Wheat Land Opportunity

320 Acres +/-

2 – Quarter Sections

Producing Gas Wells

Productive Cheyenne County Land

Located: 11 miles East and 1 1/2 miles North of Gurley Nebraska.

This is one of our best wheat producing areas. This table is highly regarded by wheat producers and harvesters.

 

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This land carries a 38 bu. direct yield with FSA. This is only a hint as to the capability of this land. The current tenant is on a 1/3 to Landowner and 2/3 to the Tenant. The land is farmed in a rotation that allows 100 acres currently planted to wheat, 100 acres to be planted to a spring crop and 100 acres of summer fallow. The tenant will have rights to plant 100 acres to wheat for the 2009 crop year. The Buyer may continue this relationship if desired.

It is very seldom that you are able to buy with the land producing minerals.

The Mineral Royalty Income has averaged $8,858.64 over the last five years.

 

Real Estate Taxes: $1,728.00 (2007)

 

Asking Price $416,000.00  (Call for price without minerals.)

 

 

 

 

 

 

 

 

 

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