Special offer

Lexington, NE Real Estate News

By Mike McCann Nebraska Land Broker, Farm & Commercial Property For Sale 308-627-3700
(Mike McCann - Broker, Mach1 Realty Farm & Commercial Land Broker-Auctioneer Serving Nebraska)
Just Listed: Ranch style 6-plex. 2 Bed units. 504 Monroe Street. Off street parking. East side of Lexington, NE.Excellent rent history. Tenants pay own utilities and the property expenses include the cost of property management. Sales Price:  $300,000.00 Still shows a 10.58% Net Operating Income.New roof and gutters in 2016.  New exterior paint in 2016 and some new siding in 2018.Built in 1977 and has been full of tenants for many years.All appliances are in working order.30 day Due Diligence period if needed. Close following Due Diligence. Bank letter confirming funds and/or loan ability required before viewing individual units.Seller will accept a contract that is contingent on viewing units dueing Due Diligence phase.This is an excellent unit for first time investors. If you are look...
Comments 6
By Mike McCann Nebraska Land Broker, Farm & Commercial Property For Sale 308-627-3700
(Mike McCann - Broker, Mach1 Realty Farm & Commercial Land Broker-Auctioneer Serving Nebraska)
CORN....King CORN!   Seeds of Gold!  The bins are full and it actually was another fantastic season in Nebraska farm country. I mentioned in an earlier blog that Nebraska has 26,000 Farmers producing over 1.52 BILLION Bushels of CORN this harvest season. Other interesting facts are the reduction in energy used to produce each bushel of CORN.  37% Less energy than 10 years ago. Soil Erosion is down 44% and goes hand in hand with that energy reduction since most Farmers are now doing a No-Till type of ConservationFarming where they do not plow under the old stalks of the previous crop. Interestingly, only about 13% of corn grown in the United States receives irrigated water. One nice thing in America is that approximately 95% of all farms are family owned. GPS isn't just for driving to Gr...
Comments 3
By Mike McCann Nebraska Land Broker, Farm & Commercial Property For Sale 308-627-3700
(Mike McCann - Broker, Mach1 Realty Farm & Commercial Land Broker-Auctioneer Serving Nebraska)
The numbers are coming in for the Nebraska corn crop and once again they are staggering. Did you Know: There will be about 1.52 BILLION Bushels of corn harvested in 2011 in Nebraska alone! The corn is what we call "field corn". The corn used for human consumption IS NOT this corn.  There are roughly 9 million acres of corn planted each year in Nebraska! Those acres remove 72 MILLION TONS of greenhouse gas from the atmosphere each year...or more than 9 million cars worth! There are about 26,000 farmers in Nebraska. There are roughly 66 MILLION cattle fed annually in Nebraska! That's a lot of steaks and hamburgers! The corn raised in Nebraska goes primarily to feed cattle, buffalo, hogs, chickens, and Ethanol. The numbers and information you hear on the national media about corn usage are...
Comments 5
By Mike McCann Nebraska Land Broker, Farm & Commercial Property For Sale 308-627-3700
(Mike McCann - Broker, Mach1 Realty Farm & Commercial Land Broker-Auctioneer Serving Nebraska)
Nebraska Hay in most parts of the state has had a very good growing season. With that said, there is pressure on the hay supply this year (2011) due to the ongoing droughts throughout the lower Midwest and Texas.  Check out the first link for possible sellers of Hay.  As always, make sure you are dealing with reputable dealers when you are buying any product...that includes Hay products. I am not a member of the Nebraska Alfalfa Association, however, I do know some of the members on a personal basis. My wife and I have said many prayers for the farmers and their families and those businesses and families that are affected by the droughts. http://www.nebraska-alfalfa.com/ http://www.ams.usda.gov/mnreports/wh_gr310.txt 
Comments 1
Explore Lexington, NE
Lexington, NE Real Estate Professionals