Sold! 1,789 Acres of Kansas Farmland for $765 Per Acre
March 5, 2009 by Eric OKeefe
Nebraska’s York College sold off a 1,789-acre bequest in Ellis County, Kansas. The college got $1.369 million ($765 per acre) at the January auction and retained the mineral rights.
Of note is the fact that 1,760 acres are subject to a wind lease with Hays Wind, which is controlled by Iberdrola Renewable Energies. Iberdrola has been granted a conditional-use permit to construct a 200-megawatt wind farm south and west of Hays, Kansas.
The acreage had been willed to the college by Donald Kraus, an Ellis County resident, but college officials reported that York wasn’t interested in going into the farming business. The auction was conducted by Farm & Ranch Realty.
Read more at:
“Neb. College Sells Land in Proposed Wind Farm Area,” Hays Daily News, February 2, 2009.
More Field Reports From The Land Report:- Nebraska Governor to Address Wind Conference
Gov. Dave Heineman is slated as one of the keynote speakers next month at the Nebraska Wind Power 2009 Conference. Scheduled for Nov. 9-10 in Kearney, the conference will... - Northeastern Landowners Get $165M For Natural Gas Rights
A coalition of landowners in one of the country’s emerging natural gas hot spots has reached an agreement to lease 30,000 acres to Fortuna Energy for natural gas drilling... - Sold! “Nicest Lakefront Property in East Tennessee”
Update: According to Chip Miller of NAI Knoxville, the Fort Loudon Lake property sold Saturday morning for $26.5 million to Bryan Testerman of Testerman Construction. That’s $54,000 per acre.... - Danish Pension Fund Buys 90,000+ Acres in New York
Published reports indicate that the Adirondack Chapter of the Nature Conservancy has sold 90,593+ acres of the former Finch Paper holdings to a subsidiary of the Danish pension fund ATP.... - Sold! Steamboat’s Perry Ranch
A well-known Rocky Mountain landmark, Colorado’s 470-acre Perry Ranch, sold for $11 million ($23,000+ per acre). The sellers paid $13 million for the Routt County ranch in 2007 intending...
News Feed
