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Wilson Wind & Farm Investment Tract 

SOLD
Sylvan Grove, Kansas
Posted 1 year, 10 months ago
Expires in 0 minutes
1,171 Clicks

Description

Wilson Wind & Farm Investment Tract 

+/- 158.9 acres

Location:  This property sits in the Smoky Hills Region of Kansas in Lincoln County. Just east of Wilson Lake, less than 10 miles from Wilson, KS, and only 3 miles North of Interstate I-70. Salina Regional Airport is just a 40-minute drive away from the property.  

Legal: S30, T13, R09, ACRES 158.9, NE4 LESS RD R/W SECTION 30 TOWNSHIP 13 RANGE 09 – LINCOLN COUNTY 

Land Description

With grain prices reaching new all-time highs, coupled with the excellent income from a long-term wind energy lease, this property is precisely what an operator or investor is looking for. The total +/- 158.9 acre property consists of fertile cropland with class 2 & 3 soils, native and tame grass for haying, and two income-producing wind turbines. There are around 105 acres of cropland, +/- 75 acres of which are currently planted to winter wheat while the remaining cropland is sitting fallow. The +/- 43 acres of native grasses/waterways are an excellent candidate for haying, adding additional income for the property. The current farm agreement is currently structured as a ⅓-⅔ crop share between the landowner and farm tenant, meaning the landowner receives ⅓ of the farming proceeds. A long-term wind energy lease is currently in place through 2052, providing on average just under $14,000 of additional income each year. The wind energy lease, wind rights, and any wind royalties shall transfer to a Buyer at closing. Additionally, the mineral rights are believed to be intact and shall transfer to a Buyer at closing. With a great location, multiple streams of revenue, and hunting opportunities, the Wilson Wind & Farm Investment Tract provides many possibilities and options for long-term profits from wind, farm, and hunting leases for years to come.

Financials:

    • 2021 Approximate Real Estate Taxes$1,458.74
    • Average Net Crop/CRP Income (⅓-⅔ Crop Share): $4,120/year
    • Average Net Wind Income: $13,930/year
    • Potential Hunting Lease: $1,500/year
    • 3.5% return at list price

Attractions/Community:

Just 6 miles away lies Wilson Lake, a 9,000-acre body of water, within Wilson State Park which is known for its great fishing, hiking/biking trails, water recreation, wildlife, and hunting opportunities.  This area is a waterfowl hotspot and great hunting for deer, turkey, and upland birds. Wilson Lake is stocked with striped bass, walleye, blue/channel catfish, white bass, black bass, largemouth and spotted bass, crappie, bluegill, and white perch. It also offers RV hook-ups, cabins, and tenting locations for rent. 

The town of Wilson is less than a 10-minute drive from the property offering restaurants, local shops, and gas stations. Wilson is known for its Midland Railroad Hotel built-in 1898 which provides live entertainment, events, and traveling hospitality. 

Cheyenne Bottoms Wildlife Refuge and Quivira National Wildlife Refuge, two of the most crucial waterfowl migration points in North America, are both in close driving distance from the property.

Property Features:

  • +/-105 acres of tillable (Class 2 & 3 soils)
  • +/- 43 acres of native grasses/habitat & hay ground
  • 10.14 acres enrolled in CRP – Expires 9/30/2031
  • Yearly Rainfall: 28″-30″
  • Two income producing wind turbines
  • Potential to lease hunting rights 
  • Mineral rights believed to be intact and shall transfer to Buyer
  • Only 6 miles from Wilson Lake
  • RV hook-ups located at Wilson Lake
  • Maintained county roads border the North and East property lines
  • Electricity borders east property line
  • White-tailed Deer, Pheasant, Quail, Prairie Chickens, & Predators


Soils/Info:

  • 64.05 acres of Harney-Wakeen complex, 3 to 7 percent slopes
  • 43.72 acres of Harney silt loam, 1 to 3 percent slopes
  • 30.11 acres of Nibson silt loam, 3 to 30 percent slopes
  • 20.9 Armo loam, 3 to 7 percent slopes
  • For more information, see attached soil map

Please contact Connor Williams at 620-617-6300 with Hayden Outdoors Real Estate LLC for more information on this property or to schedule a private showing. (**Financial verification is required prior to showing – co-brokers welcome**)

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