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.