Property Description80± acres located 3.5 miles south of Loma ND, in Billings Township, Cavalier County. The property features recreational and hunting opportunities, 45.18 acres enrolled into an income-producing CRP contract plus 12.4 base acres in USDA Ag Risk Coverage, as well as additional income opportunities through beehive rentals. Wildlife include, deer, upland game, waterfowl, and fur bearer. The land has great access being located on a wide gravel road. The acres enrolled in CRP also have excellent production potential with a Soil Productivity Index of 60.7. This land is subject to a U.S. Fish & Wildlife easement. However, it does not have a 30 year Wetlands Reserve Program (WRP) easement, as the other three 80’s in the same half section have. CRP Contract Information: Total 2020 Payment $3,288.00 Annual Payment: $2,896.00 Payment per Acre: $64.09 (Plus variable annual Ag Risk Coverage payment: $392.00 in 2020) Contract Expiration: 9-30-2026 Owner received an upfront PLOTS payment of $7,765 in July 2017 for a 9 year contract expiring 9-30-26 based on $6/acre per year for CRP acres and $17/acre for wetland and non-CRP acres. Per the ND Game and Fish Dept., the current rate for CRP access has increased to $10/acre per year. The new owner would be eligible to apply for a new upfront PLOTS payment before 10-1-2026 (for 10 years if CRP renewal).
Wendell grew up on his family farm in Benson County, North Dakota. He received his Bachelor's & Master's degrees in Agricultural Economics from North Dakota State University. He then started his 40 year career with Wells Fargo as a Farm Manager before becoming the Vice President and Senior Trust Administrator. Wendell's experience with family trusts and deep understanding of agricultural land has made him a tremendous asset for all of his clients. Wendell and his wife Sue reside in Fargo. They love traveling to visit their kids and grandkids, and are passionate fans of the NDSU Bison! Wendell is a licensed Real Estate Salesperson in North Dakota and Minnesota.