Located on the eastern side of Richfield is a great piece of ground that offers a good potential for an income and ROI. With a good portion enrolled in CRP, it a good source of income for the owner. The CRP has is in several contracts on this tract, they total up to $15,028 annually making for just under a 4% return on asking price. Made up of Shore loam class II, Atchison loam, and Wagonbed silty clay loam class III soils this could be put back to crop once CRP contracts expire. With obvious upland game habitat, this property also offers fantastic cover for the occasional big deer as they travel along the north fork of the Cimarron River to multiple food sources in the area. There are some large trees along the riverbed and fair deer sign. There are some big mule deer that are seen in this area as well.
Property Features:
- 1 ½ hours southwest of Garden City, 4 hours west of Wichita, 5...
- 1 ½ hours southwest of Garden City, 4 hours west of Wichita, 5 ½ hours southeast of Denver, CO
- Made up of Shore loam class II, Atchison loam, and Wagonbed silty clay loam class III soils
- Fantastic area for dryland farming with exceptional farming in the area
- 428.88 total acres enrolled in CRP offering a good source of income for the owner. There are 3 separate contracts, one expiring in 2021 paying $7,961 on 239.8 acres, and two expiring in 2026, one paying $5,436 on 142.94 acres and the paying $1,631 on 46.14 acres
- Approximately 189 acres just recently enrolled in CRP
- Great habitat for upland game and occasional big deer
- Minerals do no transfer to the buyer
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