This land auction features two tracts of land including cropland & CRP and available to farm for the 2021 season. For a detailed Buyer’s Prospectus with complete terms and conditions contact Max Steffes at Steffes Group, 701.237.9173 or 701.212.2849; or Terry Moe, 701.580.2426 at Steffes Group.

BURKE COUNTY, ND – 260+ ACRES
TIMED ONLINE LAND AUCTION

 

Land Located: T1: 2 miles west of Jct. ND Hwy. 5 & Hwy. 40 near Columbus, ND T2: approx. 7 miles north of Columbus, ND adjacent to the US/Canadian border. Land may be inaccessible during winter months.

 

AUCTIONEER’S NOTE: This land auction features two tracts of land including cropland and CRP! Tract 1 is located west of Columbus, ND along the highway and includes a cell phone tower with a generous annual lease payment. The new buyer will assume this lease and future payments. Tract 2 is adjacent to the international border and is enrolled into CRP through 2027 with over $3,000 in annual income. This land is available to farm for the 2021 season.

 

OPENS: THURSDAY, MARCH 4 AT 8:00AM

CLOSES: THURSDAY, MARCH 4 AT 12:00PM

 

BURKE COUNTY, ND – SHORT CREEK & FORTHUN TOWNSHIPS

Description: SW1/4 LESS 3.07A RR RW Section 36-163-94, Gov’t Lot 1 Section 25-164-94, & Gov’t Lots 3 & 4 Section 30-164-93

Total Acres: 260+

Cropland Acres: 225+

To Be Sold In 2 Tracts!

TRACT 1:

Description: SW1/4 LESS 3.07A RR RW Section 36-163-94

Total Acres: 153+

Cropland Acres: 140+

          Tillable Cropland Acres: 109+

          CRP Cropland Acres: 31.40+
                                31.40+AC @ $26.80/AC or $842 annually. Expires 09/30/2022

PID #: 06449000

Soil Productivity Index: 54.3

Soils: Miranda-Noonan loams (55%), Noonan-Niobell loams (19%), Williams-Zahl complex (7%)

Taxes (2020): $558.86

NO US Fish & Wildlife Easements

Tower Lease Income (2021 Payment): $7,935 annually through 2024. 

3rd 5 year renewal term Payment: $9,125/yr.

4th 5 year renewal term Payment: $10,494/yr.

As of February 2021, the tower lease has been amended. The amendment gives the option to extend through 2054 and also contains a 10% Revenue Share on revenue 

TRACT 2:

Description: Gov’t Lot 1 Section 25-164-94 & Gov’t Lots 3 & 4 Section 30-164-93

Total Acres: 107+

CRP Cropland Acres: 84.3+
                84.3+AC @ $39.36/AC or $3,318 annually. Expires 09/30/2027

PID #’s: 06184000 & 06451000

Taxes (2020): $412.63

NO US Fish & Wildlife Easements

 

TERMS: Ten percent down upon signing purchase agreement with balance due at closing in 45 days.

 

For a detailed Buyer’s Prospectus with complete terms and conditions contact our office at 701.237.9173; or Max Steffes, 701.212.2849; or Terry Moe, 701.580.2426 at Steffes Group

Dakota Grain Exchange, LLC
Daniel Durick, Owner

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