Eustis, NE 69028 , Eustis, NE 69028(Dawson County)

The Dawson County Irrigated Farm is a great piece of prime farm ground in a highly desirable area. This property is in the Central Platte Natural Resources District, and currently enjoys no water restrictions. This piece is almost entirely Class 1 and 2 soils with Holdrege silt loam as the dominant soil type. The property is best covered by two wiper pivots, as installed. The pivots are older Olson electric pivots that have been well-maintained and are included in the sale. They have recently been refurbished with new gear boxes and drive motors, and tires have been replaced as needed. There is one 150hp motor that runs both pivots. There are 145 Certified Irrigated Acres allocated to this property. Static water is at 264 ft, and the pumping depth is 420 ft. This farm is not formally rented for the 2023 growing season, but if planting time comes and the property is not yet sold, the tenant that has been farming will go ahead and plant. The Owner’s share of the crop will be prorated to the date of sale. The tenant will stay on another year if desired by the new owner. Closing date of sale will be subject to Seller identifying appropriate replacement property for 1031 Exchange. Acres Dryland: 10.00 Irrigated:145.18 Roads/waste:33.45 Total: 188.63 Income Potential $250 per acre cash on 145 irrigated acres: $36,250 $180 cash lease on 10 acres of dryland: $1,800 Estimated Costs Pivot Insurance: $4,000 Repairs and Maint.: $2,500 Taxes: $6,064 $12,564 estimated costs Net Income: $25,486 Well Information Reg.# G-035082 Legal Description TRACT IN E1/2 (188.63A) (28-9-24) (INCLUDES 7.77A TRACT IN NE1/4 NE1/4 33-9-24) Taxes:$6,064.88 Address:Eustis, NE 69028 County:Dawson