PRICE REDUCED! Here's a highly tillable Loess Hills farm that generated $28,800 in combined lease income for 2022. The farm is located 6 ½ miles Southeast of Oregon, ½ mile east of Blacktop U, on the south side of county road Holt 325. It’s made up of 157.57 +/- taxable acres, with FSA Records indicating 128.27 acres of DCP Cropland, comprised mostly of highly productive Marshall and Knox tillable soils, with the balance in prime hunting habitat. Grass-backed terraces are throughout the property, with tiling in some key areas. The current farm lease pays $25,000 annual cash rent, and the current farmer has indicated a strong interest in staying on after the 2023 crop season if a new owner chooses. Hunting rights have been leased in recent years for $3,800 annually, with the hunting tenant expressing a willingness to renew. The property is not currently tied-up in a hunting lease, and a new owner will have full possession of hunting rights upon closing. The farm adjoins Monkey Mountain Conservation Area and is less than 14 miles from Loess Bluffs National Wildlife Refuge (formerly Squaw Creek) presenting hunting opportunities for deer, turkeys, upland birds, and migratory waterfowl. Situated just 1/2 mile from blacktop, with utilities at the road, this farm could also make for a scenic build site. Contact Land Specialist Jason Patterson with questions or to schedule a showing.
ROI greater than 3.58% at list price, based on combined income of $28,800 from current crop lease, and potential hunting lease
Crop land currently rents for $25,000 for 2023
Hunting rights previously rented for $3,800 annually, with previous tenant interested in renewing for fall 2023
Adjoins Monkey Mountain Conservation Area
Tillable soils include high productive Marshall, as well as Knox soils
Impressive Loess Hills terrain
Situated on a good gravel road, about 1/2 to blacktop, with utilities along the road
The information contained herein is deemed reliable but is not warranted or guaranteed by the Broker, its Agents, or the Seller. Access to property, access to utilities, or any measurements including but not limited to, acreage, square footage, frontage, and mapping boundary lines shared herein has not been independently verified and is for purposes of marketing only. If exact measurements, access to property, or access to utilities is a concern, the property should be independently measured or investigated by the prospective buyer.
Buyer’s agents must be identified on the first contact with Broker/Agents and must accompany the buyer on showings to receive full fee participation. Otherwise, the fee participation will be at the sole discretion of the Broker and Whitetail Properties Real Estate, LLC.