Palmyra, NE 68418 - Otoe County

DESCRIPTION: Very productive dryland farm along Highway 2, east of Palmyra, Nebraska. This farm is a contiguous 233.23+/- acre tract with 224.69+/- certified cropland acres. Possible development potential with direct frontage to Highway 2 and gravel road N 12th Road running along the entire eastern side of the farm.

LOCATION: Property is located 2 miles east of Palmyra, Nebraska, at the corner of Highway 2 and North 12th Road.

LEGAL: South Half of the Northeast Quarter (S2NE4) and the Southeast Quarter (SE4) less highway ROW in Section Twenty-Five (25), Township Nine (9) North, Range Nine (9) East of the 6th PM in Otoe County, Nebraska.

SOILS: Majority Class II & III Wymore silty clay, 0 to 6% slope

ASSESSED ACRES: 233.23+/- Acres

2021 REAL ESTATE TAXES: $12,504.80 (2022 taxes will be prorated to date of closing)

SCHOOL DISTRICTS: Palmyra

POSSESSION: Subject to written cash rent farm lease with tenant that will expire March 1, 2023, without notice. Buyer will receive second half rent payment from tenant.