For sale is a great dryland farm south of Wallace, NE. Soils consist of productive Holdrege, Uly-Coly, and Hord silt loams. County roads provide access on the north, west, and between Section 33 and 34. Dryland cash rents in the area range from $65-$75. The farm is just 4 miles from Scoular in Wallace, 7.5 from Scoular in Grainton, 12 miles from Op-pliger Feeders, 17.5 miles from Southwest Feeders, 21 miles from Mid America Ethanol Plant (Madrid), and 30 miles from NP Livestock Feeders.?
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LOCATION & ACCESS: Southwest Lincoln County, Nebraska. From the intersection of Highway 23 and Highway 25 drive 2 miles west to Seifer Road, turn left and drive 2.25 miles south.
LEGAL DESCRIPTION: N ½ of Section 33 and the NW ¼ of Section 34; all in Township 10 North, Range 34 West of the 6th P.M. in Lincoln County, Nebraska
ACRES: 480 +/- total tax assessed acres, 469.5 non-irrigated cropland acres.
?ASSESSOR: Lincoln County Parcels #10113500 & #1011500
2025 Real Estate Taxes $5,246.86
ESTIMATED INCOME: 469.5 Dryland Acres x $75.00 Cash Rent = + $35,212.50
Less Real Estate Tax = - $5,246.86
ESTIMATED NET INCOME $29,965.64