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WRITTEN BID LEASE: 312.83 +/- Crop Acres - Pembina County, ND

WRITTEN BID LEASE: 312.83 +/- Crop Acres - Pembina County, ND 
Property Details (ID# 4139)
Date/Time
Fri Dec 11 5:00 PM CST
Property Location
Drayton, ND
County
Pembina
Size
1 Parcels
Contact
Morgan Almer, 701.212.5115

 

WRITTEN BID LEASE AUCTION

312.83 +/- Crop Acres - Pembina County, ND

Written Bids Due By:

Friday December 11, 2020 – 5:00 p.m. (CT)

 

Mail, Fax or Email Bids to:

Pifer’s Land Management

Attn: Morgan Almer: Key Family Special Needs Trust

1506 29th Ave. S

Moorhead, MN 56560

FAX: 218.477.1969

morgan@pifers.com

(bid forms are available for download above)

 

Auction Note: Pifer’s Land Management is seeking sealed bids for the 2021-2023 crop seasons. This property consists of 312.83 +/- acres of excellent cropland with a Soil Productivity Index (SPI) of 85.7. The property is 11 miles north of Drayton, ND and is adjacent to I-29. Highest written bids will be invited to raise their bids via phone on Monday December 14th at 10:00 a.m. The owners and Pifer’s Land Management is seeking a long-term tenant with strong farming and stewardship practices.

The successful bidder will have possession upon signing of the lease by owner and tenant.  Bids will be submitted on an annual dollar per acre basis. 

 

Contact:  Morgan Almer at 701.212.5115, (morgan@pifers.com) or Pifer’s Auction & Realty at 218.477.1968 for more information or a bid form (bid forms are available for download above).

 

Driving Directions: At Exit #193 north of Drayton, ND, go west on 86th St. NE for a 1/4 of a mile to 160th Ave. NE. Go north on 160th Ave. NE for one mile. Once 160th Ave. NE curves into 87th St. NE, this will put you at the SE corner of the property.

 

 

Property Information:

Legal: S1/2  15-160-51, Lincoln Township

Crop Acres: 312.83 +/-

This property features 312.83 cropland acres with excellent SPI of 85.7.  

 

 

ONWER: Key Family Special Needs Trust

 

 

Bidding Procedure:

  1. All written bids must be received before 5:00 p.m. (CT) on Friday, December 11, 2020.
  2. Written bids will be submitted on an annual per acre basis.
  3. All written bids must be accompanied with a 3-year farming plan, including but not limited to, crop rotation, normal chemical and fertilizer application, NO sugar beets will be planted the last year of the contract. The stewardship/farming plans are important to the landowner (s) and will play an important role in the final decision when awarding the contracts.
  4. The top written bids will be invited to the Oral Bidding and will have an opportunity to raise their bid at a time and place designated by Pifer’s Auction & Realty. Oral Bidding will be December 14, 2020, at 10:00 a.m. (CT).
  5. The winning bidder will (upon Landowner acceptance) receive a lease agreement provided by Pifer’s Land Management.
  6. Bidders are bidding on a 3-year lease agreement. The agreement will begin at the signing of the contract and terminate December 31, 2023.  
  7. Annual rent will be due on or before March 1st each year of the lease agreement.
  8. The awarded bidder must provide a letter of good standing from their financial institution.
  9. The Landowner reserves the right to accept or reject any and all bids.
  10. All statements made the day of the Oral Bidding take precedence over all printed materials.

Mail, Fax or Email Bids to:

Pifer’s Auction and Realty

Attn: Morgan Almer: Key Family Special Needs Trust (Landowner)

1506 29th Ave S

Moorhead, MN 56560

FAX: 218.477.1969

morgan@pifers.com

312.83 +/- Crop Acres - Pembina County, ND
Acres: 312.83