Road.

LINCOLN COUNTY FARM SERVICE AGENCY DATA: Direct Yield CC Yield

Corn 111 151

Soybeans 49 41

IRRIGATION DEVELOPMENT: All wells have electric drive pivot systems, generators, flow meters, diesel power units, and fuel tanks.

SOUTH TRACT:

Pivot #1: South of Highway 23 primarily in NE1/4 of Section 19.

Access is by newly constructed field road with survey and easement in SE1/4 of Section 18 south of Highway 23.

Well Registration #G-116692 (See well page for details.)

Certified Irrigated Acres: 152.1 Zimmatic Pivot System, Case Diesel Power Unit, 100 hp Gearhead

NORTH TRACT:

Pivot #2: Primarily in SE1/4 of Section 8.

Well Registration #G-066354

Certified Irrigated Acres: 139.9

10 Tower Valley Pivot System Model 071, John Deere 6-cylinder Turbo Diesel Power Unit, Amarillo 100 hp Gearhead

Pivot #3: Primarily in NE1/4 of Section 8.

Well Registration #G-091683

Certified Irrigated Acres: 145

11 Tower Reinke Pivot System Model 65, Detroit Diesel Power Unit, Amarillo 100 hp Gearhead

Pivot #4: New Irrigation Development in 2011. Primarily in SE1/4 of Section 5.

Well Registration #G-156074. Valley Pivot System. new in spring, 2011.

Certified Irrigated Acres: 130 Reconditioned Isuzo Diesel Engine, 2011.

MIDDLE REPUBLICAN NATURAL RESOURCE DISTRICT (MRNRD)

All perspective Buyers are encouraged to perform their due diligence by reviewing the Integrated

Water Management Plan at the MRNRD office or online

Total Certified Acres = 567 acres (Refer to well page in brochure)

In simple terms, each well is allotted a total of 60 inches (base allocation) of water per certified acre over a 5 year period. The new 5 year period is for 2013-2017 crop years. From the previous 5 year period, the farm has carry over water of 7.48 inches per certified irrigated acre which would give the farm an adjusted base allocation of 67.48 inches per certified irrigated acre. 2013 has been designated as a Compact Call Year. The hard cap 2013 allocation per recently adopted rules and r regulations will be 18% of the adjusted base allocation or 12.14 inches per certified irrigated acre.

SOIL TYPES:

Majority is Valent sand, rolling with 5% being Valentine loamy fine sand.

2012 REAL ESTATE TAXES: $9,066.64 ($12.85 per acre)

OFFERING PRICE: $3,187,500 REDUCED 2,537,000

LISTING AGENT: RICHARD DAWSON, BROKER

MOBILE: (308) 325-0839

Disclaimer: Information on the sale property has been gathered from sources deemed reliable, but Nebraska Land & Cattle Agency Inc. or agents thereof make no guarantees as to the accuracy. Buyers (or their agents) are expected to personally inspect the proper-ty, perform their own due diligence, and arrive at their own decisions as to purchase. Seller(s) reserve the right to refuse any or all offers submitted. All real estate agents not licensed with Nebraska Land & Cattle Agency Inc. shall be agents of the Buyer.

The Wellfleet Irrigated Farm is a highly productive operation with good equipment, water and access.

There is an excellent tenant in place. 2012-2014 crop years lease at $225 per irrigated acre. Payable all on April 1st of each year.

The farm has several mature tree shelter belts plus a grove of hardwood trees in the northeast corner. The trees and grass corners offer very good winter protection for cattle grazing corn stocks as well has habitat for upland game birds and deer.

Richard Dawson, Broker

Tax Data (Show Tax Data)

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Richard Dawson

Nebraska Land & Cattle Agency

20 North Shore Drive 8
Johnson Lake, NE 68937

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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.