0 Rifle Sight Pass Rd Mitchell, NE 69341
Monument Farm presents a unique opportunity to acquire 91 acres of highly productive agricultural land in Scotts Bluff County, Nebraska. This exceptional property boasts flood irrigation capabilities, directly adjacent to the Gering-Fort Laramie Canal, ensuring a reliable water source for optimal crop yields. The existing irrigation system includes a gated pipe and a booster pump, maximizing efficiency and minimizing water waste. Currently planted in beans, the land comes with a tenant in place for the remainder of the 2024 growing season, providing immediate income potential. Conveniently located just 6 miles west/southwest of Scottsbluff and 9 miles southeast of Mitchell, Nebraska, this property offers easy access to essential services and transportation routes. The legal address is Rifle Sight Pass Rd, Gering, NE 69341. The asking price for this exceptional agricultural investment is $525,000. This represents a compelling opportunity for investors seeking a stable, income-generating asset in a prime agricultural region. The property's strategic location and efficient irrigation system contribute to its high potential for long-term profitability. The existing tenant agreement provides a seamless transition for the new owner, minimizing disruption and maximizing returns. Don't miss this chance to own a piece of productive Nebraska farmland.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.