(Finney County) 155+/- Acres of Irrigated Cropland w/ Development Potential

Wednesday, December 11, 2024

McCurdy Real Estate & Auction

(Finney County-Garden City) - N. 3rd St. & HWY 50 (U.S. HWY 83) - East to Property.

*Buyer should verify school assignments as they are subject to change. The real estate is offered at public auction in its present, “as is where is” condition and is accepted by the buyer without any expressed or implied warranties or representations from the seller or seller’s agents. Full auction terms and conditions provided in the Property Information Packet.  Total purchase price will include a 10% buyer’s premium ($2,500.00 minimum) added to the final bid. Property available to preview by appointment. Earnest money is due from the high bidder at the auction in the form of cash, check, or immediately available, certified funds in the amount of $[].

 

*Buyer should verify school assignments as they are subject to change. The real estate is offered at public auction in its present, “as is where is” condition and is accepted by the buyer without any expressed or implied warranties or representations from the seller or seller’s agents. Full auction terms and conditions provided in the Property Information Packet.  Total purchase price will include a 10% buyer’s premium ($2,500.00 minimum) added to the final bid. Property available to preview by appointment. Earnest money is due from the high bidder at the auction in the form of cash, check, or immediately available, certified funds in the amount of $60,000 for a 30 day closing or $75,000 for a 45 day closing. 

 

 

155.25 +/- Acres on HWY 50, Garden City, KS US

ONLINE ONLY!!! Rare opportunity to acquire 155+/- acres of prime irrigated cropland located directly north of Garden City on Highway 50. This exceptional property combines outstanding agricultural potential along with future development or investment possibilities.

The property features a Reinecke A60G 8 tower center pivot system that does transfer with the land to the buyer. Water rights are also included with a well located in the NW corner of the property. The well is 277 feet deep with an authorized quantity to not exceed 234-acre feet (AF) at authorized rate not to exceed 1650 gallons per minute (GPM). All of the sellers interest in minerals and active leases will also be conveyed to the buyer. The pump motor, remote system (Hot Shot) and sprinkler regulators will not transfer to the buyer.

Features:

  • 155+/- acres
    • SW1/4, S33-T23-R32W
    • Approximately 117+/- acres under pivot irrigation
  • Water Rights & Irrigation well
    • Water right 12517, well completed in 09/2008
    • 277 feet deep
    • Authorized up to 234 AF, 1650GPM
  • Reinecke A60G 8 tower center pivot irrigation system
    • 1272 feet long
  • Sellers interests in mineral rights and production transfer
  • Immediate Possession
  • Highway 50 frontage
  • Directly north of Garden City
  • Excellent investment potential

Whether you're an agricultural producer looking to expand your operation or an investor seeking land with development or investment potential, this property offers an exceptional opportunity. Properties of this caliber, especially with this location and irrigation infrastructure, rarely come to market.

Don't miss this chance to own a piece of prime Garden City real estate!

Property offered at ONLINE ONLY auction. | 10% Buyer's Premium will be added to the final bid. | BIDDING OPENS: Tuesday, November 26th, 2024 at 2 PM (cst) | BIDDING CLOSING: Wednesday, December 11th, 2024 at 2:10 PM (cst). Bidding will remain open on this property until 1 minute has passed without receiving a bid. Property available to preview by appointment.

$60,000earnest money deposit at the time of contracting with a closing on or before 30 days from the date of sale.
$75,000 earnest money deposit at the time of contracting with a closing on or before 45days from the date of sale.

Definition of 'selling by the acre': A method of sale often used for agricultural or undeveloped acreage in which bids are made based on a per acre price. By way of example, if a 160-acre parcel was offered by the acre the high bid may be $5,000 an acre. That amount would then be multiplied times the total acreage to arrive at a total bid price of $800,000 (plus Buyers Premium, if applicable). For the purposes of calculating the total sales price, the acreage will be rounded to the nearest whole acre. For example, a parcel with 158.7 acres would be offered as 159 acres or a parcel is 158.3 would be offered as 158 acres.

Tenant farmer has been notified and lease has been terminated, possession is immediate at the time of closing. Comes w pivot and irrigation equipment. Mineral rights transfer.

Disclaimer:

Announcement: Information contained herein is presented on behalf of the seller. McCurdy Real Estate & Auction, agent for the seller, cannot guarantee the information to be correct or assume the liabilities for errors and omissions. All lines drawn on maps are approximate. Buyers should verify the information to their own satisfaction. Any announcements made from the auction block on day of auction will take precedence over any matter of print and will be final.