Oscar Schlaman Trust Dryland Auction

E Central Cheyenne, County, NE 160 +/- total acres, 158.2 acres dry farmland Acres

Overview

Overview

This property is sold

See Color Brochure, Visual Tour, Google Map and Digital Brochure below Quick Facts…Successful Auction. Sells for $210,000 – $1.325 per acre.

Auction Location Map

The Schlaman Trust is offering 160 acres of Nebraska dry farmland for sale at auction. Located in east central Cheyenne County, Nebraska, the Schlaman property includes 160 +/- total acres with 158.2 +/- acres being dry farmland. 78.5 +/- acres planted to wheat, 79.7 +/- acres wheat stubble. The Buyer(s) will have possession of the wheat stubble upon closing and possession of the planted wheat upon 2015 harvest. Located from Sidney, NE, 7.75 +/- mi E on Hwy #30, 2.5 +/- mi N on Rd 131 to SE corner of the property. Level to rolling terrain. Primarily Class II soils, w/areas of III, IV, & V. Buyer(s) to receive landlord (1/3) share of growing wheat. Seller to retain 50% of owned mineral right as a non-participating royalty interest for 10 years, Buyer(s) to have authority to negotiate and execute oil & gas leases and receive all bonuses & delay rentals. Some of the property being sold has been within the same family for many years and once sold, may never again be publicly offered for sale.

160 +/- ACRES DRYLAND – 158.2 +/- ac dryland; 1.8 +/- ac waste; Legal: SE1/4 of 10, T14N, R48W, Cheyenne County, Nebraska; Location: From the intersection of Hwy #385 & #30 (NE of Sidney, NE), 7.75 +/- mi E on Hwy #30 to Rd 131, 2.5 +/- mi N to SE corner of the property. From Sunol, NE, 1.8 +/- mi W on Hwy #30 to Rd 131, 2.5 +/- mi N to SE corner of the property. Primarily Class II soils, w/areas of III, IV, & V; 78.5 +/- acres planted to wheat, 79.7+/- acres wheat stubble; 2013 R/E Taxes: $1,289.68.

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Reck  Agri Realty & Auctions:  Oscar Schlaman Trust Dryland Auction – 160 +/- total acres, 158.2 acres dry farmland in E Central Cheyenne, County, NE.

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Location

  • E Central Cheyenne, County, NE
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Quick Facts

  • Oscar Schlaman Trust Dryland Auction with Reserve
  • Successful Auction. Sells for $210,000
  • 160 +/- total acres, 158.2 acres dry farmland
  • E Central Cheyenne, County, NE
  • From Sidney, NE, 7.75 +/- mi E on Hiway #30, 2.5 +/- mi N to SE corner of property.
  • Level to rolling terrain, Soils consist primarily of Class II, w/areas of III, IV, & V
  • 78.5 +/- acres planted to wheat, 79.7 +/- acres wheat stubble
  • Possession of stubble upon closing, Possession of planted wheat upon 2015 harvest
  • Buyer to receive landlord (1/3) share of growing wheat
  • Seller to retain 50% of owned mineral right as a non-participating royalty interest for 10 years, Buyer to have authority to negotiate and execute oil & gas leases and receive all bonuses & delay rentals.
  • Auction Day: January 22, 2015 - Sidney Nebraska Holiday Inn

Property Type(s)