2 – 35+/- Acre Tracts Brookings County, SD Land Auction
Friday, May 29th at 11:00am CT
Live auction with online bidding
Directions From Brookings, SD to Tract 1: Head South out of Brookings on SD HWY 77/South Main Avenue and turn West 32nd Street South. Go West for 3 miles and turn South on 469th Avenue. Tract 1 begins on the East side of the road.
Snapshot:
Location! Location! Location!
Just 1 Mile Outside of Brookings City Limits.
Potential to Build Your New Country Home!
Rec Land with CRP & Hayland.
¾ Mile East of Big Sioux River.
2 Waterways & a Dugout.
Brokers Notes:
Location! Location! Location! This unique property features two tracts totaling 70± acres, each tract consisting of 35 surveyed acres and is ideally situated just 1 mile outside of Brookings city limits. As potential buildable acreages, this land offers the perfect balance of county living with convenient access to town. With an overall soil productivity index of 61.8%, these two tracts feature income producing qualities with a combined 43.81 acres currently in hay production and 26.19 acres under a CRP contract returning $175.89/acre and 18± acres of virgin sod in tract 2. FSA reports a total of 43.81± Cropland acres with 19.36± total base acres comprised of a 19.36± acre Corn base with a 119 bu PLC yield. This property also offers loads of possibilities for outdoor enthusiasts with 2 natural waterways, a dugout, and the Big Sioux River located ¾ of a mile South for flyways, ground cover and water sources for the wildlife corridor. With land that contains all this potential, this property would be an investment to last for generations to come. Take Advantage of this opportunity and bid to buy May 29th!
Terms - Closing to take place on or before June 30, 2026. Full possession on the hayland to be given March 2nd, 2027 as this hayland is currently leased through March 1st, 2027. Buyer to assume the CRP contract(s) at closing and will receive full CRP payments starting in the Fall of 2027 if eligible through the FSA office. Upon acceptance of the sale by the seller, a non-refundable earnest money deposit equal to 10% will be due at the conclusion of the sale. If the buyer is not immediately available at the conclusion of the auction, the purchase agreement and non-refundable earnest money deposit must be completed within 24 hours from the close of the auction. The balance will be due at closing. Merchantable title will be conveyed, and title insurance cost will be divided 50/50 between the buyer and seller. Closing costs are to be split 50/50 between the buyer and seller. The 2025 RE Taxes due and payable in 2026 will be paid by the seller. 2026 RE taxes due and payable in 2027 will be split 50/50 between the buyer and the sellers. The seller does not warranty or guarantee that existing fences lie on the true boundary, and any new fencing will be the responsibility of the purchaser pursuant to SD statutes. No warranty is made or implied for the property boundaries, mineral rights owned, or water supply. Any mineral rights currently owned by the seller will pass to the buyer, however, the seller does not warranty or guarantee any. FSA yields, bases, payments, and other information are estimated and not guaranteed, and are subject to County Committee Approval. Information contained herein is deemed to be correct but is not guaranteed. Sold subject to existing easements, restrictions, reservations, or highways of record, if any, as well as any or all Brookings County Zoning Ordinances. The RE licensees in this transaction stipulate that they are acting as agents for the seller. A survey/plat will not be provided and will be the buyers responsibility if needed or requested. This is a cash sale. Property is sold “as is”. This sale is subject to Seller Confirmation. This property is subject to a 5% buyer premium. Purchaser shall cooperate with Seller on signing documents and coordination of facilitating an IRS 1031 Exchange if Seller participates in such Exchange. Announcements made day of sale take precedence over any written materials. Not responsible for accidents. Tracts will be offered individually and as a unit. Purchase Agreements will be signed according to how the bids were placed at auction.
225.72+/- acre McCook County, SD land auction. This property features a strong majority of Class II soils with 150± acres carrying 82% Soil Productivity Index and higher, with an overall Soil PI of 78%. FSA reports a total of 219.10 cropland acres. Conveniently located just under 5 miles from Canistota, South Dakota, this land offers efficient farming practices with nearly level topography, ¾ mile rounds, and a waterway for potential future tile projects. Live auction with online bidding.
