4,831 Acres in Gordon, NE - $8,500,000
Sheridan County Pivots, Drycrop and Range
This high quality farmland consists of 4,831 acres, and has multiple parcels located in Northern Sheridan County, Nebraska near the towns of Gordon, and Hay Springs. These parcels are located in the heart of the Ogallala Aquifer, the largest freshwater aquifer in the world. Most of the wells on this property pump 800+ gallons per minute. The pivots are all T&L pivots of the 2008 vintage. One of the pivots was new in 2014, and all pivots have electric motors. The majority of the property consists of drycrop land, which is all in excellent condition. These parcels are spread out, this provides a hedge for damage from one hail storm, and there is still excellent access to each tract. This area is predominantly farming country, and there are several farming families here. There are good tenants currently in place that live and farm throughout the area. Dont miss out on this opportun...
This high quality farmland consists of 4,831 acres, and has multiple parcels located in Northern Sheridan County, Nebraska near the towns of Gordon, and Hay Springs. These parcels are located in the heart of the Ogallala Aquifer, the largest freshwater aquifer in the world. Most of the wells on this property pump 800+ gallons per minute. The pivots are all T&L pivots of the 2008 vintage. One of the pivots was new in 2014, and all pivots have electric motors. The majority of the property consists of drycrop land, which is all in excellent condition. These parcels are spread out, this provides a hedge for damage from one hail storm, and there is still excellent access to each tract. This area is predominantly farming country, and there are several farming families here. There are good tenants currently in place that live and farm throughout the area. Dont miss out on this opportunity to own quality farmland with abundant ground water! Acres Drycrop: 2,930.38 Pivot Irrigated: 949.29 Range: 855.45 Waste: 57.00 Roads: 37.45 Improvements: 2.00 Total: 4,831.57 (Per Sheridan Cnty Assessor) Taxes – Estimated $50,514.58 Certified Irrigated Acres 955.65 as provided by the Upper Niobrara White NRD 810034719 = 165.3 acres 810038838 = 294.74 acres 810039036 = 133.06 acres 810039044 = 137.25 acres 810039427 = 119.8 acres 810127431 = 105.5 acres Equipment: 6 T&L Pivots, 5 were installed 2008, 1 installed in 2014, all electric motors, gearheads, and pumps Estimated Cash Lease Income 2,572.86 Dry Crop Acres @ $45.00 per=$115,778 860 Pivot Irrigated Acres @ $225.00 per=$193,500 486 Range Acres @ $33.00 per= $16,038 435.85 Grass pivot corners rent & 2021 corn stock rental = $46,650 Total Estimated Gross Income=$345,328 Estimated Expenses Pivot Insurance – $2,750 each=$13,750 Fencing Materials=$500 Real Estate Taxes=$50,514 Pivot Maintenance= $15,000 Total Estimated Expenses=$79,764 Net Estimated Income (3% ROI) $265,564 NOTE: There are also 128.75 acres of waste, roads, grass with no water, old home sites, and old grain bins. they are included in the total acres picture. Address: Gordon, NE 69343 and Hay Springs, NE 69347 County: Sheridan
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