SEALED BID AUCTION - SALMON FALLS FARM - IRRIGATED FARM ASSET FOR SALE
Located in the beautiful Magic Valley, this irrigated farm asset is comprised of 1,609.22 +/- deeded acres near Buhl, Idaho in the south-central portion of the state. The region got its name as the construction of dams and irrigation canals in the 1910s ‘magically’ transformed what many considered to be a nearly uninhabitable area into some of the most productive farm ground in the Pacific Northwest.
There are 1,388.09 tillable acres per the Minidoka County Farm Service Agency, that serves this farm, and all tillable acres are under a lease, through 2023, to a local farmer under a cash rent agreement. This farm has historically been farmed under an annual crop rotation, using typical farming practices for the area. The primary crops grown on this farm have included potatoes, barley, and sugar beets. The tenant is responsible for all farming costs, including utilities and pumping costs; the landowner pays all property taxes and assessments from the irrigation water district that serves the property.
Water rights are primarily served via surface water from Salmon Falls Creek, a tributary of the Snake River. Water is pumped from district canals via a farm-owned pumping station to a transfer lagoon, where booster pumps then pump the irrigation water to pivots in the fields.
There is a 1,452 +/- square foot dwelling, built in 1975, a 2,160 +/- square foot steel utility building, and one grain bin included in the sale of this property. Per the Twin Falls County Planning & Zoning Department, the property is in an ‘Agricultural Range Preservation Zone’ with a 160-acre minimum parcel size.
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To view Drone Footage of this property, CLICK HERE
To view the Offering Website, CLICK HERE
For more information and to request the full information package, please contact Adam C Woiblet: 509-520-6117, firstname.lastname@example.org or Steve Bruere: 515-222-1347, email@example.com
Access to the data room containing full information on the leases, buildings, etc. will be granted upon execution of a Non-Disclosure Agreement.