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Nebraska State Highway 2
Palmyra, NE 68418

$1 USD

Land For Sale  •  142.58 AC

Property Details

  • Property Type Land
  • Lot Size 142.58 AC
  • Zoning AG/ F1 Flex Districts
0 Walk Score

Description

Otoe County, Nebraska Online-Only Farmland Auction! - Mark your calendars for Thursday, June 12th with bidding concluding at 2:00 PM CST! 

Peoples Company proudly presents the Nash Farm, a 142.58-acre property near Palmyra, NE, in Section 31 of the North Palmyra Plat. Featuring 133.50 FSA cropland acres of primarily Class 3 soils, Wymore silty loam, and Pawnee clay loam, this farm is primed for strong agricultural productivity. Located along State Highway 2 in Otoe County, just southeast of Lincoln, Nebraska, it sits in a strong farming region with potential for future development. The property is currently zoned F1 (Flex District), which allows a wide range of commercial, residential, and industrial uses. There is one water Benefit Unit tap/hookup available onsite and active, which is supplied by Lancaster County Rural Water District 1. This is a valuable property asset as this rural water district has had a moratorium on new customers since 2021, and finding a large property with an active water tap in this location is a rarity. 

This property combines reliable agricultural returns with long-term investment potential. Don’t miss your chance to own a versatile asset with proven farming capabilities and future growth prospects in a prime location.

All future zoning and development information should be verified independently with the Otoe County Planning & Zoning Department prior to bidding. 
Legal Description

The Northeast Quarter (NE 1/4) of Section Thirty-one (31), Township Nine (9) North, Range Nine (9) East of the 5th P.M. less the 10.01 AC parcel, in Otoe County, Nebraska. Exact legal description to be taken from Title Commitment.
Directions

From Palmyra, NE, travel west on State Highway 2 for 2.75 miles.  Farm is located on the south side of State Highway 2 with access from North 2nd Road. Look for the Peoples Company signage.
Sign On Property: Yes
Parcel Number: 999553901
School District: District OR-1 - Bennet/Palmyra
General Area: Just West of Palmyra, NE
Net Taxes: $5,263.00
NCCPI: 57.0
Zoning: F1 (Flex District)

Additional Info

Farmland Information:
FSA Farmland Acres: 133.50
FSA Cropland Acres: 133.50
Corn: 35.28 Base Acres with PLC Yield of 141
Soybeans: 36.39 Base Acres with PLC Yield of 49
Wheat: 20.73 Base Acres with PLC Yield of 54
Total: 92.40 Base Acres

Property Flyers

Public Transportation

AirportDriveWalkDistance
Lincoln 35 min - 23.6 mi
Andrew Zellmer 712-898-5913 Peoples Company
Andrew Zellmer 712-898-5913 Peoples Company