Graystone Capital Advisors’ Post

Let's talk about one of the BLUNDERS of farmland or recreational land real estate! All to often, there are real estate agents whom are NOT qualified to sell farmland, whom currently have farmland listed. Last year, I called a real estate agent on a parcel of farmland with pivot irrigation. From the first question, I could tell this real estate agent didn't have a clue about agriculture. Upon further investigation, the real estate agent sold residential exclusively. First this is a major disservice to your client and goes against the code of ethics in your expertise. Second, it inhibits the serious buyers from getting pertinent information related to the sale. What is a qualified farmland and recreational land real estate agent? A farmland or recreational land real estate agent should understand the agriculture industry (and local ag market) and work for a real estate company that specializes in farmland sales. NOT ALL real estate companies are qualified to sell farmland. The details matter. Pifer's Auction and Realty & Land Management sold 75,000 acres of farmland last year and continues to march towards a million acres with lifetime sales over 800,000 acres. Pifer's continues to provide the professionalism and expertise in farmland sales throughout the upper Midwest. If you are looking for an farmland expert to sell or manage your farmland...send me a message and I will get you connected with one of our agents! We are the best in the business because our clients trust our expertise! #farmland #realestate #auction #pifers #landmanagement #realestate #investment #agriculture

I’d add that farm land sales to urban developers also comes from: 1. Lack of succession planning (no one to take over) 2. Neighbors and other surrounding farms selling (less land available for other operations to expand) 3. Farms becoming islands, more difficult to farm when surrounded by urban development (we’re increasingly facing this issue) 4. Price! - developers can often offer more $$ per acre & can allow the farmer to retain the homestead + 2-3 ac (best example of this: any development with “farms” in the name that has a farmhouse, barn & a set of silos for “a rural look” but no real actual farming on the property)

I'm excited to announce two incredible new listings: the Suwannee County Quarter Section Farm and the Jasper Farm and Recreation Tract. These prime agricultural properties offer immense potential and are expected to go fast—don't miss your chance to invest in these exceptional opportunities! 🌾Introducing the Suwannee County Quarter Section Farm!🌾 This property, with a rich history of successful farming, has been owned by the same family for many years and is now ready for its next chapter. Farms in this region are highly regarded for their fertile land and reliable climate, ensuring successful farming operations. 🌱 Key Features: -160+/- acres of upland farm ground -Sandy soils with excellent drainage for various crops. -Frontage on a major county road for easy transportation. -Uniform shape maximizing tillable acreage. -Situated in Suwannee County, known for productive hay fields, peanut cultivation, and corn production. 🌾 Introducing the Jasper Farm and Recreation Tract! 🌾 This exceptional 129±-acre agricultural property in Jasper, Florida is now on the market. Historically dedicated to peanut cultivation, this expansive farm offers a productive and visually stunning land investment. The property is divided into two fields, with a beautiful pond serving as a focal point. Beyond its aesthetic appeal, the pond offers opportunities for fishing and waterfowl hunting, adding a recreational dimension to the land. 🌱 Key Features: -129+/- Acres of farm and recreational ground -Sandy soil ideal for successful peanut production. -Strategic layout maximizing agricultural productivity. -Beautiful pond for fishing and waterfowl hunting. -Tranquil rural setting with proximity to Gainesville, Valdosta, Jacksonville, and Tallahassee. Whether you're an experienced farmer looking to expand your agricultural portfolio or an investor interested in the productive potential of vacant land, these properties offers immense potential. This is a unique opportunity to acquire a significant piece of Florida's agricultural landscape. 📞 Don't miss out on this exceptional opportunity! Contact me today to learn more and schedule a visit. 📱 541-771-1177 📧 shea.booster@svn.com #SuwanneeCounty #JasperFarm #FarmForSale #AgriculturalOpportunity #Farming #Investment #RealEstate

🌾 New Listing! Prime Investment and Development Opportunity in Washington County! 🏡 Welcome to an exceptional opportunity in the heart of Washington County, Indiana - a 21.34-acre property boasting a prime, income-producing tillable tract. 💼 Comprised entirely of good tillable land, this parcel is a testament to agricultural potential, ensuring a solid return on investment. Currently under an open farm contract for 2024, it provides flexibility for various potential uses, whether you're considering building on this fertile soil or opting for a rental strategy. 🌱 Adding to its appeal, the property holds the potential for subdivision into multiple building lots, opening up avenues for residential or commercial development. The strategic positioning and versatile zoning make this property an ideal canvas for those with a vision for growth and expansion. 🏗️ Delving into the agricultural specifics, the Natural Resources Conservation Service's SSURGO database reveals a National Commodity Crop Productivity Index (NCCPI) of 73.8, indicating the land's high productivity. The predominant soil codes, CoC2 Crider Silt Loam and CoB Crider Silt Loam, further affirm the property's suitability for various crops and agricultural endeavors. 🚜 This invaluable data provides a comprehensive understanding of the property's soil composition and agricultural potential. Whether you're an investor, developer, or farmer, this prime Washington County property presents a rare opportunity to capitalize on the region's fertile soil and strategic location. Don't miss the chance to make this versatile and income-producing acreage a cornerstone of your investment or development portfolio. 💰 Contact us today to learn more and seize this exceptional opportunity! 🌟 #WashingtonCountyInvestment #DevelopmentOpportunity #RealEstateDevelopment #FertileSoil

The value of avoiding Inheritance tax can be very high! The most efficient profitable crop is farming the Tax legislation. A shame many passionate people who want to farm are driven out by others holding a farm purely for tax efficiency reasons. To enter farming now to be a farmer you either have to inherit or you make an absolute fortune in another industry like stock broking, IT AKA Bill Gates or Journalism AKA Jeremy Clarkson you definately don’t go to Agricultural university. That’s sad for society as many innovative people who want to be farmers just give up and do something else at a time when huge numbers of farmers are retiring. The result big corporate and contract farms with one thing on their mind: short term profit for the shareholder not custody of the land for the future. #overhaul #equity #taxsystem #farming #tax #taxes #sustainability

Ok. Prelim start up costs. I don’t know how to break this to the PTB. Land Preparation: Clearing, grading, and soil preparation costs can range from $150 to $200 per acre or more, depending on the land’s condition. Irrigation System: Basic irrigation systems can cost $500 to $1,500 per acre, but more advanced systems can be significantly more expensive. There is just the well. I don’t even think there is a pump(must check). Fencing: Costs vary based on materials and length but typically range from $30 to $50 per foot. I know that there is wildlife in that area. Buildings and Storage: A basic barn or shed can cost anywhere from $15,000 to $100,000 or more, depending on size and materials. There is two. Its not going to be enough. We can’t build more. But we need more. Solar Panels: The cost of solar panels varies, but a small-scale system might start around $10,000, with larger systems costing significantly more. A lot more! Equipment: Basic farming equipment like tractors, plows, and seeders can cost from $20,000 to over $50,000 each. For tech assisted farm, a lot more..significantly more. Roads and Infrastructure: Costs can vary widely; basic gravel roads might cost $5to $10 per square foot. Pollinator Hedges and Habitats: The cost depends on the types of plants and the size of the area but can range from a few hundred to several thousand dollars. Around $10-$20/linear foot. Miscellaneous Costs: Include legal fees, insurance, and contingency funds. Etc. Agtech: We’d need computers, electronics, connectivity and so much more that I am not going to list here. Total Estimated Cost: Given these variables, a very rough estimate for setting up a 45-acre farm could range from $500,000 to over $1 million MINIMUM. This higher range will be due to the many variables and choices in farm development. The lease is only for 5 years. Extendable upto 10 years. It has to be sustainable and organic. No one who is running a ag business will accept these terms and without contingencies. The land has no farming history. The water contains chlorides and will need treatment. We don’t know what will fail. The only way this can be a viable farm is if a non profit or charitable foundation DONATES to the City/EB parks about a million plus and work on it for 18 months-2 years to make it farming ready. Or they can avail grants. Or it can remain as grazing land. This is a good candidate for an Agtech park and a co-op farm. It will never be profitable selling lettuce and tomatoes. It will have to be niche high value crops. Thats all for now. Quick and dirty back-of-the-envelope thoughts worth less than 2c. I may update after I grab a minute away from the dumpster fire that seems to be on the cards. That’s all.

📣 Price Reduction: $3,500,000 💰 REMAX 360 is pleased to present the opportunity of "AGRICULTURAL TREASURE 12.5 ACRES” 🚜 TWO LOCATIONS: 📍 +/- 5 Acres just South of  238th ST & West of 170th CT 📍 7.5 Acres just North of  364 ST & directly on 212th AVE PROPERTY HIGHLIGHTS: -12.5 Acre Lot -Redevelopment potential for (3) homes -Agricultural possibilities -Lucrative Oolite farming option LOCATION HIGHLIGHTS: -Within the city of Homestead -Lucrative Oolite farming option -Possibility to redevelop -Zoned AU The subject property consists of a total of three lots, covering a combined area of 12.5 acres. Currently, these properties are being rented on a month-to-month basis for agricultural purposes, and they are notably rich in Oolite. These parcels are approximately 14 miles apart from each other but are all situated within the city limits of Homestead. Homestead is a city located in Miami-Dade County, Florida, situated between Biscayne National Park to the east and Everglades National Park to the west. Homestead primarily serves as a suburb of Miami and is well-known for its significant agricultural activities. It's worth noting that Homestead is positioned near the southern end of the Homestead Extension of Florida's Turnpike, where it intersects with U.S. 1. Homestead is adjacent to and situated north and east of Florida City, forming the broader Homestead–Florida City area. In addition to these cities, there are several noteworthy unincorporated communities in the vicinity, including Redland, Leisure City, Naranja, and Princeton. DM | CALL | TEXT for details Agustin Duarte, CCIM Broker | Owner 305.450.5992 ADUARTE@MAGICCITYINVESTMENTS.COM #HomesteadLandForSale #AgriculturalOpportunity #RealEstateDeal #OoliteFarming #RedevelopmentPotential #MiamiAcreage #FloridaLandInvestment #Remax360Listing #HomesteadCity #AcreageForSale #InvestmentProperty #LandDevelopment #MiamiRealEstate #LucrativeFarming #RemaxListing

Every farm operation has to make its own decision about whether to rent or buy farmland. Our latest analysis provides insight into the relationship between rental rates and farmland values in 2023. #CdnAg #FCCInsights

The high price of agricultural land will often far outstripped the land’s ability to be profitable. This 3.5 acre lot probably generates $20,000 to $30,000 a year in mango production. That number is dwarfed by the asking price of $2.15 mm. Lots that have choice locations or strategic corner are especially coveted. The new Agro-tourism laws will create a multitude of new uses for agricultural zoned lands, and new cashflow streams for farmers and land owners. Tenant farmers, share croppers, and those currently and historically renting land are being shocked (some right out of business) by their rent increases. A person selling flowers, farm equipment, plants, or animals will be able to pay higher rents than row crop farmers. Demand is still very strong for land in Homestead, the Redlands, and western edge of Miami-Dade County. The main thoroughfares like SW 288 st, Kendall drive, Eureka Drive, and especially Krome Avenue are seeing fierce competition from buyers. If you have any interest in selling or purchasing land in Miami Dade County, I am just a phone call away. We can discover your many options on a brief call, or personal meeting. Call me. Carpe Diem, Raymar Rodriguez Realtor Land Specialist Berkshire Hathaway HomeServices Florida Berkshire Hathaway HomeServices Florida Realty - Miami 305 606 4636 Floridahook@gmail.com #illegallanduse #legalland #farmlife #LandscapeDesign #land #miami #florida #logistics #plant #agribusiness #farmersmarket #farm #agrotourism #miamidadecounty

Inheriting farmland is a significant opportunity. Here's a guide on the steps to take when you find yourself with this valuable inheritance. Whether you're considering selling, farming, or just need guidance, we're here to assist you every step of the way.  1. Evaluate the Land: Begin by understanding the condition, size, and potential of the inherited farmland. 2. Determine Your Goals: Decide whether you want to sell, farm, lease, or live on the property. 3. Legal and Financial Considerations: Get legal and financial advice to navigate the complexities of land ownership. 4. Explore Conservation: Consider partnering with conservation organizations to preserve the land. 5. Farming Resources: If you decide to farm the land, seek guidance and resources for successful farming. 6. Farmland Auction: If selling is an option, stay informed about upcoming farmland auctions and opportunities.  Contact us today for more information on how we can help you navigate the process!