Triple G Farm group #2

$1,921,891
Available

Property Details

ID: 83756
Status: Available
Price: $1,921,891
Acres: 455.32
Price Per Acre: $4,221
Type: Farms, Hunting Land
Address: tbd
City, State: Hemingford, Nebraska
County: Box Butte
Zip Code: 69348
Presented By: Jeff Garrett

Description

This listing is a portion of a larger farm offering.  The price stated is for parcels #6-#8 only.  Group 2 includes 356.11+/- acres of irrigated land and 99.21+/- acres of dryland, resulting in a total of 455.32+/- acres.  The entire farm is being offered for sale for $7,400,000 (seven million four hundred thousand dollars).

 

THE FARM
Triple G Farms is located just minutes from Hemingford, NE, in the panhandle of Nebraska where the roots of agriculture
run deep in the highly productive soil. This irrigated farm consists of eleven center pivot systems in three convenient
parcels and has historically produced corn, wheat, soybeans and alfalfa. The farm is centrally located close to several
markets and feedlots providing stability to the local grain markets.
With a total of 1,653.36± acres, this farm boasts 1,376± adjudicated irrigated acres under eleven center pivots.
Irrigated farms in the area routinely produce 200 bu corn, 100 bu wheat, and 40 bu beans.
*Acreage counts are believed to be accurate but have not been verified by a professional survey. Yields can vary due to weather conditions and
management practices. Potential buyers are advised to consult their experts to make their own analysis.

IMPROVEMENTS
The irrigation equipment includes seven Reinke 8 tower pivots and four Zimmatic 7 tower machines, ensuring a highly efficient and productive operation. This gives the farm a total of twelve pivots.  There are two 25 k/bu bins with drying floors, four 7500 bu bins, and one 9000 bu bin, all in usable condition. There is a total of eleven irrigation wells with all of the wells in each block tied together to offer a greater flexibility in your water
management plan.

WATER
This farm is within the Upper Niobrara White Irrigation District, which is headquartered out of Chadron Nebraska. The farm is allocated 65 acre inches per five year allocation period with a maximum carry forward of 32.5” from the previous period. The current allocation period runs from January 1, 2025 through December 31, 2029. There is ample allocation remaining for the remainder of the current allocation period.  Triple G Farms sits on top of the Ogalala Aquifer, which provides a significant advantage for irrigation and water management. The Ogalala Aquifer is a massive underground reservoir that spans across several states, including Nebraska.  This aquifer is one of the largest sources of fresh water in the world and is a vital resource for  agriculture operations in the region. It ensures a reliable source of water, which is essential for crop production, and provides a competitive advantage in
the agriculture industry. With access to this abundant source of water, the farm has the potential to produce high yields of quality crops for years to come. Remaining allocations for each parcel can be found on page seven of this brochure. 

*Any and all permitted and adjudicated water rights associated with the property, which the Sellers own, shall be transferred to the Buyer upon a
fully funded closing.

 

Showing Instructions: Schedule with listing agent, Jeff Garrett 308-672-6334

Additional Details

Additional Info

Wildlife: Big Game, Geese, Mule Deer, Pheasants, Small Game
Rights: Mineral, Water
Improvements: Grain Bin, Irrigation System
Crops: Beans, Hay, Potatoes, Soybean, Sunflower Seed, Wheat
Road Type: Gravel
Road Frontage: County Road
Current Use: Agricultural

Financial

Listing Terms: 1031 Exchange, Cash, Conventional
Taxes (annually): $8,134
Tax Year: 2024
Legal Description:

Parcel #6-        18 26 50 PT NE1/4 18-26-50 137.11 ACRES  Parcel ID: 070097402

Parcel #7-        18 26 50 SE1/4 18-26-50 158.89 ACRES  Parcel ID: 070143102

Parcel #8-        19 26 50 NE1/4 19-26-50 159.32 ACRES  Parcel ID: 070097283

 1     1.     Acreage and Survey: Acreage counts are believed to be accurate but have not been verified by a professional survey. All acreage counts were obtained from the County Assessors website. The property is being sold by legal description and the acreage amount stated for the property is approximate. Buyers are welcome to             have a survey of the property at their expense as part of their due diligence process.

 2.      Soil Types and Crop Production: Buyer is advised to consult with the Farm Service Agency and any other appropriate agencies regarding the soil types on the property and the kinds of crops and the amount of production that may be grown on and realized from the property.

 3.     Reassessment of the Property: Buyer acknowledges that the property may be reassessed for real estate tax purposes after the Buyer purchases the property. Such reassessment may result in higher real estate taxes.

Jeff Garrett
Jeff Garrett
Agent

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