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    348 Rd Wallace, NE 69134
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    348 Rd, Wallace, NE 69134

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    • Land
    • 157.31 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
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    Current Use by Public Records

    • Land

    Property Details for 348 Rd

    Lot size
    157.31 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 157.31+/- acre dryland farm presents a compelling investment opportunity in Perkins County, Nebraska. Located conveniently just two miles south of Highway 23, off a well-traveled road, this property offers easy access and excellent visibility. The land is zoned for agricultural use and boasts a total cropland acreage of 154.62+/- acres, ideal for various farming operations. Detailed FSA information is available, including wheat base acres (17.21), corn base acres (82.66), and a total base acreage of 99.87. The property's strategic location near competitive grain markets ensures efficient transportation and marketing of harvested crops. The asking price is $275,000, translating to $1,900 per acre. This represents a strong value proposition for both established farmers seeking expansion and investors looking for a stable agricultural asset. The legal description is Northwest 1/4 Section 32, Township 10 North, Range 35 West. The property is situated near Elsie, NE, with a mailing address of Rd 348, zip code 69134. This farm is offered for sale by owner. This is a rare opportunity to acquire a productive and well-situated agricultural property in a prime location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Wallace
    County
    Perkins
    State
    Nebraska
    Longitude
    -101.336
    Latitude
    40.7955
    More about this property
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