Farm Progress

Buyers show interest in farmland

Stock Realty and Auction Co. reports listed farms are selling, showing buyers are still interested in farmland.

September 7, 2017

2 Min Read
BUYERS INTERESTED: According to Stock Realty and Auction Co., farms that are listed are selling, indicating land is attractive option for buyers. Marketing time is 90 days to sell a farm that is priced right.

Interest in land is still good. Stock Realty and Auction Co. reports it is selling farms that are listed. Corn prices are low, but cattle prices are better. Marketing time is 90 days to sell a farm that is priced right.

Stock Realty and Auction Co., St. Edward, a licensed real estate broker in eight states, compiles the reports for this column, but not all sales are handled by Stock each month. Contact Stock at 800-WE-SELL8. The following are several of the most recent sales.

East

Nance County: 320 acres sold at private treaty for $704,000. This property is a combination parcel with about 108 acres of pasture and wooded area, 124.69 acres of expired Conservation Reserve Program land and 12.7 acres enrolled in CRP. There is a spring-fed creek that runs through the property. — Compliments of Stock Realty & Auction Co.

Douglas County: 106.95 acres sold at auction for $1.8 million. This was a prime lakefront development property in West Omaha, including a 59-acre lake offering private fishing, hunting and boating. — Compliments of Farmers National Co.

East and Southeast

Lancaster and Otoe counties: 506.34 acres sold at auction for $2.5 million. This includes 186.34 acres in Lancaster County — a row crop farm with a few trees. This land is 91% tillable with Class II and III soils. A rolling dryland farm on 320 acres in Otoe County includes a small pond with large trees providing wildlife habitat. — Compliments of Farmers National Co.

Southeast

Gage County: 114.99 acres sold for $248,000. This farm consists of gently rolling pasture and hayland with a small pond. — Compliments of UFarm Real Estate

South

Kearney County: 79.99 acres sold for $550.000. This farm is irrigated cropland. The water is provided by surface water through the Central Nebraska Public Power and Irrigation District. The farm, located in the Tri-Basin Natural Resources District, is being irrigated by open ditch and siphon tubes. — Compliments of UFarm Real Estate

Harlan County: 160 acres sold for $721,000. This is a combination farm with 99 acres pivot-irrigated cropland, 9 acres of dryland and the balance in pasture. — Compliments of UFarm Real Estate

 

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