Shell Bluff Farm in an operating cattle farm that has Six center pivots, miles of fencing and cross fence, four wells 2 of which are 16, single phase & 3 phase power and considerable timber. Property fronts on Shell Bluff Landing Road and Hwy 56 Spur. Property is being leased until 2021 or can be terminated. This is an excellent income producing opportunity for someone. We have refined this offering to enhance investment capability of this property. By taking out considerable area that is not irrigated land and cutting out most of the timberland, the cap rate is now considerably more attractive for investors. The adjoining parcels, as of the time of this post, are under contract but may possibly be available in the future.
2017 average yields provided by FSA for Burke County, GA irrigated & non-irrigated cropland is as follows: Corn: 171 Bushels Per Acre Soybeans: 43 Bushels Per Acre
Wells: G-08777 has Phase III power plant 16 and 500 9/30/12 200 HP 1200 Gal/Min Fairbanks Morse Line Shaft Turbine, Soft Start & Variable Drive Boxes G-10709 has Single Phase power 16 and 536 200 HP 1200 Gal/Min G-10811 is 6 and 280 A91-017-0085 is 8 and 300 Permitted but not installed
Farm has two permits for surface water from Boggy Gut Creek & Newberry Creek which are not currently being utilized.
Pivots: Manufacturer Year Model/Series Length Spans Serial # Valley 2013 7000 1054 5 11027617 Valley 2013 7000 1054 8 11037610 Valley 2012 8000 876 5 10884088 Valley 2012 8000 876 5 10884084
2 6 Tower Pivots
Property Breakdown: Cropland Irrigated 461 Ac +/- Cropland Non-Irrigated 142.5 Ac +/- Timberland 26.5 Ac +/- Total 630 Acres +/-
These acres are estimated and considered accurate but not guaranteed. A new survey would be required.
The information contained herein was obtained from sources deemed reliable, but no liability is assumed for errors or omissions. Purchasers are encouraged to independently evaluate all characteristics of the herein-described property. Notice to Brokers is posted on our website.
Status: Active, Under Contract Price/Acre: USD $ 3,690 Total Acres: 630 (+/-) Total Price: USD $ 2,325,000 County: Burke