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Madison County·Virginia

Agricultural Lease

Closes 10/8/2026$15k – $25kRequest for Proposal
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Description

Madison County is seeking a responsible tenant to lease approximately 31.8 acres of county‑owned farmland at Hoover Ridge Park for cropland use. The lease term is three years with the possibility of two additional three‑year extensions. The tenant must maintain the land, adhere to best management practices, avoid biosolids, and pay fair‑market rent. This opportunity is suited for agricultural operators or entities experienced in farm management and land stewardship. • Lease of 31.8 acres (Area 1: ~24.3 acres; Area 2: ~7.5 acres) • Initial term of 3 years with potential extensions (up to 9 years total) • Obligations include land maintenance, BMP compliance, and exclusion of biosolids use • Fair‑market rent to be negotiated; tenant responsible for all operational costs

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Mikayla Johnson

Key dates

Opened
9/10/2026
Closes
10/8/2026
Duration
3 years

Last updated

Details

Type
Request for Proposal
Industry
Agriculture
NAICS
531120
Solicitation №
RFP-128039

Budget estimate

$15,000 – $25,000

Based on typical fair‑market rent for Virginia farmland (approximately $200‑$300 per acre per year), the 31.8‑acre parcel would generate roughly $6,360‑$9,540 annually. Over the base three‑year term, total revenue could range from $19,000 to $29,000, with potential extensions increasing the amount proportionally. Therefore, a reasonable estimate for the contract value is between $15,000 and $25,000, accounting for negotiation variability and additional maintenance responsibilities.

AI estimate from the solicitation

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