An opportunity to purchase a nice pivot irrigated quarter located 6 miles southwest of Wallace, NE on Padgett Road and Parker Road.

Highlights of the farm include:

Very good county gravel road access
160+/- taxed ASSESSED acres
132 Middle Republican NRD certified irrigated acres
Electric powered irrigation pumping systems
Good productive soils
Strong tenants in area for investor Buyer
Multiple commodity marketing opportunities
PRICE: $1,125,000.00 SOLD & CLOSED 2026.04.21

This opportunity is located southwest of Wallace, NE in southwestern Lincoln County in an area of quality pivot irrigated farms. Good county road access and productive soils make this farm something to consider.

Commodity marketing opportunities in the region include an delivery point at Grainton and Wallace, ethanol production plants at Madrid and Trenton and 4 large cattle feeding facilities with a total capacity of over 200,000 head.

Farm is leased out for 2026 and Buyer can received the 2026 income with a timely closing.

IRRIGATION EQUIPMENT AND SOILS

The pivot irrigation system is an older (7) tower Zimmatic center pivot watering 132 certified irrigated acres, a 100 hp electric motor and Sargent irrigation pump. There is an electric submersible pumping system at the pivot point for stock water when grazing the crop aftermath.

Registered NE Irrigation well G-071788 with 132 Middle Republican NRD certified irrigated acres was drilled in 1989 to 543’, static water at drilling was 230’.

The pivot irrigated cropland soils consist of 55% Class III Keith, Hersh and Holdrege and Uly silt loams with 6-11% slopes and 45% Class II Holdrege and Hord silt loams with 0-3% slopes. The productivity of the soils is very good, the slopes are what lowers the classification.

MIDDLE REPUBLICAN NATURAL RESOURCES DISTRICT

Irrigation Water Management

Wallace Pivot Irrigated Farm is located in the Middle Republican Natural Recourses District (MRNRD) which is responsible for the ground water management in the region. There is a limit to the amount of irrigation water that can be pumped that is set by the MRNRD. The current pumping restriction period is Jan 1, 2023 - Dec 31, 2027.