Cheyenne County, NE 483.2 Cow Creek Cropland & Grassland CRP is a great combination property providing tillable cropland with a cash lease while also offering the possibilities grazing & recreational opportunities. Currently 315.15 acres of tillable cropland is cash leased for $55 per acre with a local tenant and are subject to tenant rights. The tillable cropland fields consist of mostly level Class 2c soils not only provide income but also a great food source for wildlife. There are approximately 157.88 acres of pasture that haven't been grazed in several years and has been enrolled into the Grassland CRP program paying $1,738 annually. There is an older windmill water well located in the center of the property near an older home site offering a possible water source for livestock or wildlife. Cow Creek runs though the northeast portion of the parcel creating great habitat and a natural travel corridor for deer, upland birds, & small game. With the cropland cash lease paying $17,333 annually and Grassland CRP paying $1,738 annually plus the potential for additional income streams this is a diverse property that is ideal for just about any type of buyer offering a 3.6%+ yearly ROI based on the asking price. Contact the listing Land Professional today for more information or to schedule a showing on this great recreational & investment property. ***Showings by appointment only*** Property Details: Located east of Sidney, NE Cropland with written cash lease Mostly level Class 2c tillable soils Grassland CRP income Water Well High annual ROI Hunting opportunities Driving Directions: From Sidney, NE take I80 east approximately 9.5 miles until you reach Road 135 then exit the Intestate and turn right (south) for 1.5 miles until you reach the SW corner of the property.
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