Grand Forks County, North Dakota

LAND FOR SALE

Grand Forks County, North Dakota

160 +/- Acres in Ferry Township

Sealed Bid Sale Deadline:

1:00pm (Central Time) Tuesday, July 16, 2019

LEGAL DESCRIPTION

Grand Forks County, Ferry Township
NW1/4 Section 33, T153 R51

LAND LOCATION

From the intersection of Interstate 29 and U.S. Highway 2 in Grand Forks, 4.8 miles west on U.S. Highway 2 to Grand Forks County Highway 5; six miles north to 17th Street NE; 0.9 miles west and one- half mile north will place you at the southwest corner of the property.

BROKER’S COMMENTS

CRP payment and 2019 real estate taxes shall be prorated through closing. Buyer shall receive subsequent CRP payments through the balance of the contract. Buyer agrees to do all things necessary to keep the property qualified under that CRP contract and shall indemnify the Seller for any amounts that the Seller must repay under the contract if Buyer takes the property out of the CRP program or the contract is otherwise terminated due to action or non-action of Buyer. Buyer to complete mid-contract management in August 2022.

PROPERTY INFORMATION

160 acres / 154.8 CRP acres

2018 DISCOUNTED REAL ESTATE TAXES

$881.40 (includes $150 special assessments)

FSA INFORMATION

154.8 acres enrolled in Conservation Reserve Program (CRP) until September 30, 2027 at $58.97 rental rate per acre with an annual contract payment of $9,129.

Disclosure: Information gathered from sources deemed reliable. Acres & Shares, LLC does not guarantee its accuracy. Interested Buyers should complete personal due diligence regarding the property.