Peoria Flats Irrigated Organic Property
Hughes County, Pierre, SD
200 Acres
$2,500,000
Hughes County, SD Property for Sale
Featuring level ground with rich soils, this farm ground is located along the Missouri River in the Peoria Flats area north of Pierre, South Dakota. This property has been certified as organic farmland. Overlooking a spectacular view of the peacefulness of majestic Lake Oahe, approximately 147 acres have newly installed underground drip irrigation and includes another 53 acres of dryland farm and grassland. In addition to amazing productivity, this 200-acres tract is currently the home and habitat of deer, pheasant, grouse and so much more, all within the flyway of the Canada geese.
Property of this quality likely can’t be found in South Dakota and provides the buyer with untouched investment potential.
Broker's Comments
Drip irrigation systems provide 90% plus water efficiency directly to crop roots making drip irrigation much more efficient than other kinds of irrigation systems and the installation of the drip irrigation system on this property was completed in 2023 so the system has many years of low maintenance operation. Mix this with organic certification and the purchaser receives higher yields, higher commodity prices, the ability claim part of the purchase price as depreciable improvements, all resulting in higher net profits and an extremely enticing investment.
Seller’s preference is to rent back this real estate from the purchaser at $45,000.00 per year with seller covering all costs or to develop a share crop agreement with the purchaser.
Property of this quality likely can’t be found in South Dakota and provides the buyer with untouched investment potential.
Location & Directions
Property is located in Peoria Township 20 miles north of Pierre, SD and only a few miles off South Dakota Highway 1804.
Locale
Pierre is the Capitol city of the state of South Dakota, and the area leader in business and finance influenced significantly by the area’s agricultural industry. Located on the Missouri River, it is just a few miles from the geographical center of North America. Hughes County holds a uniquely rich agricultural heritage in both farming and ranching. Lying just 30 minutes north of Interstate 90, the city has convenient access to the rest of the state. It is centrally located approximately three hours from Rapid City, SD, Sioux Falls, SD and Bismarck, ND. It is just two hours from the Badlands and three from Mt. Rushmore. There is a regional airport providing air travel to the area. Pierre also provides excellent educational opportunities and offers a large variety of entertainment, hunting, fishing, golf, rodeos and many other outdoor recreational activities. Lake Oahe, Oahe Dam and Lake Sharpe provide year-round fishing opportunities.
Access
Access is by ½ mile of a very accessible section line off 200th Street, a well maintained Hughes County gravel road.
Utilities
Mid Dakota Rural Water and Oahe Electric service is close or approved on adjoining property making utilities very feasible if desired by the purchaser.
Wildlife
In addition to amazing productivity, this 200–acres tract is currently the home and habitat of deer, pheasant, grouse and so much more, all within the flyway of the Canada geese.
Taxes
2023 taxes payable in 2024 are approximately $1,499.66
Legal Description
E½NE¼ & SW¼NE¼ 24-112-81 as well as W½NW¼ 19-112-80 Hughes County South Dakota, 200 +/- acres.
The information provided by Hewitt Land Company has been obtained from sources deemed to be reliable, but is not guaranteed or warranted by Hewitt Land Company or the sellers of these properties. It is the responsibility of the prospective buyer to independently confirm the accuracy and completeness of this information. Prospective buyers and advisors are encouraged to do their own due diligence in regard to tax, financial and legal matters, and to determine the suitability of a specific property to the buyer's needs. This offering is subject to errors, omissions, prior sale, price change, correction or withdrawal from the market without notice. All references are approximate. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. Sellers reserve the right to accept or reject any and all offers without liability to any buyer or cooperating broker. Fences may or may not be located along property borders.