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Sold
Todd County Irrigated Organic Farm
$2,400,000
Mission, SD
480± Deeded Acres
Executive Summary
The Todd County Irrigated Organic Farm consists of 480± contiguous acres, of which 390± are pivot irrigated and lies in a unique area of south-central South Dakota. The farm is located in the very northern edge of the Ogallala Aquifer. The soils are very friendly for farming, along with good groundwater supply and no pumping restrictions. The land was developed to pivot irrigation in 2014 along with all new equipment and is certified organic. The farm provides an excellent opportunity to expand into organic farming or enhance your portfolio with an investment property. Also, since the farm is located in a Federal Opportunity Zone, it may be eligible for preferential tax treatment.
General Description
The farm has a nice lay to the land and lends itself to excellent irrigated farm ground. The soils are not prone to standing water with the gentle slope of the topography. There are two county roads that abut up to the property, allowing for excellent access. The corners of the pivots are native grassland, which could provide a nice location for a homesite and grain handling facilities.
Broker's Comments
The Todd County, South Dakota Farm is an opportunity to acquire an excellent income producing property that is already certified organic. The wells and all of the irrigation equipment was installed in 2014 and the sprinkler packages are set up at 800 gallons per minute. The combination of topography, soils, and unlimited pumping are conducive to bumper crops. The native grass corners would provide for an excellent location for a home site and grain handling storage facilities. Adjoining county roads and nearby highway 83 provides great access. The farm is an excellent investment property with a tenant in place, or expand your current farm operation.
Location
The property is located 14 miles south of Mission, South Dakota or 16.5 miles north of Valentine, Nebraska on highway 18 and then 4 miles west on county road. The property has excellent access via highway 18 and county road, which makes grain transportation easy.
Locale
The surrounding area consists of gently rolling native grasslands and pivot irrigation. It is one of the very few locations in South Dakota that has a good supply of groundwater for high capacity wells. There are many cultural and outdoor opportunities in the area, along with a small town community atmosphere.
Acreage (Deeded & Leased)
Irrigated Acres: 396± Acres
Native Grassland: 84± Acres
Native Grassland: 84± Acres
Deeded Acres: 480±
Total Leased Acres: 0±
Total Acres: 480±
Improvements
Improvements include:
- Three 2014 Valley 8 tower pivots
- Four irrigation wells drilled in 2014
- 2014 electric pumps, panels, wiring, and underground pipe
- One livestock well
Water Resources
There is one livestock and four high capacity irrigation wells on the property. Two of the pivots have a single well, with each well supplying 800 gallons per minute. The third pivot required two wells supplying a total of 800 gallons per minute. The wells range in depth from 240-260 feet. The static water level averages 70 feet. Ground water well permits will be transferred to new owner. The Ogallala Aquafer water is a very clean and non-corrosive water, which prolongs the life of irrigation equipment. South Dakota does not have any pumping restrictions in place on high capacity irrigation wells.
See brochure for well permit list. Contact broker for further information.
See brochure for well permit list. Contact broker for further information.
Mineral Rights
Seller owned mineral rights will be transferred to new owner.
Taxes
Annual taxes are approximately $2,380.00.
General Operations
Currently, the farm is certified organic and traditional crops have been corn, wheat, soybeans, and peas. The organic market has been the one bright spot in the struggling farm economy. It takes three years of no chemical inputs to become eligible for certified organic, which makes the process rather difficult. The farm has a three-phase electrical line running the length of the property, which enables the pumps to be powered with electricity.
Irrigated grazing could be utilized on the pivots. The setup of all three pivots being contiguous would enable cross-fencing for a rotational grazing system, which could also benefit from being certified organic. Another option is certified organic alfalfa production and sale.
Irrigated grazing could be utilized on the pivots. The setup of all three pivots being contiguous would enable cross-fencing for a rotational grazing system, which could also benefit from being certified organic. Another option is certified organic alfalfa production and sale.
Leases and Permits
A lease is in place until January 1, 2020. The lease has the potential to be extended if the buyer chooses.
