Stuart, NE 68780 - Holt County

Located in Holt and Rock counties in North Central Nebraska, there are 2560 +/- acres of irrigated cropland. Traditionally growing corn and soybeans, these farms, with unrestricted irrigation and their location with ease of access, will make expanding your operation an easy decision.

Split into two parcels. Parcel 1 in Holt County, two miles North of Stuart, consists of 1280+/- flat to slightly rolling acres, with 1052 irrigated by 8-2013 Valley Center Pivots and 8 Natural Gas Power units.

Parcel 2 is located in Rock County North and East of Bassett and consists of  1280+/- flat to slightly rolling acres, with 1043 of these acres being irrigated by 8-2005 Valley Center Pivots and electric well motors. There are also 6 submersible wells, which gives it a total of 14 wells.

With each irrigation well pumping between 700 and 900 gallons per minute, you always have adequate water to irrigate at all times of the growing season. Being located in the Upper Elkhorn Natural Resource District, there are no restrictions on pumping or irrigation.

The sellers will put $30,000.00 towards improvements on the farms made by the purchaser within the first 6 months of closing. Funds will be held in escrow and paid as improvements are made in order to allow the new owner to make this farm his own and set it up how he best sees fit.

Taxes: Holt County: $38,137.00

Rock County: $27,019.00

Total: $65,156.00

Key Features:

1. Situated as 2 Contiguous Parcels over the top of the Ogallala Aquifer
2. 16 Valley Center Pivots
3. 8 Electric Well Motors
4. 8 Natural Gas Power Units
5. Unrestricted Water and Irrigation
6. Low Taxes
7. Nicely located along county-maintained roads
8. Great Access
9. Close to many end users and located in the heart of cattle country.
10. Sellers will put $30,000.00 towards improvements on the farms made by the purchaser within the first 6 months of closing. Funds will be held in escrow and paid as improvements are made.

Income Potential: The income on this farm has been conservatively estimated at $500,000.00 per year. At an estimated cash rent of $230.00 per irrigated acre, income on the irrigated acres of this farm will be 481,850.00. There is also income potential on the dryland acres with hay production and farming valued at $18,150.00.