160+/- Acre Grant County, OK Land Auction

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Description

160+/- Acre Grant County, OK Land Auction

Tuesday, April 28th at 10:00am CT

Wakita Town Hall / Former Fire Station

116 Main Street - Wakita, OK 73771

Live auction with online bidding

 

Questions: Call / Text Josh Bellamy at (580) 748-0787 or the office at (580) 596-3838

Bellamy & Co. Real Estate & Auction is pleased to offer this highly productive quarter-section of Grant County cropland located in a strong agricultural region of northern Oklahoma.

Legal: NW/4 of Section 2, Township 27 North, Range 7 West, Grant County, Oklahoma (Surface Rights Only).

Directions: From the 132 / 11A junction, travel north on 11A approx. 2 1/2 miles north on 11A, the farm is located next to the highway on the East side.

Property Preview: Please view the property during daylight hours.

Possession: Following the completion of the current crop.

Tract Information: This tract contains approximately 160.59 acres, nearly all of which is in cultivation, offering buyers an excellent opportunity to acquire a productive and well-maintained farm with strong soil quality and income potential.

FSA Information: The Farm Service Agency shows the following information:

Tract #v988 (Grant County, Oklahoma)

Legal Description: NW/4 of Section 2, Township 27 North, Range 7 West
Grant County, Oklahoma

Total Acres: 157.32±
Cropland Acres: 156.92±
DCP Cropland: 156.92±

Base Acres & Yields:

  • Wheat Base: 124.99 acres
  • PLC Yield: 37 bu/ac

Conservation / Compliance:

  • HEL Status: NHEL (Non-Highly Erodible Land)
  • Wetland Status: No wetlands present
  • Conservation Programs: None reported (no CRP, WRP, GRP)

Soil Information: This farm is comprised primarily of Kirkland Silt Loam soils, widely regarded as a dependable soil type in Grant County for row crop and wheat production.

Key characteristics include:

  • 160.59 total acres
  • Approximately 96% tillable
  • Average NCCPI: 53.9 (above county average of 51.6)
  • Gently rolling terrain with approximately 0.5% slope
  • Strong crop production history, including cotton, soybeans, and winter wheat

These soils and field characteristics provide an excellent foundation for continued agricultural production.

Crop & Production History
Recent cropping activity in the area includes:

  • Cotton
  • Soybeans
  • Winter Wheat

Income Potential
The farm is currently under an agricultural lease, which provides:

  • Base annual cash rent
  • Additional bonus participation tied to crop profitability

Under the current structure, the landowner receives a base cash rent plus 25% of net crop profits after expenses, creating potential upside in strong production years while maintaining a steady base income.

The buyer will have the option to continue the lease or assume ownership of the farm upon completion of the current crop. 

Auctioneer’s Note: Quality quarter sections rarely come to market in this region. Whether you are an active producer, investor, or neighboring landowner, this property represents an excellent opportunity to acquire productive farmland with established income potential.

Terms: 10% Earnest Money Deposit at the signing of the contract. Seller to provide Marketable Title via Warranty Deed. Bidding is not contingent upon the Buyer securing financing; please have all financing in place before bidding. The property is sold as-is, without warranty (except for title). Please review all aspects of the property before bidding. The property will sell subject to the Seller’s confirmation at the time of the auction. Neither the seller nor the Auctioneer is responsible for any loss or delay in signal transmission related to online bidding. Online bidders must contact the Auctioneer at least 24 hours in advance to participate in online bidding. Any announcements made on the day of the auction supersede all previous advertising.

Auctioneer

Bellamy & Co. LLC

Cherokee, OK 73728

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Phone Number
580-596-3838
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