Loading Map
Property is easily accessible, located on blacktopped county road. This property is located in Lincoln County (Lennox), South Dakota

10 Yr Guaranteed Govt CRP Pmts $27,758 1st yr - 110 Acres

Lincoln County, SD · 110 +/- AC ($4,409/AC) · $485,000

Land Tour 360
View Map
Land Tour 360 Instructions
KEY
toggle this layer on to view its legend.
toggle this layer on to view its legend.
toggle this layer on to view its legend.
toggle this layer on to view its legend.

DISCLOSURE

All boundary lines noted in pictures, aerials or maps should be considered estimates and not relied on as legal documents or descriptions.

SHOW MAP
10 Yr Guaranteed Govt CRP Pmts $27,758 1st yr - 110 Acres in Lincoln County, SD

This property has 8 photos. View Gallery

10 Yr Guaranteed Govt CRP Pmts $27,758 1st yr - 110 Acres

        
flag

Lincoln County, South Dakota
110 +/- Acres ($4,409/acre)
$485,000

Parcel #/ID:  098.51.25.2010

Property is easily accessible, located on blacktopped county road. Rich in cover, tall with grasses, dotted with small ponds, ideal for the avid hunter, only an 18 mile drive from Sioux Falls, SD. Timber located off site adjoining the south border of the 110 acres. Pheasants cackle in the background as you overlook the landscape as you start the day.

Estimated Acres:

110 +/- acres. The Game Fish & Park Walk-in Area lease expires June 29, 2020 and pays $880 for a year, ($8.00/acre/Year), but can be extended for an additional 10 years which is paid upfront for the 10 yr lease period ($8800.). There are 3 contracts for CRP. One of 69 acres expires Sept 30, 2030 and pays $146.08/acre ($10,080). The second one expires 9-30-2029, 21.2 acres and pays $249.08/acre ($5280). The third one expires 9-30-2029, 17.9 acres and pays $201/acre ($3598). Total $27,758/year 1. The GFP lease basically allows for walk-in area hunting to anyone. If you don't want the Walk-in area Deal because you want the hunting for yourself, delete $8800 and your net is $18,958, Less RE taxes.

Legal Description:

NW 1/2 NW1/4 *except N433.44' of W 1005' & N 1/2s1/2 NW1/4 of Section 25-98-51 Grant Township Lincoln County, South Dakota

Property Highlights:

  • Easily accessible AND This property has 1 building eligibility available according to Lincoln County Planning and Zoning. The building eligibility may not be useable until the crp contract has concluded, unless there is a carve out of one (1) acre on an accessible site within the property.

  • Rich in cover

  • Only an 18 mile drive from Sioux Falls

Estimated Income:

CRP Income: $18,958

Other Lease Income: $8,800

TOTAL ESTIMATED INCOME: $27,758

Taxes:  $2,596/year (2019)

Listing ID#: 1205040

More Photos:

×

Send to a Friend

Fill out the form below and click "Send" to send "10 Yr Guaranteed Govt CRP Pmts $27,758 1st yr - 110 Acres" to your friends, family or real estate agent.

Type a note above to go along with the property information that will be included automatically in the email.

×

Contact the Agent

Fill out the form below and click "Send" to contact Mark about this property.

×