Farmland in Oklahoma – Agricultural Real Estate Investments
Agricultural real estate investments add stability to anyone’s portfolio. Take farmland in Oklahoma. Farms in Oklahoma add value at fair prices. Oklahoma’s growing population is reaching for local produce along with the high cash value marijuana crops now available. But is an investment in Oklahoma farmland the best thing for your portfolio?
Oklahoma Farm for Sale
Are you interested in the 6332-acre Fry Farm in the Oklahoma Panhandle? It’s in Keyes and Cimarron County. A large contiguous and irrigated operation, Fry Farm masterfully developed for planned income-crop production. The farm features a house and other developments, water allocation, productive sandy soils, location, and investment opportunities including hunting income streams.
And the new price is $17,750,000, down from $21M.
Is any Farm in Oklahoma for You?
Think before buying your farm in Oklahoma. If you would like to farm yourself, be sure you would like to live in Oklahoma. The Sooner State with its Midwestern friendliness and Southern hospitality features rolling hills and flat areas. No scenic mountains in sight for your weekend treks but great opportunities otherwise.
On the other hand, Oklahoma could do you very well. The cost of living is fourth from the bottom out of all fifty states. A growing number of new residents, businesses, and entrepreneurs are taking advantage of that affordability. Compared to other states farmland in Oklahoma is affordable and gaining value as property and as a food commodity.
Buyer Notes for Farmland in Oklahoma
So, the investment opportunity is there. In Oklahoma, prices for farmland are enticing. Smaller farms might do well close to the population centers of Tulsa, Oklahoma City, and Norman where shoppers demand organic and specialty crops. Large agricultural operations could thrive anywhere, all the way into the Oklahoma Panhandle.
The complex aspects of selecting the best farm for sale require agricultural knowledge. Interested investors would do themselves a favor to hire a real estate agent with a farming specialty. Farm experts help evaluate soil types, water sources, weather patterns, transportation, and access for your plot of land. Their knowledge base is invaluable.
Investments in Oklahoma Farmland
Real property is one of the most stable investments in your portfolio. When the economy waivers, as inflation spikes, as farmland gets more scarce, real property is gaining in value. The oft-quoted Will Rogers says that all. “By land. They ain’t making any more of the stuff.” As much productive farmland has become cities and suburbs, currently available farmland becomes invaluable: people need food.
While investments in the stock market, mutual funds, gold and silver, Bitcoin, and the like fluctuate, land increases in value over time.
A Cautionary Consideration About American Farms
It’s important for cities, counties, and states to keep control of their food supplies. In recent decades, foreign buyers have been investing in Oklahoma farmland. Any of you who are U.S. citizen investors may be able to help keep our agricultural land American owned with this effort.
Legislation addresses the concern of allowing foreign investments into the food industry. Congress passed a 1978 law to stop the threat of foreign interests to control our food prices. Both the American Farm Bureau Federation and the National Farmers Union backed the Food Security is National Security Act of 2017.
Oklahoma Realtors Specializing in Farm & Ranch
Gene Cruikshank, owner Cruikshank Realty, Inc. in Lamar, holds licenses for Colorado, Oklahoma, Kansas, and New Mexico. Our company has a client and customer base throughout the United States. Our goal is to help you reach your investment real estate goals.