LAND AUCTION

160 +/- Acres - Kingsbury County, SD

Tuesday, November 5, 2024 11:00 a.m.

Auction Location: DeSmet Event Center (Conf. Center West) 705 Wilder Ln. SW - DeSmet, SD

Auction Note: Here is an opportunity to invest in South Dakota pastureland! With 160 +/- acres in Le Suer Township close to Bancroft, SD, and boasting a respectable average Soil Productivity Index (SPI) of 70.8, the property offers potential for various agricultural pursuits.

The soil composition, primarily Clarno-Ethan-Bonilla or Clarno-Bonilla loams, suggests fertility and suitability for pasture use. Good drainage and manageable slopes further enhance the land's usability. The fact that over 96% of the land has a history of being used as pasture reinforces its suitability for livestock grazing.

Additionally, the existence of an old homestead indicates the potential for residential development, particularly since there's an allocation for a possible building eligibility on 2 +/- acres. This could appeal to buyers looking to establish a rural residence while also engaging in agricultural activities. Waterfowl Management Easements exist on the property excluding 2 +/- acres on the west side of the property where there was an existing property. Maps and disclosure are included on our web site. Please refer to the easement agreement.

Moreover, the grassland easement covering much of the parcel underscores a commitment to conservation, which could be a significant factor for environmentally conscious buyers.

Overall, this property appears to offer a blend of agricultural potential, residential opportunity, and conservation value, making it a compelling investment prospect for those interested in South Dakota's pastoral landscapes.

Contact: Chris Bair at 605.271.7730 or Pifers Auction & Realty at 877.700.4099 for more information and for a complete catalog.

Property Information

Acres: 160 +/-

Legal: SW 28-112-57

Crop Acres: 152.23 +/- (Currently in Pasture)

Taxes (2023): $2,812.62

OWNER: Dean & Vicky Claassen Trust