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0 Beds
0 Baths

$1

00 36th Avenue SE, Wishek ND, 58495

Lot size161 Acres
Property typeLand

Overview

Active

Updated 2 weeks ago

Exceptional investment opportunities like this are few and far between. This highly productive quarter boasts quality cropland with long-term contracted income, creating an unheard of property that offers three separate revenue streams. With over 130 acres of productive cropland featuring primarily Armor-Cabba and Reeder-Arnegard Loam soils, the land provides an excellent foundation for continued agricultural production while generating wind tower lease income. Included in the sale is an existing 30-year wind tower lease and 30-year easement agreement, giving the buyer the benefit of a newly acquired lease with nearly the entire lease term remaining. Wind tower royalty payments have initally averaged more than $3,000 per quarter, while the easement provides an additional $25 per acre annually, creating dependable long-term cash flow alongside the property's cropland revenue. Located just one mile from a paved highway, the property offers excellent year-round access by way of a well-maintained wind tower service road. All mineral rights will transfer to the buyer, and the land will be available for the 2027 crop season, allowing the new owner to immediately benefit from all three income-producing opportunities. Property Information Acres:161 +/- Legal:E1/2NW1/4 & W1/2NW1/4 7-132-71 Crop Acres:134.63 +/- Taxes:$1,097.89 (2025)

Courtesy of Pifer's Auction & Realty with ,
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