0000 28th Rd , Vermillion, KS 66544(Marshall County)

Located in southeast Marshall County, between Frankfort and Centralia and just south of 9 Highway, sits this beautiful combination production farm. The property consists of roughly 35 +/- acres in tillable production producing $250/acre annually with a reputable tenant consisting primarily of Class II Pawnee clay loam soils. The last 4 years of yields are as follows: 2019 beans 50 bpa, 2020 corn 162 bpa, 2021 beans 63 bpa, and 2022 corn 206 bpa. There are an additional 25 +/- acres of virgin native ground currently in hay production consisting of both Class II Pawnee clay loam and Class IV Steinauer-Shelby clay loam soils. At the price of $640,000, the seller is including the bulldozer work needed to build terraces, which have already been surveyed by Bob Fisher out of Marysville, to get this ground in production. The cost of pipe and risers for tiling will be at the cost of the buyer. This will result in roughly 60 +/- acres of productive tillable. With road frontage on the west side, the terrain rolls gently to the main north/south running draw, which includes beautiful native cover as well as a pond. The view on this farm is top notch with incredible build sites to complement the view. Electricity is available on Tumbleweed Rd a mile north of the property and rural water is available at the road. Per Marshall County rural water district 3, a feasibility study will be required before a meter is approved. Deer sign was prevalent in the draws both in the middle of the farm and on the east end of the farm. The legal is N2 SW4 of 15-4-10. This piece of ground provides an outstanding opportunity for the investor looking at an inflation hedge with a return in a great location or the current operator looking to expand their operation. For maps, disclosures, 156EZ form, or to schedule a showing call Joey Purpura at (785) 831-3045.

Property Features

-80 +/- acres

-Just south of Vermillion

-35 +/- acres in tillable production

-Yields: 2019 beans 50 bpa, 2020 corn 162 bpa, 2021 beans 63 bpa, and 2022 corn 206 bpa

-25 +/- acres virgin native currently being hayed

-$250/acre cash rent on tillable

-$640,000 price is including bulldozer work by seller to terrace additional 25 +/- acres, this does not include the cost of pipe and risers which will be on the buyer

-Dirt work surveying completed by Bob Fisher

-Pond

-Beautiful build sites

-Electricity available on Tumbleweed Rd to the north

-Rural water available at the road, with a feasibility study needed before approval of meter

-Deer sign throughout

-N2 SW4 of 15-4-10

-2022 taxes were $670.20

-Great opportunity for investment or expansion

-Quality area

-Just west of the Marshall/Nemaha county line

-5 minutes from Vermillion

-28 minutes from Seneca

-33 minutes from Marysville