Sloan AgLand

Cheyenne County Farm

N1/2 Sec 18-16-48

300 tax assessed acres 8-1/2 miles southeast of Dalton, Nebraska on Road 125.  Download the brochure on red button below to get maps.

  
FSA Info: 292.03 acres enrolled in the Conservation Reserve Program (CRP) until September 30, 2020.  The annual CRP payment is $10,259.


Return on Investment (ROI): Annual payments of $10,259 x 3 years (2018, 2019, 2020) = $30,777 less real estate taxes of $6,402 ($2,134 x 3 years) = $24,375 or 9.3% net return to 9-30-2020 or 4.65% annual return.    


Cheyenne County Assessor Info: 292.03 CRP acres; 5.72 grass acres; 2 acres roads.  No improvements.


2018 Real Estate Taxes: $1,957.38.


Soils: 44.6% Class II Duroc, Keith and Kuma loams; 55.3% Class III & IV Jayem fine sandy loam.


Legal Description: N1/2 Section 18-T16N-R48W of the 6th P.M., Cheyenne County, Nebraska.


Asking Price reduced to $247,500 = $825/acre.


Listing Agent: Jerry Sloan - (308) 631-5520; Emai
l: Jerry@SloanAgLand.com.


Comments: This property is in a good farming community and surrounded by producing farms.  With a soil SRPG rating of 50.8 and NCCPI for small grains rating of 29.4, this farm can go right back in to production following CRP expiration.