Mallard Hallows Farm - April 2010
A Great Productive Farm That Can Be Developed for Even More Production.
This farm is adjacent to the South Platte River.  You could realize an additional $3,000 to $5,000 cash lease for hunting rights.  Habitat development would also increase the value of this land.  You have the advantage of additional appreciation with both ag land values and recreation values.  This along with the cash rent potential makes this a solid investment.  There is currently 60 acres of pivot irrigated crop on this farm.  Farm Service Agency has certified that at total of 136 acres could be irrigated.  The C.R.P. Program portion of this farm comes out of the C.R.P. Program September 30, 2010.   There can be an additional 76 acres of pivot development that could be added.  The existing well pumps over 1,400 gallons per minute.  That means that this well would have the capacity to run both pivots at the same time.  The remaining acres could be farmed or put back into C.R.P. if the Government Programs would allow.  Also all of the crop land is currently or could be certified for organic farming.  The 60 acre pivot is currently being farmed organic.
Location: 3 Miles West of Brule, Nebraska
Estimated Acres:
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Call for more Information (308) 532-9300

Well Information:
Date Drilled:
12-26-2001
G.P.M.:
7,400
Depth:
160 ft.
Static:
20 ft.
Pumping Level:
90 ft.

F.S.A. Information: Crop
Base
Yeild
Wheat:
92.4
35
Barley:
8.7
37
Oats:
11.7
42
Corn:
62.3
117
Sorghum:
.8
80
Pivot:
60
Developable Pivot:
76
Dry Crop/C.R. P.:
60.0
Accretion:
164
Surveyed Acres:
300

Estimated Cash Lease Income:
60 Pivot Acres @ $150 per acre:
$9,000
76 Pivot Acres (after development) @ $150 per acre:
$11,400
164 Dry Crop @ $30 per acre:
$4,920
Total:
$25,320.00

Estimated Cash Lease Income After Development:
136 Pivot Acres @ $150 per acre:
$20,400
164 Dry Crop @ $25 per acre:
$4,100
Total:
$24,500

Estimated 2008 Taxes:
$1,500.00
Listing Price:
Price:
$695,000 less a $50,000 credit at closing from seller to develop additional pivot.

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