429 County Rd Smithfield, NE 68937

Prime 320+/- acre pivot-irrigated farm located in Gosper County, Nebraska, near Elwood (zip code 68937), is available for purchase. This property boasts productive soils and a reliable water source, situated within a thriving agricultural community. The farm is ready for the 2025 crop year and includes a well-maintained 18-tower Reinke pivot irrigation system powered by an electric well motor. The well (G-127083), drilled in April 2004, offers a substantial capacity (1,225 gpm) with a 65' static level and 84' pumping level, extending to a depth of 120'. The property is located within the Tri-Basin NRD, holding certified irrigation rights for 270.31 acres. Water usage is regulated, with a 36" allocation for 2023-2025. FSA data indicates 307.30+/- total cropland acres, including base acres for wheat (11.06, 40 PLC yield), corn (161.77, 130 PLC yield), and soybeans (32.32, 46 PLC yield), totaling 205.45 base acres. The asking price is $2,560,000, translating to $8,500 per acre. Legal description: East ½ Section 4, Township 5 North, Range 22 West. This represents a significant opportunity for agricultural investors seeking a well-established and productive farming operation.