Skip to main contentSkip to navigation
1 / 79

Agricultural Land for Sale in Wallace, Nebraska

Fear Rd, Wallace, NE 69169

$15,000,000
1,598 acres
Active sale
ago
Est $106,446/mo

The property consists of 10 contiguous quarter sections of irrigated farmland three miles Northeast of Wallace. Its extensive irrigation infrastructure includes 10 center-pivot systems supported by 10 electric-powered irrigation wells. The registered wells have reported production ratings ranging from 750 to 1,000 gallons per minute, with an average registry-reported capacity of approximately 915 gallons per minute per well. Recorded well depths range from 216 to 400 feet, while the original static water-level measurements range from 86 to 120 feet. All 10 pivots are located within the Middle Republican Natural Resources District. With approximately 82% of the total property certified as irrigated, this farm offers the scale and infrastructure required for an efficient, high-capacity farming operation. Electric power enables streamlined irrigation management and potential operational advantages over fuel-powered pumping systems. Productive Growing Region and Strong End-User Demand The Wallace area is well suited for irrigated crop production. Southwestern Lincoln County's semi-arid climate, warm growing-season temperatures, abundant sunlight, and relatively low humidity-combined with dependable irrigation-create favorable growing conditions for corn, soybeans, alfalfa, grain sorghum, silage, and other forage and feed crops. Irrigation allows an operator to manage moisture during critical stages of crop development, reducing dependence on seasonal rainfall and helping provide more consistent production. The farm's 10 electric wells and center-pivot systems provide the foundation needed to take advantage of the area's climate and growing conditions. The property also benefits from its location within an active agricultural trade area. Local and regional cooperatives, grain elevators, feed yards, ethanol facilities, and livestock operations provide multiple potential outlets for grain and forage production. Livestock feeding creates particularly important demand for locally grown corn, silage, hay, and other feed ingredients. Oppliger Feeders is located in Wallace, with additional cattle-feeding operations situated throughout Lincoln County and the greater North Platte region. The concentration of livestock production provides area farmers with access to end users and additional marketing alternatives for both grain and forage crops. The farm is also positioned within reach of the established ethanol industry surrounding Sutherland and western Nebraska. Midwest Renewable Energy operates a dry-mill ethanol facility in Sutherland, providing another regional market associated with corn processing and livestock-feed coproducts. This combination of productive irrigated farmland and proximity to grain, ethanol, and livestock markets may reduce transportation distances, broaden marketing alternatives, and provide greater flexibility in deciding where and when to sell production. Grain Storage and Operational Improvements Two grain bins provide about 50,000 bushels of storage each, for roughly 100,000 bushels of combined on-site grain storage. This storage can improve harvest efficiency, reduce dependence on commercial storage, and give an operator greater control over the timing and delivery of grain. Storing production on the farm may also allow an owner to evaluate alternative markets and delivery periods instead of being required to move the entire crop directly from the field at harvest. With nearly 1,600 acres, 10 center pivots, 10 active registered irrigation wells, electric power, and substantial grain-storage capacity, this property is ideally suited for an established producer looking to expand, a large-scale operator seeking an efficient production unit, or an agricultural investor pursuing a significant income-producing land asset.

Location

Street address
Fear Rd
Zip code
69169
Elevation
3,127 feet
Coordinates
40.8802, -101.1011

Directions

From Wallace, travel 1 mile North on Highway 25 to Fear Rd. Turn east on Fear Rd. for 2 miles, then turn North for 1 more mile; the property will be on the North side of Fear Road.

Property details

Acreage
1,598 acres
MLS #
MyStateMLS 11979421
Posted

Property taxes

2025
$56,370

Listing history

DateEventPriceChangeSource
Sept 14, 2026New listing$15,000,000MyStateMLS
Subscribe to listing updates

Payment calculator

This 1,597.99-acre property is located at Fear Rd in Wallace, NE 69169. The land is available for sale, priced at $15,000,000 — $9,387 per acre.

Listed by American Legacy Land Company, (308) 991-9544

Checked 2 hours agoUpdated

Report listing issue

Copyright My State MLS All rights reserved. Information is deemed reliable but not guaranteed.

Contact listing agent Rules
By submitting, I agree to the terms of use and to be contacted by real estate professionals. Message and data rates may apply.
Contact