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Details about the Land
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| County: Sherman |
Type: Acreage |
Acres: 4960 |
| Address: |
City: Goodland |
State: Kansas |
| Zip: |
Price:
$6,300,000.00 |
Status: Available |
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Description of the Land
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Comprising some of the finest dry cropland in western Kansas, this farm consists of 4,960 contiguous acres. This area is widely sought after for its grain production capability. The area shows its prosperity very well and its testament is the dozens of top-quality area farmers that compete for land lease/ownership. This farm is located southwest of Goodland, Kansas on Road 57 in Sherman County. Please contact listing broker for further information on the legal description, location and showing instructions.
ACERAGE:
There are 4960 +/- acres. This farm consist of 4408 acres of farmland with the remainder 552 acres consisting of CRP.
SOILS:
The soils are very uniform and primarily Class 1 and 2, with the majority of this farm consisting of Keith silt loam, Ulysses silt loam and Colby silt loam soils. Please see the attached soils plat.
PRODUCTION:
This is a highly productive area with many avenues of grain to choose from. Common crops grown range from corn, wheat, milo, hay and sunflowers. With markets for all of the commodities in very close proximity, marketing the production is very reliable and efficient.
RECREATION & WILDLIFE: The wildlife in this area range from pheasants, whitetail deer, mule deer and coyotes.
SUMMARY: The Kansas Cropland is a highly productive farm. The seller is willing to enter into a long term-leaseback, making it perfect for an investor who desires a reasonable rate of return backed by a deed to quality farmland. Long term appreciation of farmland has a defined trend line – sloping upward to the left. A risk consideration involves irrigation water declines in certain large farming areas thereby creating un-quantified risk; dry land crop production lacks that risk, making it a safer bet. While slightly less cash return is generated, depreciation of equipment and depletion of water aquifers do not have to be quantified and accounted for thereby justifying the risk/return ratio. Modern farming practices like “no-til”, “one trip”, “chem-fallow”, etc. have been a boon to farming and particularly to the good producing areas by lowering input costs along with improved production. An opportunity to purchase a choice, contiguous property in this area is a rare opportunity.
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Agriculture and Farming
Agricultural Uses
Aquaculture
CRP
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Row Crop Potential Usage
Corn
Hay
Sunflowers
Wheat
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NOTE: The information contained herein is provided as general information only and has been obtained from sources deemed reliable. It is provided without any guaranty, warranty or representation, expressed or implied, made by LandsofAmerica.com, LLC, or any related entity, as to the accuracy or completeness of the information. The information is presented subject to errors, omissions, change of price or conditions, prior sale or withdrawal without notice. Prospective purchasers should make their own investigations, projections and conclusions concerning the information.
