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

Dependable Revenue Stream of CRP and State Game Fish Parks

Lincoln County, SD · 110 +/- AC ($4,939/AC) · $543,263

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DISCLOSURE

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

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Dependable Revenue Stream of CRP and State Game Fish Parks in Lincoln County, SD

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Dependable Revenue Stream of CRP and State Game Fish Parks

        

Lincoln County, South Dakota
110 +/- Acres ($4,939/acre)
$543,263

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 lease expires June 29, 2019 and pays $880 in 2019. There are 3 contracts for CRP. One of 69 acres expires Sept 30, 2019 and pays $166/acre. The second one expires 9-30-2029, 21.2 acres and pays $249/acre. The third one expires 9-30-2029, 17.9 acres and pays $201/acre. Total $20,232/year. The GFP lease basically allows for walk-in area hunting.

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

  • Rich in cover

  • Only an 18 mile drive from Sioux Falls

  • 69 acres are eligible to come out of the CRP program in 2019! Or the new owner has the option on renewing the program on the 69 acres at new rents he/she can negotiate.

Estimated Income:

CRP Income: $20,332

Other Lease Income: $880

TOTAL ESTIMATED INCOME: $21,212

Taxes:  $2,590/year (2017)

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