1,098 Deeded Acres + 97 Lease Acres | $1,375,000
An attractive piece of concentrated farmland with exceptionally productive soils, level topography, good access and convenient location. This, along with the benefit of a lease of an additional 97 acres, makes this an affordable and practical farmland investment.
The property consists of 1098.40 acres of highly productive deeded crop land plus an additional 97+/- acres Platted Leased acreage owned by Canadian Pacific Rail Co. The annual cost on the lease is $27/acre.
Access to the property is provided via Lower Spring Creek Rd., which adjoins the property for 3.5 miles, approximately 6 miles off SD Hwy 44 approximately 30 miles east of Rapid City, SD.
The property consists of tabletop farmland on the bluff above the Cheyenne River. The soils are comprised of Santana Loam, Santana-Beckton, Nunn-Beckton and Nunn Loam, mostly Class III soils with productivity ratings from mostly 61 to 86.
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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.