Stuart, NE 68949

Property Detail

Stuart, NE 68949

Stuart, NE 68949 - Rock and Holt

Listing Courtesy of: American Legacy Land Co.

Farms Hunting Land Ranches

Active

$13,250,000

2560 acres

For Sale

Listing Date: 09/03/2024

Northern Nebraska Pivots
Located in Holt and Rock Counties in North Central Nebraska are 2560 +/- acres of irrigated crop land. 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 of those 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 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. Giving 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

Call Nick Wells (308)991-9544 or Bryan North (308)325-2858 for more information.

Lot Description
Acreage
Pasture
Some Trees
Current Use
Agriculture
Minerals Information
Oil and Gas
Water
Number of Wells

22

Property Tax Exemption

No

Street/Utilities Information
Dirt
No City Services

Mortgage Options
Conventional Mortgage

Agricultural Uses
Irrigation
Row Crop
Livestock Type(s)
Cattle
Horses
Tillable Acres

2560-2095 Irrigated

Row Crop Type(s)
Alfalfa
Corn
Hay
Soy

Legal Address

STUART TWP; NW 1/4 24-31-16 160 AC Holt County STUART TWP; NE 1/4 24-31-16 160 AC Holt County STUART TWP; S 1/2 24-31-16 320 AC. Holt County STU... See more

STUART TWP; NW 1/4 24-31-16 160 AC Holt County STUART TWP; NE 1/4 24-31-16 160 AC Holt County STUART TWP; S 1/2 24-31-16 320 AC. Holt County STUART TWP; S 1/2 23-31-16 320 AC Holt County STUART TWP; NE 1/4 13-31-16 160 AC Holt County STUART TWP; SE 1/4 12-31-16 160 AC. Holt County Section 8-31-18 ALL 640 AC Rock County Section 17-31-18 ALL 640 AC Rock County See less

Directions
Parcel #1 From Stuart go two miles North on 467th Avenue
Parcel #2 From Bassett Go north on Hwy 7 4 miles then turn east on 885th Rd. and go 4
miles. The property will be on the North side of the road.