0000 200 Road, Glen Elder, KS 67446 - Mitchell County

Located in Northwest Mitchell County just a few miles North of Glen Elder, this piece of dryland tillable is prime for production and investment. With road frontage on the east, south, and west sides, access is outstanding. FSA fields show 225.49 +/- acres in production with the balance being in waterways and one small patch of timber. The property is terraced and has a bean crop in the ground currently. The farm is leased on a cash rent basis verbally of $16,000/year, coming out to roughly $70/acre and is year to year. Taxes in 2020 were $4,228.66 and the legal is S2 N2, N2 SE4 of 3-6-9. This piece of ground provides an outstanding opportunity for the investor looking at an inflation hedge with a return in a great location, or the current operator looking to expand their operation. For maps, disclosures, 156EZ form, or to schedule a showing call Joey Purpura at 785.831.3045.

Property Features

-240 +/- acres

-225.49 +/- acres in production

-Bean crop in the ground

-Terraced with waterways

-Verbal cash rent agreement of $16,000/year or $70/acre

-S2 N2, N2 SE4 of 3-6-9

-2020 taxes were $4,228.66

-Great opportunity for investment or expansion

-Quality area

-Just south of the Mitchell/Jewell County line

-8 minutes from Glen Elder

-22 minutes from Beloit

-13 minutes from Cawker City