REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 350,000
Est. payment | /mo
$ 350,000
Est. payment | /mo
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Property Description
369 ACRES
Investment Opportunity with Reasonable Rate of Return previously Organic Farm Ground
Are you looking for an affordable investment opportunity with very little input and reasonable rate of return? Farm ground is in demand and this 369+/- acre parcel, previously organically farmed, just went into CRP in 2023. The 10-year CRP contract expires in 2033 and applies to the 322+/- previously cropped acres at a rate of $32.79/acre, for a total annual payment of $10,588/year for the duration of the 10-year contract. The property is located just off Regina Road south of Malta, Montana, with written and recorded access easement in place. There are no improvements however 1 pit on the property holds water year-around. The property is perimeter fenced and is currently utilized as grazing for cattle. Property taxes in 2023 were $152.35.
Conservation Reserve Program (CRP) - A USDA Farm Service Agency Program
CRP is a land conservation program administered by the Farm Service Agency (FSA). In exchange for a yearly rental payment, farmers enrolled in the program agree to remove land from agricultural production and plant species that will improve environmental health and quality. Contracts for land enrolled in CRP range from 10 to 15 years in length. The long-term goal of the program is to re-establish valuable land cover to help improve water quality, prevent soil erosion, and reduce loss of wildlife habitat.
Signed into law by President Ronald Reagan in 1985, CRP is one of the largest private-lands conservation programs in the United States. Thanks to voluntary participation by farmers and landowners, CRP has achieved significant goals in conservation and sustainability. More than 5 million acres are entering CRP in 2023, surpassing the 3.9 million acres expiring this year.
Link to Map: https://id.land/ranching/maps/0c28ba72d78e06aa54180a1bb89b1b45/share
Investment Opportunity with Reasonable Rate of Return previously Organic Farm Ground
Are you looking for an affordable investment opportunity with very little input and reasonable rate of return? Farm ground is in demand and this 369+/- acre parcel, previously organically farmed, just went into CRP in 2023. The 10-year CRP contract expires in 2033 and applies to the 322+/- previously cropped acres at a rate of $32.79/acre, for a total annual payment of $10,588/year for the duration of the 10-year contract. The property is located just off Regina Road south of Malta, Montana, with written and recorded access easement in place. There are no improvements however 1 pit on the property holds water year-around. The property is perimeter fenced and is currently utilized as grazing for cattle. Property taxes in 2023 were $152.35.
Conservation Reserve Program (CRP) - A USDA Farm Service Agency Program
CRP is a land conservation program administered by the Farm Service Agency (FSA). In exchange for a yearly rental payment, farmers enrolled in the program agree to remove land from agricultural production and plant species that will improve environmental health and quality. Contracts for land enrolled in CRP range from 10 to 15 years in length. The long-term goal of the program is to re-establish valuable land cover to help improve water quality, prevent soil erosion, and reduce loss of wildlife habitat.
Signed into law by President Ronald Reagan in 1985, CRP is one of the largest private-lands conservation programs in the United States. Thanks to voluntary participation by farmers and landowners, CRP has achieved significant goals in conservation and sustainability. More than 5 million acres are entering CRP in 2023, surpassing the 3.9 million acres expiring this year.
Link to Map: https://id.land/ranching/maps/0c28ba72d78e06aa54180a1bb89b1b45/share
Location
State MT
Listed by Carly Bishop • Northwest Realty and Auction
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "