About this property

Located in central Kingman County, 5 miles north of Spivey, sits this highly tillable, productive farm ground. The property is accessed by a blacktop road (Southwest 30th Avenue) along the east side and a gravel road on the north side (SW 80 St). Around 98.6% of this farm is tillable with the remainder being waterways and a very small patch of trees along the west boundary. The soil is primarily made up of Class 2 Blanket silt loam with a 1-3% slope, and has a weighted soil class average of 2.24. The NCCPI average is 63.8, placing it well above the county average of 50. The property has around 30 feet of total elevation change and drains to the central portion of the west side. There is currently a farm tenant in place on an annual cash rent agreement, with the lease expiring in February of 2027. A wheat crop was just harvested off of the property, and possession can be made available to the buyer immediately upon closing. The current tenant has expressed interest in staying on as the farmer if given the opportunity to do so. There is an active wind lease on the property that is currently paying $1,500/year for non-wind obstruction. There are no wind turbines on the property. Additionally, there is a lease for a SODAR wind reading device on a small trailer on the north side of the property that is paying $1,200 per year and expires 12/19/2029. Mineral rights are intact and will transfer to the buyer. This is a great opportunity for an operator looking to expand their operation in the area or for the investor looking for a quality tillable farm that provides yearly, reliable passive income and future price appreciation.

Features and Additional Information