Nebraska Panhandle CRP Land Auction

Kimball & Banner Counties, NE 1,256± Acres

Overview

Overview

This property is sold

U/C:
Parcel #1: $177,500
Parcel #2: $315,000
Parcel #3: $202,500

The owners of the 1,256.5± acres are selling to complete a 1031 exchange. The parcels are located 12 mi to 24 mi NE/NW and 11 mi S of Kimball, NE in Kimball & Banner Counties. Property offered in 3 separate parcels currently enrolled in CRP with areas of grassland. 2 parcels expire in 2022 and 1 parcel in 2025. Some areas could be broken out to farm or remain as grassland for grazing.

Location

  • Kimball & Banner Counties, NE
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Quick Facts

  • Nebraska Panhandle CRP Land Auction
  • 1,256.5± acres located N and S of Kimball, NE in Kimball & Banner Counties
  • 892± acres CRP - 364± acres grass/rds
  • 601± acres CRP expire 9/30/2022 - all or portions may be broken to farm
  • 219± acres CRP expire 9/30/2025
  • Offered in 3 separate parcels as described below
  • Online Only Auction - Bidding begins 8/18/2022 @ 8 am MST, Ends 8/18/2022 @ noon
  • Possession upon closing
  • Seller to retain the 9/30/2022 CRP payments
  • 2022 R/E taxes prorated to day of closing
  • Seller to convey all OWNED mineral rights

  • PARCEL #1 - 322.9± ac; 276.2± ac CRP, 46.7± ac grass/rds
  • From Kimball, NE, property located 10 mi S, 1 mi E; Kimball Cty, NE
  • CRP contract expires 9/30/2022, annual payment - $7,485 @ $27.10/acre
  • 2021 R/E taxes: $1,762.06
  • Starting Bid: $135,000

  • PARCEL #2 - 621.5± ac; 324.8± ac CRP, 296.7± ac grass/rds
  • From Kimball, NE, property located 9 mi N, 3 mi E; Kimball Cty, NE
  • CRP contract expires 9/30/2022, annual payment - $8,597 @ $26.47/acre
  • 2021 R/E taxes: $3,223.12
  • Starting Bid: $180,000

  • PARCEL #3 - 312.1± ac; 291.0± ac CRP, 21.1± ac grass/rds
  • From Kimball, NE, property located 14 mi N, 9 mi W, 1/2 mi S; Banner Cty, NE
  • CRP contract expires 9/30/2025, annual payment - $9,021 @ $31/acre
  • 2021 R/E taxes: $1,519.16
  • Starting Bid: $75,000

Property Details

Property Details

This property is sold Color Brochure Detail Brochure Bidder Approval Request

Parcel #1

322.9± ac; 276.2± ac CRP, 46.7± ac grass/rds
From Kimball, NE, property located 10 mi S, 1 mi E; Kimball Cty, NE
CRP contract expires 9/30/2022, annual payment – $7,485 @ $27.10/acre
2021 R/E taxes: $1,762.06
Starting Bid: $135,000

Parcel #2

621.5± ac; 324.8± ac CRP, 296.7± ac grass/rds
From Kimball, NE, property located 9 mi N, 3 mi E; Kimball Cty, NE
CRP contract expires 9/30/2022, annual payment – $8,597 @ $26.47/acre
2021 R/E taxes: $3,223.12
Starting Bid: $180,000

Parcel #3

312.1± ac; 291.0± ac CRP, 21.1± ac grass/rds
From Kimball, NE, property located 14 mi N, 9 mi W, 1/2 mi S; Banner Cty, NE
CRP contract expires 9/30/2025, annual payment – $9,021 @ $31/acre
2021 R/E taxes: $1,519.16
Starting Bid: $75,000