
Listed by Peoples Company
$7,500,000
5050 Cutbank Creek Rd
Details
Property Type Land
Sub Type Farm, Ranch
Acreage 4186.070
Land | 4,186.07 acres
Marketing description
This offering is comprised of 3,384.00 +/- deeded acres and 802.07 +/- acres under a transferable DNRC lease for a total of 4,186.07 +/- acres. This collective farm consists of 5 separate, but closely situated, farms that are being sold as a single asset only. The offering is located northeast of Geraldine, in Montana’s Golden Triangle.
There is a total of 1,976.93 +/- cropland acres included, broken down as follows: 1,827.19 +/- deeded cropland acres per the Chouteau County Farm Service Agency and 149.74 +/- leased cropland acres from the State of Montana’s Department of Natural Resources and Conservation (DNRC). In addition, there are 2,192.43 +/- rangeland acres: 1,549.65 +/- deeded acres and 642.78 +/- leased DNRC rangeland acres.
The farm is currently operated under a verbal lease agreement with a local farm tenant. The tenant is responsible for all operations costs, while the landowner is responsible for all property taxes. The historical crop rotation has included winter wheat, barley, peas, and oil seeds. The cropland acres are operated under a three-year summer fallow rotation, with approximately 1/3 of the farm in fallow each year. The current tenant would welcome the opportunity to continue to lease and operate this farm for a new owner on a long-term basis.
The tenant runs approximately 75 pairs year-round on the rangeland acres. There are approximately 3 +/- miles of seasonal creek flow, 11 stock dams, and 3 +/- miles of water lines from a domestic well that feed 9 stock tanks. In addition, the creek and rangeland acres used for cattle grazing provide excellent habitat for upland birds, waterfowl, mule deer, and various other species, offering a great opportunity for hunting rights on the farm.
There is ample grain storage on-site, along with one residence, and numerous general-purpose buildings located on the property and included in the sale of this asset. The grain storage consists of 8 grain bins, which hold 125,000 +/- bushels, and 2 hopper-bottom seed bins, which hold 6,400 +/- bushels. There is a 6,720 +/- square-foot pole building, that is currently used as a barn/equipment shop, a 2,880 +/- square-foot Quonset, that is currently used as a shop, and a 1,456 +/- square-foot single-family residence. All of the buildings are currently occupied by the farm tenant.
Investment highlights
- Virtual Tour: https://www.youtube.com/watch?v=vSt4WCQ9YNA&embeds_referring_euri=https%3A%2F%2Fpeoplescompany.com%2F
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Listed by Peoples Company
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