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Land sold by private treaty selling slowly

If land isn't selling at online auction, potential buyers are electing not to buy.

January 10, 2019

2 Min Read
Nebraska land sales
ONLINE SHOPPING: According to BigIron Realty, if land is offered through an online auction, buyers have been more willing to make a decision on whether or not to buy.

Offers for land selling by private treaty are coming in very slowly, if any are coming in. Land selling at online public auction and exposed to more people is selling for as much or more than it did a year ago. It seems if people have to make a decision on whether to buy, they will. But if not, they are electing to sit quiet.

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 Big Iron at 800-887-8625.

The following are several of the most recent sales.

Central

Hall County: Just over 75 acres sold at online auction for $486,562. This is a highly productive irrigated farm with good row crop soils. There are two wells on this farm: One runs the electric seven-tower Zimmatic pivot, and the other is used to gravity-irrigate the northwest corner. — Compliments of BigIron Realty

East

Merrick County: Close to 319 acres in Merrick County sold at online auction for $1,003,653. This farm offers warm- and cool-season grasses, and an electric Zimmatic pivot. The livestock water is provided by a working windmill. — Compliments of BigIron Realty

Butler County: Close to 156 acres sold at online auction for $639,313. This pivot-irrigated farm is conveniently located close to markets. The well is an all-electric, 60-hp motor that supplies water to a Reinke pivot. Also included are two grain bins holding 13,000 and 11,000 bushels. Both have fans, floors and 6-inch withdraw augers. — Compliments of BigIron Realty

Nance County: A total of 160 acres sold for $648,000. This dryland farm is near a gravel road 2 miles off Highway 22 northeast of Fullerton. There are 131 acres being farmed and nearly all of that land is flat. The balance is in trees and grass. — Compliments of BigIron Realty

Butler County: A total of 112 acres sold for $996,800. This gravity-irrigated farm is near Bellwood. — Compliments of BigIron Realty

Seward County: Just over 155 acres sold for $975,000. This property features a dairy facility, crop production and homes. The farm is permitted by the Department of Environmental Quality for 713 head of dairy cattle. — Compliments of BigIron Realty

 

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