Columbia County, WA
Walla Walla County, WA


6,608.30 Acres M/L
AUCTION

Listing #16972

Adam Woiblet
AgriBusiness Trading Group
509.520.6117
Adam@AgTradeGroup.com

PROPERTY INFO

Description

Agribusiness Trading Group and Peoples Company are pleased to announce that four, noncontiguous tracts of dryland farm ground will be made available and sold via a sealed bid offering. This portfolio of farms may be purchased individually or in any combination of farms. All bids will be due by Tuesday, August 29 @ 4:00 PM (PT).

This portfolio of premium dryland farms consists of three farms located in Columbia County, Washington, and one in Walla Walla County, Washington. Farm ground located in the foothills of Washington State’s Blue Mountains is highly sought after and well known for its high rainfall which allows for a continuous crop rotation of grain and legumes and production of very high yields.

Bordered by the Snake River to the north and the Columbia River to the west, this collection of farm assets is ideally situated in the heartland of Washington State’s premier grain production area. This region is well known for producing high-quality grain that is primarily shipped via barge to Portland, Oregon on its way to the export markets overseas. High-value farmland in this area is a tightly held asset with ownership often transferring from generation to generation and rarely coming up for sale to the public. These farms would be a great addition to an existing farm operation or a smart investment for a Buyer looking to diversify their asset portfolio.

For more information, please visit: https://palousefarmlandsale.com/

To request a full information package and access to the data room, please contact Adam Woiblet or Steve Bruere.

Legal Description

Exact legal descriptions to be taken from the Title Commitment.

  • Sign On Property: Yes
  • General Area: North of Walla Walla, WA
  • Auction Date: Aug 29, 2023
  • Possession: At Closing, Subject to Tenant's Rights
  • Terms: Cash/Conventional

Directions

Directions for each farm are located in the individual tract sections.


Auction Details

Sealed Bids, in written or electronic format, for the Property will be due no later than 4:00 P.M. PST, on August 29, 2023. For more information, please contact the agents.


Tract 1 - Kellogg Hollow & Thorn Hollow Road, McKay, WA 99328

Description

The Thorn Hollow Farm consists of 2,080.89 m/l deeded acres with approximately 1,813.44 cropland acres per the Farm Service Agency (FSA), of which 25.08 acres are currently enrolled in the Conservation Reserve Program (CRP). The farm is located west of Dayton, Washington in an area that receives 18-20 inches of rainfall per year, per the NRCS. Primary soil types include Athena and Walla Walla silt loam.

This farm has been operated by a well-respected local tenant for several years under a cash-rent lease, which expires on October 1, 2025. The terms of the lease include a base rent due in two installments, an additional rent amount that is only due if the gross proceeds per acre reach a certain threshold and a rental payment for the CRP acres. The Tenant is responsible for all operations costs while the Landlord is responsible for all property taxes.

The historical crop rotation has included winter and spring wheat varieties and legumes, such as dry peas. The farm has been operated under an annual crop rotation, usually with 100% of the farm in production each year using typical farming practices for the area. APH records show an average annual approved yield, since 2013, of 94 bushels per acre for winter wheat crops and a county T-yield of 73 bushels per acre for the area within which this farm lies.

Conservation practices have been actively applied to the farm with the establishment of permanent introduced grasses and legumes (CP-1) on 14.75 acres, which expire on September 30, 2026, and permanent native grasses (CP-2) on 10.33 acres, which expire on September 30, 2023. The Tenant receives the entire CRP payment and is responsible for all installation and mid-management activities.

The current tenant would welcome the opportunity to continue to lease and operate this farm for a new owner on a long-term basis. There are no structures located on this farm.

*Contact agents for more information regarding the lease terms, CRP payment, etc.

Details
  • Acres: 2080.89 Acres M/L
  • Net Taxes: $11,400.92

Directions

Directions from Walla Walla, WA: 

Travel northeast on US Highway 12 for 17 miles, turn left, and travel east on Preston Avenue for 1 block. Turn right and travel north on Main Street for .25 miles before turning left on Bolles Road. Travel west on Bolles Road for 1.75 miles before turning right and heading north on Mckay Alto Road. Travel north on Mckay Alto Road for 5 miles and then turn right on Kellogg Hollow Road. Travel east on Kellogg Hollow Road for 2.5 miles and the Thorn Hollow Farm will be on both sides of the road.


Tract 2 - Highway 124, Lamar, WA 99348

Description

The Lamar Farm consists of 3,658.74 m/l deeded acres with approximately 2,654.03 cropland acres per the FSA, of which 237.66 acres are currently enrolled in the Conservation Reserve Program (CRP) and 18.47 acres are currently enrolled in the Conservation Reserve Enhancement Program (CREP). This farm is located northwest of Walla Walla, Washington in an area that receives 13-14 inches of rainfall per year, per the NRCS. The primary soil type is Ritzville silt loam.

This farm has been operated by a well-respected local tenant for several years under a cash-rent lease, which expires on September 1, 2025. The terms of the lease include a base rent and an additional rent that is only due if the gross proceeds per acre reach a certain threshold. The Tenant is responsible for all operations costs while the Landlord is responsible for all property taxes.

The historical crop rotation has consisted of winter wheat varieties and the farm has been operated under a summer fallow rotation with approximately 50% of the farm in production each year using typical farming practices for the area. APH records show an average annual approved yield, since 2018, of 72 bushels per acre for winter wheat crops and a county T-yield of 70 bushels per acre for the area within which this farm lies.

Conservation practices have been actively applied to the farm with the establishment of permanent native grasses (CP-2) on 237.66 acres, which expire on September 30, 2023, and riparian tree buffers (CP-22) on 18.47 acres, which expire on September 30, 2027. The Tenant receives the entire payment for these contracts and is responsible for all installation and mid-management activities on these acres.

According to Walla Walla County Assessor records, there are 3 buildings located on the property and included in the sale of this farm. There is a 4,000 +/- square foot Quonset building, a 1,200 +/- square foot shop building, and a 3,072 +/- square foot implement shed.

The current tenant would welcome the opportunity to continue to lease and operate this farm for a new owner on a long-term basis.

*Contact agents for more information regarding the lease terms, CRP payment, etc.

Details
  • Acres: 3658.74 Acres M/L
  • Net Taxes: $12,967.50

Directions

Directions from Walla Walla, WA:

Travel north out of town on Highway 125 for approximately 17 miles before turning left and heading west on Highway 124. Travel west on Highway 124 for approximately 7 miles and turn left on Lyons Ferry Road. Travel south a short distance before turning into the farm driveway/easement immediately after the bridge.


Tract 3 - Highway 12 & Sorghum Hollow Rd, Varna, WA 99328

Description

The Park Farm consists of 297.05 m/l deeded acres with approximately 272.32 cropland acres per the FSA, of which 10.10 acres are currently enrolled in the Conservation Reserve Program (CRP). The farm is located northeast of Waitsburg, Washington in an area that receives 16-18 inches of rainfall per year, per the NRCS. Primary soil types include Walla Walla and Athena silt loam.

This farm has been operated by a well-respected local tenant for several years under a 70%/30% crop-share lease, which expires on September 30, 2025. The Landlord receives 30% of the crop each year and is not responsible for any input costs to the crop. The Landlord does pay property taxes and their share of crop insurance and marketing costs for their portion of the crop. The tenant pays for all operations and input costs for the farm.

The historical crop rotation has consisted of winter and spring wheat varieties with an occasional legume and the farm has been operated under an annual crop rotation, usually with 100% of the farm in production each year using typical farming practices for the area. APH records show an average annual approved yield, since 2013, of 96 bushels per acre for winter wheat crops and a county T-yield of 89 bushels per acre for the area within which this farm lies.

Conservation practices have been actively applied to the farm with the establishment of permanent, introduced grasses and legumes (CP-1) on 10.10 acres. The CRP contracts expire on September 30, 2031. The Tenant receives the entire CRP payment and is responsible for all installation and midmanagement activities on these acres.

There are no structures located on this farm.

The current tenant would welcome the opportunity to continue to lease and operate this farm for a new owner on a long-term basis.

*Contact agents for more information regarding the lease terms, CRP payment, etc.

Details
  • Acres: 297.05 Acres M/L
  • Net Taxes: $2,107.97

Directions

Directions from Walla Walla, WA:

Travel northeast on US Highway 12 for 17 miles before turning right in Waitsburg, WA, and continuing northeast on Highway 12 for another 4 miles. Turn left and head north on the farm driveway/easement to reach the Park Farm.


Tract 4 - Gallager Road & Lower Hogeye Road, Huntsville, WA 99328

Description

The Hogeye Farm consists of 571.62 m/l deeded acres with approximately 545.85 cropland acres per the FSA. The farm is located east of Waitsburg, Washington in an area that receives 16-18 inches of rainfall per year, per the NRCS. The primary soil type is Walla Walla silt loam.

This farm has been operated by a well-respected local tenant for several years under a 70%/30% crop-share lease for all commodities, except peas which are at an 80%/20% crop share. The current lease expires on September 30, 2025. The landowner receives 30% of the grain crop each year and does not pay any input costs except in years where a second application of fungicide is required, then the Landlord shares in the cost of purchasing chemicals at a rate equal to their crop share. In addition, the Landlord pays property taxes and their share of crop insurance and marketing costs for their portion of the crop. The tenant pays for all operations and input costs for the farm subject to the terms of the lease.

The historical crop rotation has consisted of winter wheat varieties and legumes such as dry peas and the farm has been operated under an annual crop rotation, usually with 100% of the farm in production each year using typical farming practices for the area. APH records show an average annual approved yield, since 2018, of 94 bushels per acre for winter wheat crops and a county T-yield of 89 bushels per acre for the area within which this farm lies.

There are no structures located on this farm.

The current tenant would welcome the opportunity to continue to lease and operate this farm for a new owner on a long-term basis.

*Contact agents for more information regarding the lease terms, CRP payment, etc.

Details
  • Acres: 571.62 Acres M/L
  • Net Taxes: $4,482.77

Directions

Directions from Walla Walla, WA: 

Travel northeast on US Highway 12 for 17 miles before turning right in Waitsburg, WA, and continuing northeast on Highway 12 for another 1.5 miles. Turn right and head east on Lower Hogeye Road for .75 miles and the Hogeye Farm will be on the north side of the road.


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