BROKERS NOTES:

This unique property highlights a valuable blend of cropland, pasture, and tree lines along with combined 3,010+/- permitted hog farrowing amenities all destined to provide a productive income stream to the owner. Advantage Land Company is proud to present this diverse 178.97+/- acres comprised of over 125+/- acres of well-stewarded cropland with the remaining consisting of 38+/- acres of pasture and hayland and seven sow farrowing facilities with a lagoon and all of it’s amenities. Located in the agriculture rich community just North of Raymond, South Dakota, this land brings all kinds of possibilities and revenue potential to any operator or farmer. This tract of land is comprised of 80+/- acres of power-packed soils with predominantly Class II soils ranked at 92% PI. FSA reports 125.08 Cropland Acres with a strong total of 125.0 Base Acres, including a 93.75 acre Corn Base with 107 bu PLC yield and a 31.25 acre Soybean Base with 37 bu PLC yield. Boasting seven units with over 3,010 farrow to grower sow operation along with permit and nutrient management plan, this exclusive facility is a rare offering. There are two 80 feet+/- deep stock wells that provide a full supply of water on site along with an uninhabitable acreage site equipped with mature trees, utilities and paddocks to start your very own hobby farm. Combining that with well fertilized, maintained and successful cropland, makes this overall investment property an exceptional long term profitable opportunity. Take Advantage of this opportunity to own a piece of South Dakota dirt to foster for years to come!

TERMS:

Closing to take place on or before February 24th, 2023. Possession for the 107.29 acres (see the map on the registration table) of current farmland will be given March 1, 2024, as this cropland is sold subject to a verbal lease for 2023. Seller to credit buyer at closing in the amount of $31,000 for not being able to rent or farm cropland in 2023. Possession for pasture, hog unit, hayland and potential acreage site will be at closing. The permits, nutrient management plan, ground water discharge plans are available and may be transferable, although not guaranteed, with buyer being responsible for taking the necessary steps to transfer. The sale is not dependent upon buyer being approved. There is a Groundwater Monitoring Report (several monitoring wells), a water right permit from DANR, a Comprehensive Nutrient Management Plan, and a GWD 2-88 Groundwater Discharge Plan due to a shallow aquifer available for review. This may or many not be all of the permits and plans needed. Upon acceptance of the sale by the seller, a non-refundable earnest money deposit equal to 10% will be due at the conclusion of the sale. If the buyer is not immediately available at the conclusion of the auction, the purchase agreement and non-refundable earnest money deposit must be complete within 24 hours from the close of the auction. The balance will be due at closing. Merchantable title will be conveyed, and title insurance cost will be divided 50/50 between the buyer and seller. Closing costs are to be split 50/50 buyer and seller. The 2022 RE Taxes due and payable in 2023 will be paid by the seller, as a credit to the buyer at closing based on the most current tax information available. The buyer is responsible for RE Taxes in 2023 and any future taxes. The seller does not warranty or guarantee that existing fences lie on the true boundary, and any new fencing will be the responsibility of the purchaser pursuant to SD statutes. FSA yields, bases, payments, and other information are estimated and not guaranteed, and are subject to County Committee Approval. Information contained herein is deemed to be correct but is not guaranteed, along with any of the personal property or improvements on this property. Sold subject to existing easements, manure easements, restrictions, reservations including a mineral right reservation of ½ interest according to the title work, or highways of record, if any, as well as any or all Clark County Zoning Ordinances. A survey/plat will not be provided and will be the buyers responsibility if needed or requested. The house is being sold as is and is uninhabitable. The RE licensees in this transaction stipulate that they are acting as agents for the seller. Announcements made day of sale take precedence over any written materials. This is a cash sale. There is no guarantee on any of the personal property or improvements on this property. Property is sold as is. This sale is subject to Seller Confirmation. Seller reserves the right to reject any and all bids. Not responsible for accidents.

Austin Domeier with Centrol Crop Consulting is the environmental specialist that works with this facility. His contact is 320.297.1143 if you have any questions. Paul Wegleitner 605.773.4040 DANR and Andrew Fox 605.773.4647 DANR GWD 2-88 Groundwater Discharge Plan due to a shallow aquifer. Propane tanks are owned by Clark Community Oil.

Clark Co. Land Auction