Rice Farmland in Utah

Rice farmland in Utah for a Over 1,000 Acres parcel costs approximately $4,500 per acre, with a total investment of $9,000,000. The estimated annual ROI is 7.0% with cash rent of $180 per acre.

Utah has 18,100 farms with an average size of 597 acres. Farmland prices average $2,100 per acre statewide, with 5.8% year-over-year appreciation. Cash receipts total $2.1B annually.

The estimated annual ROI is 7.0% for a Over 1,000 Acres parcel, generating $630,000 in annual income ($315 per acre). The 5-year appreciation estimate is 1465.0%.