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156 Acre Tillable Investment

Located southwest of Dorrance, Kansas in Russell County, this quarter of ground provides an outstanding opportunity for investment and appreciation. The property consists of 149.9 dry land tillable acres, 5.7 acres of native grass in a waterway, and an old home site. 75% of the soils are made up of class II Harney silt loam and crete silt loam with a minimal slope. The land has not been farmed for the last 2 years, but the tenant has paid the $5,000 cash rent both of those years. He plans to plant a crop for the 2021 season, so possession of the tillable will not be given until after harvest. There is one active oil well, a tank battery, and a saltwater disposal system on the property. It is believed that the seller owns 1/3 of the mineral rights and they will pass to the buyer. The total mineral related income for the sellers' 1/3 in 2020 was about $2,845.97. This piece has excellent ac...

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Directions

From Dorrance: Head south on Golden Belt Ave. for 3.8 miles. Turn west onto 200th Blvd./Lincoln Rd. Then turn south onto 195th St./Beaver Rd. and the property is on the west side of the road.

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Contact Seller
Midwest Land Group

Manhattan, KS

(785) 831-3045