TBD Road 157, Chappell, NE 69129

Parcel of productive cropland that is turn-key ready for the farmer looking to add to an existing operation or an investor looking to add to their portfolio. Consisting of mostly Class (2e) & Class (3e) soils the cropland has a good proven yield history.   Crops grown on the property and in the area include Wheat, Milo, Millet, or Corn.  Currently, all of the tillable acreage is in a crop rotation and is subject to tenant rights under a written $55 per tillable acre cash lease agreement.  There are 14.81 acres currently enrolled in Grassland CRP paying $163 annually until 2035.  Together the cash lease & CRP payment comes to a total of $12,848.20 annually which creates a return on investment of over 3.7% at asking price before taxes.  Power runs along the maintained county road offering tons of possible opportunities including a potential building site.  The property has well maintained county road frontage on multiple sides and is located in a great farming area.  FSA information is available upon request.  Seller's Owned Mineral Rights are included.   Please contact the local Land Professional for questions or to schedule a showing.    • Located Southwest of Chappell, NE  • Mostly Prime Tillable Cropland  • $12,848.20 Annual CRP & Cash Lease Income  • Over 3.7% ROI Based on Asking Before Taxes  • County Road Frontage on Multiple Sides