Maximizing Value in Farmland Ownership, Sales, and Purchases: A Comprehensive Guide for Ohio Landowners and Buyers

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By The SHERIDAN Team

  • Posted in Farmland
  • MAY 16, 2024
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At SHERIDANS, we specialize in farmland sales, purchases, appraisals, and consulting services throughout Ohio. With over 50 years of experience, we have built our reputation on providing exceptional expertise to landowners, buyers, and investors seeking to navigate the rural and agricultural real estate market. Whether you are buying or selling, our commitment to Experience, Integrity, and Results ensures that your goals are met with professionalism and precision.

In this guide, we explore the benefits of owning farmland in Ohio, how we help clients maximize value through strategic sales and purchases, and why farmland remains one of the most rewarding investments.

Why Invest in Farmland in Ohio?

Owning farmland offers numerous advantages, including financial security, sustainability, and legacy-building opportunities. Here’s why Ohio farmland is an excellent choice for buyers and investors:

1. Financial Benefits

  • Stable Investment: Farmland has consistently delivered strong, long-term returns, acting as a hedge against market volatility.
  • Rental Income Potential: Leasing farmland to local farmers provides a steady income stream while maintaining ownership.
  • Land Value Appreciation: Ohio’s agricultural land has a proven history of appreciating value, ensuring a solid return on investment.

2. Tax Benefits

  • CAUV Program: Ohio’s Current Agricultural Use Valuation program offers significant reductions in property taxes for qualifying farmland.
  • Conservation Easements: Landowners can reduce taxes and receive compensation for preserving their land through conservation easements. These funds can be reinvested into farming operations, such as acquiring more land or upgrading equipment.

3. Building a Legacy

Owning farmland allows families to leave a lasting legacy. Properties passed down to heirs benefit from a "step-up" in cost basis, minimizing capital gains taxes if sold in the future. Farmland ownership is more than a financial asset—it’s a way to preserve heritage and contribute to Ohio’s agricultural sustainability.


Our Services for Farmland Buyers

At SHERIDANS, we are committed to assisting clients with purchasing farmland throughout Ohio. Whether you are a first-time buyer, an investor, or an experienced farmer, our services are tailored to meet your unique needs:

  • Extensive Market Knowledge: We help buyers identify the right properties based on location, soil quality, and future potential.
  • Due Diligence Assistance: From zoning regulations to soil evaluations, we ensure you have all the information needed to make an informed decision.
  • Negotiation Expertise: We advocate for our clients to secure the best possible terms when purchasing farmland.
  • Customized Property Searches: Using our extensive network and market insights, we identify properties that align with your goals, whether for agricultural operations, investment, or recreational use.


Strategic Sales Methods for Farmland

Selling farmland requires a tailored approach to attract the right buyers and maximize value. At SHERIDANS, we offer the following sales methods:

1. Auction Sales

The auction method creates urgency and competitive bidding among buyers, often resulting in a sale price that exceeds expectations. Our simulcast auction platform, combining live and online bidding, ensures maximum participation from local and national buyers.

2. Conventional Realtor® Listings

This method allows for broader marketing and flexibility in terms of price and buyer contingencies. It’s ideal for sellers who want to evaluate multiple offers over time and negotiate terms.

3. Sealed Bids

For certain properties, a sealed bid process offers a private and confidential sales option, ensuring that only serious buyers participate.

4. Private Transactions

We assist clients with discreet sales that meet their specific needs, such as transferring property within a family or selling directly to a neighbor or investor.


How SHERIDANS Adds Value

Our comprehensive marketing strategy ensures your property gets unparalleled exposure and attracts qualified buyers:

  • Professional Photography: High-quality images, drone aerial views, and virtual tours showcase your property’s unique features.
  • Targeted Online Campaigns: Your property will be prominently featured on real estate websites like Realtor.com and Zillow, as well as social media platforms to maximize visibility.
  • Auction Expertise: Our extensive experience conducting farmland auctions provides sellers with the confidence of achieving the best possible outcome.
  • Customized Marketing Materials: Professionally designed brochures and flyers highlight your property’s key attributes.

Whether you are buying or selling, SHERIDANS ensures that every transaction is handled with professionalism, transparency, and care.


The Benefits of Conservation Easements

Ohio’s Conservation Easement Program is an excellent option for landowners who want to preserve their farmland while gaining financial benefits. By limiting future development, these easements allow landowners to:

  • Protect Agricultural Heritage: Ensure the land remains dedicated to farming or conservation for future generations.
  • Receive Monetary Compensation: Compensation from easements can be used to reinvest in farming operations, such as purchasing additional land or upgrading equipment.
  • Tax Savings: Conservation easements may offer significant income tax deductions and estate tax benefits.

This program provides a win-win for landowners committed to sustainability and those seeking financial flexibility.


Advantages of Owning Recreational Land in Ohio

If you’re an outdoor enthusiast, Ohio’s recreational opportunities are a treasure trove waiting to be explored. From hunting and fishing to hiking and camping, owning recreational land offers endless opportunities for memorable experiences. With SHERIDANS’ expertise, you can find the perfect property to suit your recreational or investment goals.


Why Choose SHERIDANS?

With decades of experience in farmland sales, purchases, and appraisals, SHERIDANS offers unmatched expertise in Ohio’s agricultural real estate market. Our team understands the unique value of farmland and works diligently to ensure every client achieves their goals. Whether you’re buying, selling, or seeking consulting services, our commitment to Experience, Integrity, and Results makes us the trusted choice for rural landowners.



Contact SHERIDANS Today

If you’re ready to explore the benefits of farmland ownership, need assistance purchasing a property, or are looking to sell your land, contact SHERIDANS today. Let us put our expertise to work for you and help you navigate the opportunities and challenges of Ohio’s rural real estate market.



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