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Auction Date: 04/04/2024 Auction Time: 11:00 AM CDT
Auction Venue Location: Blackwell Event Center, 800 S Main St, Blackwell, OK 74631
Entire Farm Description:
Tillable tract with wind turbine providing solid additional income source. Located in the heart of farm country in Northern Oklahoma, this tract offers a great investment opportunity for not only tillable income, but the additional residual income from a producing wind turbine located on the property. The current contract with the wind company (Public Service Company of Oklahoma) is currently paying $10,000/year, with a 3% increase each year. Combine this with the quality Class 2 & 3 soils on the property, and this would make a great addition to any farming operation. Conveniently located only 15 miles to Blackwell and I-35, and 19 miles to Medford. Mineral rights are being included in the sale of the property, although no current production is in place. Selling by the acre.
Details:
Deeded Acres: 160 +/- acres
FSA Farmland Acres: 148.38 +/- acres
Soil Types: Kirkland Silt Loam, Tabler Silt Loam, Renfrow Silt Loam
Soil PI/NCCPI/CSR2: NCCPI 46.3
Taxes: $569
Lease Status: Open Tenancy for 2024 crop year
Possession: Immediate possession subject to current tenants rights for 2023
Survey needed?: No survey needed
Brief Legal: 26-28N-3W NW/4
PIDs: 0000-26-28N-03W-3-000-00
Lat/Lon: 36.8795, -97.4939
Zip Code: 74646
- Tillable farm with additional income from wind turbine
- Wind turbine contract has 24 years remaining
- Quality soils for growing corn, beans, milo, and/or wheat
- Currently no crop planted
- Mineral rights Included with surface rights
- Good county road frontage
- Conveniently located between Medford and I-35
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