This auction presents an excellent opportunity to purchase 203.84 +/- acres that border the city limits of Brookings. From Wal Mart, Lowes & Runnings, the land is located North on 22nd Ave., ¼ of a mile North of the Hwy. 14 Bypass. There is access to the the farm from the Hwy. 14 Bypass.
Overview
203.84 +/- Acres - This farm presents an excellent opportunity for predominantly tillable parcel with 158.63 base acres enrolled in a corn & soybean rotation, and a reported 178.32 DCP cropland acres, all in accordance with the FSA Office. The farm contains a strong presence of Class I & II soils with a productivity rating of 60.8, and has a gentle laying topography, according to Surety AgriData maps. The farm borders the north city limits of Brookings, as Brookings & the SDSU campus are visible from the property! This farm offers a tremendous opportunity for a farmer or investor looking to add to their portfolio. The farm is leased for 2021 with the buyer receiving the 2nd half rent payment of $16,000.00, payable on Oct. 1st, 2021.
Description
N ½ of SW ¼ Exc. Lot 1 Carver Addn., & NW ¼ Exc. H-1 & Exc. Cellular Lot, Sec. 18, T-110-N, R-49-W, Brookings Co., SD
Terms
10% non-refundable earnest money deposit due day of sale; balance due on or before June 4, 2021. Closing fees split 50/50 between buyer & sellers. 2021 real estate taxes and rent payment will be split between buyers and seller, with the buyers receiving $16,000 for 2nd half rent payment. Perspective buyers are responsible to conduct their own due diligence for any and all future use, including information obtained through the Planning & Zoning Offices, BMU Utilities & Wellhead Program, and the FSA & NRCS Office. The sellers do not make any claims for accessible utilities or requirements for potential development, if any. A dedicated easement is recorded on North and West sides of the cellular lot. This property is sold subject to easements and restrictions, if any, and is sold subject to confirmation of owners. The farm is also offered as is, where is, without warrantees or guarantees of any kind. Information contained herein and all statements made herein are believed accurate but not guaranteed. Sellers do not guarantee fences lie on true boundary lines. New fencing, if any, is buyer’s responsibility. Auctioneer and realtors represent the sellers in this transaction.
317 4TH STREET, BROOKINGS, SD, 57006
Brookings County, SD
