Lemsford 638 Acres Grain Farmland

Description

Located northeast of Lemsford, you will find this package of 4 quarter sections comprised of Sceptre/Willows Heavy Clay/Clay cultivated farmland. SAMA states a total of 639 acres with 636 cultivated and 3 other acres that combine for an average soil final rating of 63.0. This package is currently leased to an excellent tenant until December 31, 2025. Farmland & Price Summary 4 Parcels 639 Title Acres (ISC) SAMA Information 639 Total Acres 636 Cultivated Acres 3 Wetland/Bush Acres $1,075,900 Total Assessed Value $269,552 Average Assessment per 160 Acres 63.0 Soil Final Rating (Weighted Average) $3,200,000 Farmland Price $5,011 per Total acre (ISC) $5,034 per cultivated acre (SAMA) 2.97 times the 2021 Assessed Value

Listing courtesy of Hammond Realty