232.90 +/- Acre Land Auction, Brookings Co., SD

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Parnell Twp., Brookings Co., SD
Directions

    We will offer the following farm land at public auction, located from Elkton, SD 5 miles West and 3 miles South on Hwy. 13, then 1 mile West on 220th St., or from Interstate 29, Elkton Exit #127, 7.5 miles East on Hwy. 324, then 3 miles South on 480th Ave., or from Flandreau SD, 10 miles North on Hwy. 13 & 1 mile West on 220th St. The farm is located at the corner of 220th Street & 480th Avenue.

    Auctioneer Notes

      Auctioneers’ Note: This auction presents an opportunity to purchase an exceptional corn & soybean farm in a strong agricultural area. The farm consists of high rating Class I & II soils, predominantly featuring Kranzburg Brookings Silty Clay Loam, and has over 52,000 ft. of drain tile. This farm will be offered as a unit or in two tracts. The auction will be conducted at the farm with live & online bidding available.

    Yield and Bases Aerial Map Soil Map Brochure Info Sheet Wetland Map Plat Map
    Overview

      Tract 1: 152.90 +/- Acres – SE ¼, 152.90 +/- acres, predominantly tillable and high rating farm.
      Tract 2: 80 +/- Acres – E ½ of SW ¼. Inside 80 +/- acres, predominantly tillable and high rating farm.
      Tract 3: 232.90 +/- Acres – Unit tract, combination of tracts 1 & 2. This quality farm presents the opportunity to purchase 232.90 acres of prime Parnell Twp., Brookings Co. land. The farm is predominantly comprised of strong Kranzburg Brookings Silty Clay Loam soils and has a cropland soil productivity rating of 80.5, ideal for row crops. According to the FSA office the farm has 216.49 DCP Cropland acres, and the farm has over 52,000 ft. of 5 & 6” drain tile, all installed since 2009. The farm was planted to soybeans for 2021 and has an excellent location in a strong agricultural area. The farm is leased for the 2022 crop year for $350 per acre. The new buyer will receive the full 2022 rent payment of $75,775 upfront as a credit at closing. The farm will be offered as a unit or as two individual tracts, and if sold separate the rent credit will be split accordingly. The farm is within close proximity to dairies, feed lots, hog units, elevators & the ethanol plant. This strong farm will consistently produce top yields or generate strong cash rents, and will make for an excellent addition to your farming or investor portfolio!

    Legal Description

      Description: SE ¼ Exc. Lot 1, & the E ½ of SW ¼, Sec. 32, T-109-N, R-48-W, Parnell Twp., Brookings Co., SD

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