Arkansas River CRP, Investment and Hunting

Details

• Available

PROPERTY DESCRIPTION

Don’t miss 317 +/- acres in Gray County Kansas. This property is a great investment opportunity with guaranteed income, with most of the property being enrolled in the Conservation Reserve Program (CRP). Featuring established habitat and surrounded by irrigation this land is prime habitat for upland birds.

Land

Located in Gray County, Kansas, this land sits just 1 mile South of the Arkansas River and offers a great opportunity for investors, conservationists and hunters.  This farmland has been enrolled in the Conservation Reserve Program (CRP) with a two different contracts providing guaranteed income of more than $35,000 annually. This expansive, 317 acre, contiguous parcel, features gently rolling hills, established grasses and abundant wildlife habit.
Please contact the listing agent for more information on this property or to schedule a private showing. (**Financial verification is required**)
 

Improvements

There are two center pivots, a 2016 Reinke 7 tower and a 1998 Valley 7 tower that has been underslung with PVC. On the East side between the quarters there is a set of pipe corrals. The corrals have a loading chute, large water tank, well and electricity. There is two wire fence throughout the property. There are two 3-phase power drops for the irrigation pivots installed. The pivots and gearheads for the wells will pass with the sale. The frequency drives and electric motors are owned by the tenant and shall be retained by the tenant.

Agriculture

CRP Data:
38.79 acres enrolled in CRP program at $24.89/acre. Expires September 30, 2033.
204.61 acres enrolled in CRP program at $168/acre. Expires September 30, 2038.
Total annual CRP payment of $35,339
The CRP payment will be pro-rated for the year at the time of closing.
FSA Data attached at the bottom.
Soil data:
Primarily Valent Fine Sand, 5-20% slopes
Valent Fine Sand- 0-5% slopes
Valent Fine Sand- 5-15% slopes
Pratt-Tivoli Loamy Fine Sands-5-15% slopes
 
 

Water/Mineral Rights & Natural Resources

The water rights have been retired through the CREP program. The sprinklers may be used in 2025 to establish the grass that is under pivot.
The mineral rights owned by the seller will transfer to the buyer.
There is an option lease on the property with Invenergy to develop a wind farm.

Region & Climate

Summer High: the July high is around 92 degrees
Winter Low: the January low is 18
Rain: averages 21 inches of rain a year
Snow: averages 21 inches of snow a year

Location

Located between Pierceville, KS and Ingalls, KS 2.5 miles South of Highway 50.
Directions: From Ingalls go west on Highway 50 9.4miles turn South on to County Road 4 go South for 2.5 miles, the property is on the East side of the road.
Nearby:
Ingalls, KS (pop. 252)- 12.4 miles
Garden City, KS (pop. 27,152)- 20.5 miles
Garden City Regional Airport- 10.4 miles
Dodge City Regional Airport- 39.2 miles

Property Summary $1,260,000.00