Bank REO property has been drastically reduced from appraisal price of $1,200,000.00 in Feb. 2006. Great income property with preliminary plat for TEN 3-acre lots for future development. Current lease income from farmer growing barley & field corn. 5 acre feet of irrigation water for 32.5 acres. Farmer anxious to renew lease. One building permit available. Income property offset expenses while property appreciates for future long-term gain! BTVA
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