ROI Potential – Oil Wells, Farming & Wind – 800 ac. Noonan, ND
Here is a rare opportunity to buy a one ninth share of 800 acres of farmland (undivided interest) south of Noonan, ND. The 800 acres is broken into 2 parcels; 640 acres are contiguous while the remaining 160 acres is only 2 miles from the 640 acres. The owner’s mineral rights to the 640 acre parcel will convey in this sale and includes two producing oil and gas wells. Additional revenue from the property includes income from the current farmer who cash rents the 800 acres. The annual revenue for the owner’s share of the land to include royalties for the two oil and gas wells and the cash rent from the farmer has generally been over $5000 per year. The current owners have documentation for the cash rent and well revenue. Additionally, this land is located directly in the middle of the western ND waterfowl flyway. Owning these 88.8 acres would allow the buyer full access to 800 acres of hunting on some of the best waterfowl property in North Dakota with many significantly-sized bodies of water throughout the local area to include some directly on the property. The property is also excellent for pheasant hunting as well as deer hunting. Park your camper on the land for the hunting season! Build your duck and goose blinds! Please call us anytime with any questions.