Douglas County Real Estate 301.47 +/- Acres “Live Only Auction”

Douglas County Real Estate 301.47 +/- Acres “Live Only Auction”

Sat. March 28, 2026 @ 1:00 PM

Auction Location: Corsica Community Building located at 355 E. Main Street, Corsica, SD
Click here for a Google Maps Pin Location
Click here for L and R LLC Info Pack
Click Here for a Drone Video of the Property
L and R LLC Title Commitment

Legal Description: NW4 and SW4 12-100-65, Holland Township, Douglas County, South Dakota
2025 Taxes due in 2026: $4,737.38 / year
Physical Address: 38522 269th ST, Corsica, SD 57328
(7 miles south of Stickney or 4 miles north of Corsica then 3 3/4 miles west on 269th St.)
Property Description: This 301.47± acre property offers a large, contiguous tract of land currently maintained in productive hayland, making it well suited for agricultural use, livestock operations, or long-term investment. The farm carries a Soil Productivity Index of 57.7, reflecting solid, dependable soils.

An old building site is located on the south end of the property, providing potential for future improvement or operational use. A Wetland Easement is in place, contributing to conservation value while supporting responsible land stewardship. There is currently no water well or electricity on the property.

According to FSA records, the property includes 238.67 DCP cropland acres with valuable base acres already established:
69.40 corn base acres with a PLC yield of 45
38.70 oats base acres with a PLC yield of 42

This property presents an excellent opportunity for producers, investors, hunting or conservation-minded buyers seeking a sizable agricultural holding with established FSA base acres.

Owners: L and R LLC.

TERMS: A 15% non-refundable earnest money deposit along with a signed Purchase Agreement is required the day of the auction. No contingency for financing will be accepted. Possession at closing on or before April 30, 2026. Title Insurance & Closing Service Fees will be divided equally between Sellers & Buyers with closing to be held at 605 Title Company, Mitchell SD. Cash at Closing. 2025 RE Taxes due & payable in 2026 will be paid by Seller . Real Estate Taxes 2026 and beyond will be the responsibility of the Buyer. Information on this property was obtained from the Douglas County governmental offices & is deemed reliable but is not guaranteed by the Sellers or Dean/Edwards Real Estate & Auction, who are representing the Sellers only in this transaction. Sellers retain the right to reject any and/or all offers. No warranty is being made or implied as to the property boundaries, soil productivity, water supply, or environmental hazards, if any. Announcements made day of auction will take precedence over printed materials.

Auctioneers:
Justin Dean – Broker/RE Auctioneer – 605-999-4239
Lanning Edwards – RE Auctioneer/Broker Associate – 605-999-1250
Austin Messmer – Broker Associate – 605-353-5001
Kelbi Dean-Messmer – Broker Associate – 605-999-8812
Bill Maddocks – Broker Associate – 605-933-0246
Steve Larson – Broker Associate – 605-770-9818

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