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Tract 2 of 3

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Date October 27, 2026, 11:00 am (America/Chicago)
Tracts 1 of 3
Type Live with online bidding
Tract Status Active
Auction Location Milbank Community Room, 1001 E 4th Ave, Milbank, SD 57252
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Tract 2 of 3


Description

Tract 2: Approximately 81.61 Acres of Productive Farmland

If you have been searching for productive Grant County farmland with strong soil ratings and a high percentage of tillable acreage, this approximately 81-acre tract near Stockholm deserves a close look. Featuring approximately 64.83 acres of tillable land, this tract offers quality agricultural value for producers, investors, and neighboring landowners seeking to expand their existing operations.

The tillable acres carry an impressive 77.17 average Crop Productivity Index and a 69.79 average National Commodity Crop Productivity Index. These soil ratings reflect productive farmland for the area and provide strong potential for continued crop production. The quality of the soils, combined with the tract’s manageable size, makes this property an attractive addition to a diversified agricultural portfolio.

Approximately 64.83 acres are currently identified as tillable, providing substantial income-producing potential. Depending on the buyer’s goals, the land may be incorporated into an existing farming operation, leased to an area producer, or held as a long-term agricultural investment. The tract’s configuration and predominantly tillable character support efficient agricultural management.

The balance of the acreage contributes additional diversity to the property. These areas may provide drainage, wildlife habitat, field access, or other supporting agricultural uses. The mixture of cultivated ground and surrounding habitat also creates opportunities for wildlife movement throughout the property and the neighboring landscape.

Grant County is recognized for its productive agricultural land and strong farming tradition. The surrounding area consists of cropland, pasture, wetlands, and rural farmsteads, creating a landscape well-suited for crop production while also supporting whitetail deer, ring-necked pheasants, waterfowl, and other wildlife.

The tract is located near Stockholm and within a convenient drive of Milbank and Watertown. This location provides access to grain markets, agricultural suppliers, equipment dealers, healthcare, retail services, and regional transportation routes while maintaining the advantages of a rural setting.

Properties with this combination of productive soils, predominantly tillable acreage, and a convenient northeastern South Dakota location remain in strong demand. Whether you are expanding an existing operation, purchasing land as an investment, or adding quality cropland to your portfolio, Tract 2 offers a well-positioned agricultural opportunity in Grant County.

Tract #: 2

Deeded Acres: 81.61

FSA Farmland Acres: 64.62

Soil Types: Forman-Buse-Aastad loams, 1 to 6 percent slopes, Forman-Buse-Aastad loams, 2 to 9 percent slopes

Soil PI/NCCPI/CSR2: 77.17 CPI Average; 69.79 NCCPI Average; 2.21 Cap. Average

Lease Status: Open Tenancy for 2027

Possession: Immediate possession subject to the current tenant's rights for 2026

Survey Needed?: No survey needed

Brief Legal: replat

PIDs: 14.50.23.2100 ; 14.50.23.1110

Lat/Lon: 45.1038, -96.797

Zip Code: 57264

 

 

Terms of Sale

BUYERS PREMIUM: no buyer’s premium or internet fees 

TAXES: 2026 taxes shall be paid by the seller

TENANCY: Open tenancy for 2027

RENTS: Seller shall receive the 2026 cash rents

MINERALS: Seller-owned rights will convey

CLOSING COSTS: Title search, title insurance, and closing fees shall be split 50% seller and 50% buyer. Deed preparation fees

shall be split such that sellers pay for the preparation of the seller’s deed, and the buyer pays for the preparation of

the buyer’s deed.

CLOSING DATE: On or before 30 days from seller acceptance

DOWN PAYMENT: 10%

POSSESSION DATE: Immediate possession subject to the current tenant's rights for 2026

SURVEY: No survey needed

SELLER: Stemsrud

SALE ORDER: By the acre

SALE METHOD: Sells Subject to seller acceptance

 

Licensing

Ranch & Farm Auctions, LLC  LIC15136, 

Broker Jason R Schendt SD LIC #16828

Cody Lowderman Auc Lic RE17883

Katie Graeb, Whitetail Properties Agent/Land Specialist, 605.690.8582

Brian Graeb, Whitetail Properties Agent/Land Specialist, 605.690.3026

 

Documents


Katie Graeb
Representing Land Specialist
Katie Graeb

Whitetail Properties Real Estate

Brian Graeb
Representing Land Specialist
Brian Graeb

Whitetail Properties Real Estate

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Active Tract 3 of 3
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