Productive Acreage Near Petersburg, ND
Live and Online
01/24/2023 at 10:00 AM
Center for Innovation, Ideal Lab Room
4200 James Ray Drive
Grand Forks, ND 58202
North Dakota dirt ready for a new owner. This field is currently being leased out for farming. The contract is for $77/acre but if the new owner wants to go in a different direction they will end their contract. There are approximately 100+/- acres being farmed already. This would be a great addition to somebody's established farm or an excellent investment opportunity to add to your portfolio.
Details:
Deeded acres: 160 deeded acres
FSA Farmland Acres: 155.91 FSA acres
DCP Cropland Acres: 155.91 FSA acres
Soil Types: Balaton-Wyard loams, Barnes-Sioux complex, Barnes-Buse loams, Hamerly-Tonka complex
Soil PI/NCCPI/CSR2: NCCPI 51.7
Base acres and Yield: Wheat base acres 58.34/PLC yield 51, Corn base acres 16.88/PLC yield 116, Soybeans Base 60.61/PLC yield 30
CRP Acres/paymen...
CRP Acres/payment: No CRP
Taxes: 1176.00
Lease Status: Open Tenancy for 2023 crop year
Possession: Immediate possession subject to current tenants rights for 2022
Survey needed: No survey needed
Brief Legal: NW S33 T151N R57W
PIDs: 1000000147000
Lat/Lon: 47.8568, -97.9625
Zip Code: 58212
Property Features:
- Bidders may participate in the auction on-site or online at Ranchandfarmauctions.com
- Onsite bidders should bring a government-issued ID
- 10% down payment immediately after auction - cash, personal, or business checks accepted
- If the winning bid is online, you will be immediately contacted to make arrangements for the 10% down payment and a purchase contract will be sent via DocuSign
- High bidder has 30 days to close unless otherwise noted
- Announcements on auction day will take precedence over any prior announcements
- This is a no contingency sale and is not subject to financing or additional inspections
- Possession at closing, subject to tenant’s rights, if any
- If a survey is needed it will be done following the auction and the total purchase price will be adjusted to the surveyed acres
- All information provided is derived from sources believed correct but is not guaranteed or warranted - Bidders shall rely entirely on their own information and judgments
- Current rental agreement is $77 per acre farmed
- Decent access
- Great investment opportunity
- Already being farmed
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