Wallace, NE 69169 - Lincoln County

Legal:

NE1/4 Section 8-T11N-R34W of the 6th P.M., Lincoln County, NE

Acres & Taxes:

160 Tax Assessed Acres; 2020 taxes payable in 2021 - $973.32

FSA:

59.6 acres of Wheat base at 34 bushels/acre. Since the CRP contract expired previously, the land has been hayed or grazed.

Land Use:

This property is currently used for hay production and grazing. The farm would be eligible for development to organic crop production, or to a rural acreage homestead. Located in the TPNRD the farm could possibly be developed to irrigation with the correct CIAs and approval of the TPNRD.

Comments:

This property has county road access on 2 sides, is close to S. Hwy 25, and is located in a strong farming and ranching community. The electric fencing is owned by the current tenant. Livestock water has been provided by an electric submersible well located on an adjoining property with a lease for livestock water available. Possession is subject to a verbal lease through February, 28, 2022.