Land selling on BigIron's online platform is exceeding sellers' expectations by 10% to 15%, according to BigIron Realty. Land advertised for 60 days then selling online brings the most return, often with more than 100 bids from dozens of bidders.
BigIron reports there is cautious optimism in the air, with talk of a new trade deal between the U.S. and China. Currently, the average time required to market a farm is between 60 and 80 days.
BigIron Realty of Columbus, Neb., a licensed real estate broker in eight states, compiles the reports for this column, but not all sales are handled by BigIron each month. Contact BigIron at 800-887-8625. The following are several of the most recent sales:
Dixon County. A total of 320 acres sold by sealed bid for $2,235,000. These were two nice-laying quarters. Tract 1 includes 136.74 acres of cropland, seven bins and a small amount of pasture. Tract 2 includes 152.14 acres of cropland, an acreage that consists of a nice home and a couple of buildings that are in fair-to-good shape. — Compliments of Farmers National Co.
Hamilton County. Two tracts were sold at online auction for $823,982. Tract 1, containing 78.48 acres, is an irrigated parcel with some of the most desirable soils in the state, and it is a highly productive farm. Tract 2, containing 37.9 acres, is a productive dryland farm with great access. — Compliments of BigIron Realty
Saunders County. A total of 145.31 acres sold for $675,691. This is a productive dryland farm with excellent access. The property contains 81.3 acres of crop ground and 56.54 acres of Conservation Reserve Program ground. — Compliments of United Farm & Ranch Management
York County. A total of 116.16 acres sold for $730,000. This farm is pivot irrigated with excellent soils. It has a seven-tower Valley pivot with a 50-horsepower submersible well. — Compliments of BigIron Realty
Holt County. A total of 160 acres sold for $288,000. It has high-quality subirrigated pasture, with 65 acres historically used for hay production, and a strong carrying capacity pasture and meadow combination with a windmill for water. — Compliments of Farmers National Co.