Cortland, NE 68331 - Gage County

Land Auction: Laura Donovan, Maria Gough & John Cade Sellers

Tuesday, November 22 at 10:00 A.M. Cortland Community Center

60 +/- Acres Gage County Nebraska Land Auction

Legal Description: SEC 11-6-6 S 1/2 SE 1/4 EX RTY & 5.12 AC ROAD & EXC TR CONTAINING 11.82 AC TO VILLAGE OF CORTLAND, County Acres 60.03(Per Gage County Assessors Office)

PROPERTY FEATURES:

Perfect location for a commercial business looking for HIGH traffic counts passing by your store front daily

Exceptional crop land for investors and producers looking to ad a few more acres to the portfolio

Easy access to Lincoln or Beatrice at only 15 minutes from both

West side of property offer recreational hunting opportunity with deer sign seen throughout the wooded area

Nice spot for your County Dream Home with easy access off E. Ash Road and utilities already close by

FSA Information:

FSA Farmland = 60.03 estimated acres with 51.42 DCP Cropland

Base Acres = 50.4 (Soybeans 25.4 acres, Corn 25.0 acres)

Enrolled in ARC-County (PLC yield Soybeans 36 bushel, Corn 115 bushel)

2021 Property Taxes: $2786.14

Property Location: From the south edge of Cortland property starts approximately 1/4 mile on the west side Highway 77. From Hwy 77 & E. Ash Road, property is on the northwest and traveling west on E. Ash Road, property is on the north for 1/2 mile.

Terms & Possession: 10% down day of the sale, balance due at closing on or before December 22, 2022. Buyer to take full possession at closing, Tenant has signed a voluntary release of tenancy. . Sellers to pay 2022 property taxes. Title insurance, escrow and closing costs to be split equally between buyer and seller. Property to be sold as-is, where-is. All inspections should be made prior to the day of the auction. Sellers interest in mineral rights to transfer with the sale. This is a cash sale and is not subject to financing, appraisal, or inspection. Midwest Land and Home is acting as a Sellers Agent and represents the sellers interest. All information has come from reliable sources; however, potential buyers are encouraged to verify all information independently. Seller expressly disclaims any liability for errors, omissions, or changes regarding any information provided for these sales. Potential purchasers are strongly urged to rely solely upon their own inspections and opinions in preparing to purchase property and are expressly advised to not rely on any representations made by the seller or their agents. Smith Schafer Davis LLC, Attorney for the sellers, will prepare purchase contracts and will act as escrow, title & closing agent. Announcements made the day of sale will take precedence over all other information.