160 ± Acre Land Auction, Lake Sinai Twp., Brookings County, SD

October 2, 2026 10:00 am

Brookings County, SD

Bid Online!

Directions

This farm is located from Sinai, SD, (corner of 216A St. & 458th Ave.) 1 mile west on 216A St. then 2 ½ miles south on 457th Ave.; or from Nunda, SD (corner of 2nd Ave. & 459th Ave.) 3 ½ miles north on 459th Ave. then 1 ½ miles west on 219th St.; or from Madison, SD 13 miles north on Hwy 81, then 3 miles east on 220th St., then ½ mile north on 457th Ave. The sale will be held live on-site at the farm, with online bidding available on day of sale.

Sold for $7,050 Per Acre or $1,128,000.00

Auctioneer Notes

This auction presents an excellent opportunity to purchase good farmland in Lake Sinai Township in southwestern Brookings County, South Dakota. Located just one-half mile north of the Lake County line, this property is situated in a highly regarded agricultural area with strong farming potential. Whether you’re looking to expand your current operation or add a quality land investment to your portfolio, this is an opportunity you won’t want to miss. No buyer’s premium!

Overview

This productive mixed-use farm carries a total soil rating of 76.3 per Surety AgriData on the tillable acres with a gently rolling topography. The cropland is made up primarily of quality Class II Poinsett-Buse-Waubay complex soils, along with Badger, Buse-Barnes and Poinsett-Waubay loams well suited to corn and soybean production. Per the FSA office the farm has 156.44 farmland acres with 117.26 DCP cropland acres, base acres of 50.16 corn and 54.49 soybeans, a corn PLC yield of 143 bu. and a soybean PLC yield of 46 bu. The balance of the farm has good recreational habitat potential with good tree cover and proximity to Lake Sinai, providing established waterfowl and whitetail habitat and strong recreational appeal. It is subject to a U.S. Fish & Wildlife wetland easement over all acres, which does not restrict cultivation of the tillable acres as conditions allow.

Description

NW ¼ of Sec. 34, T-109-N, R-52-W, Lake Sinai Twp., Brookings County, SD

Terms

A 10% non-refundable earnest money deposit due on day of sale; balance due on or before November 5, 2026. Closing fees & title insurance split 50/50 between buyer & sellers. The buyer will receive possession at closing, subject to any existing leases or tenant rights. The farm is currently leased with said lease expiring after the current 2026 crop year. The sellers will be responsible for the 2026 real estate taxes payable in 2027 with the new buyer(s) to be responsible for the 2027 real estate taxes and beyond. This property is sold subject to contracts, easements and restrictions, if any, and is sold subject to confirmation of owner. The farm is offered as is, where is, without warrantees or guarantees of any kind and sold by the acre per recorded deeded acres. The information contained herein and all statements made are believed accurate but not guaranteed. Statements made on the day of the sale take precedence over all previously written material. Sellers do not guarantee fences lie on the true boundaries. New fencing, if any, is, the buyer’s responsibility. The buyers are responsible for conducting their own due diligence for current or future uses and practices. Preliminary title work has been ordered and provided prior to the sale. The successful high bidder will execute purchase agreements and initiate earnest money after the sale. Buyers or sellers may elect to do a 1031 exchange. Burlage Peterson Auctioneers & Realtors, LLC represent the seller in this transaction.

Owner

Thompson Family Farm, LLC – Seller

Additional Information

LAND BROKERS & AUCTIONEERS Burlage Peterson Auctioneers & Realtors, LLC Auctioneers – Land Brokers – Realtors – Farm Managers Office@burlagepeterson.com or 605-692-7102 Brookings – Watertown – De Smet