Land For Sale!
These half sections of land are available for the first time in generations. New to the market, these farms are located close to one another. Three farms are located near the town of Lodgepole and would combine nicely with a current operation or as an investment property for your farmland portfolio. The other two farms are located east of Gurley and sit in close proximity to one another as well. These farms lay well and are currently in a three-crop rotation. Good soils and even better location along CR 46 hard top east of Gurley and CR 147 north of Lodgepole. Priced @ $2,036,556.00
Lands are currently under a 1/3-2/3 crop-share farm lease through 2025. The current tenant has the right to plant wheat in the fall of 2025 and harvest in the summer of 2026. Once the spring crop is harvested in the fall of 2025, full possession of the stubble and harvested spring crop fields goes to the buyer. Buyer will receive landlord's share of 2025 harvest crops.
*Tract 1: 12-14-47: N1/2 - 317.3 ac @ $1,300/ac - Price $412,490.00
Excellent access on the East and North borders. Located 3 miles north of the town of Lodgepole on CR 147 to the SE corner of said tract. This half section of dryland farm ground is currently in a three-crop rotation of fall, spring, and fallow strips. 307.30 Cropland acres with 154.06 Base acres of Wheat with a PLC yield of 39. This tract has Type 2, 3, and 4 soils. Currently has growing corn. Minerals are negotiable. The grain bin located on the property goes with the sale of the surface.
* Tract 2: 1-14-47: N1/2 - 309.25 ac @ $1,300/ac = $402,025.00
Located 4 miles north of Lodgepole on CR 147. Access on the East borders. This farm would fit well combined with Tracts 1 & 3. 307.25 Cropland acres and Base acres are 154.06 for Wheat with a PLC yield 39. Type 2 and 3 Soils. Currently has winter wheat stubble on a third of the tract which was harvested in July. Corn and fallow are also present. Minerals are negotiable.
* Tract 3: 25-15-14: W1/2 - CRP 323.16 ac @ $1,200/ac = $387,792.00
Located 6 miles north of Lodgepole on CR 147. Excellent access to the East and West borders. Base acres are 155.02 for Wheat with a PLC yield of 39. Type 2 and 3 Soils. There are 139.9 acres of cropland currently planted to winter wheat. The remaining ground is in 162.34 acres of CRP. The CRP contract expires on 9-30-2037 with a $40.96 per acre rental rate and an annual payment of $6,650.00. The contract is currently split 50/50 with the current Tenant. This property is surrounded by other CRP tracts with dense tree growth which holds plenty of wildlife such as mule deer, pheasants, and sharptail grouse. Minerals are negotiable. The grain bin located on the property sells with the surface.
* Tract 4: 29-16-47: W1/2 - 330.49 acre @ $1,300 = $429,637.00 - Tract 4 is PENDING
Located 12 miles east of the town of Gurley on CR 46 to the SW corner of said tract. This half section of dryland farm ground is currently in a three-crop rotation of fall, spring, and fallow strips. 326.50 Cropland acres with 167.62 Base acres of Wheat with a PLC yield of 39. This tract has Type 2, 3, and 4 soils. Currently has growing corn. Minerals are negotiable.
* Tract 5: 28-16-47: W1/2 = 311.24 acres @ $1,300 = $404,612.00 - Tract 5 is SOLD
This farm would combine well with Tract 4. Located 13 miles east of the town of Gurley on CR 46 and just 1/2 a mile from Tract 4. Excellent access on the south borders. 309.88 Cropland acres and the Base acres are 155.38 for Wheat with a PLC yield of 39. Type 2 and 3 Soils. Currently, corn is growing on a third of the tract. Minerals are negotiable.