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Duane McClain
Duane McClain
Nebraska Land Brokers LLC
Available

Ogallala's South Platte River Ranch

$12,999,000 7290 Acres
Property ID 3264935

Description

LOCATION: The ranch has an excellent location and access which is between Ogallala and Paxton, NE in Keith County. It lies on both sides and along the South Platte River, I-80 and US Highway 30.

LEGAL DESCRIPTION: The legal description is extensive and is available upon request.

ACRES: Keith County Assessor indicates there is a total of 7,290 taxed acres.

LEASED ACRES: There is an additional 423 acres of Private Lease land that lies between the South Platte River and Hwy 30

TAXES: 2015 taxes payable in 2016 are approximately $48,000.

LAND USE: Operated as a working cow ranch, the ranch offers an abundance of forage and protection for the existing cow herd. The summer grazing land is hard land range which is cross fenced and water is provided by stock tanks on water pipelines. The fences are in excellent condition. A pivot irrigated quarter offers supplemental feed. The ranch is in above average condition as far as fences, stock water and range condition.

HUNTING & RECREATION: There are over 5 miles of South Platte River frontage within the ranch. This includes nearly 970 acres of heavily treed wildlife habitat for whitetail deer, turkey and the occasional elk. The South Platte River provides habitat for ducks and geese. The hardland hills offer upland bird and mule deer hunting. The hunting is leased out until August 2017.

SUMMARY: Located in the heart of cattle country this is a very unique opportunity. You are buying into an existing 500-600 cow ranch operation. The ranch has been part of a 50/50 lease since 1993 and the lease will expire in February 2019. The Landlord provides the real estate and 50% of the cows. The tenant provides all equipment and labor and 50% of the cows. Income is derived from 50% of the sales volume of the calf crop and cull cows. A copy of the lease is available for qualified Buyers. As a Buyer you will be buying the real estate which is listed and at closing time you will buy 50% of the cows at current market value. The current tenant does have a "right to match" any and all offers on the property.

Directions

The ranch has an excellent location and access which is between Ogallala and Paxton, NE in Keith County. It lies on both sides and along the South Platte River, I-80 and US Highway 30.

Land

Barn Information
Barn(s)
Equipment Barn
Hay Barn

Land Type
Both
Crops
Livestock

Minerals - % Water Owned
100

Miscellaneous
Cattle Working Pen
Corrals
Fenced for Cattle
Holding Pen
Loading Chute
Pivot Sprinkler Irrigation System
Windmill

Number of Wells
5

Property Type
Farm/Ranch

Special Notes
1st Right of Refusal

Easements
Access

Lot Description
Acreage
Cultivated
Heavily Treed
Horses Permitted
Irregular
Pasture
River Front
Tank/Pond

Minerals - % Wind Owned
100

Number of Lakes (water over 5 acres)
1

Present Use
Agriculture
Grazing
Hunting/Fishing

Proposed Use
Agriculture

Street/Utilities
All Weather Road
Asphalt

Game
Dove
Ducks
Elk
Geese
Grouse
Mule Deer
Pheasant
Quail
Turkey
Whitetail Deer

Minerals - % Oil & Gas Owned
100

Minerals Available
Oil & Gas
Water
Wind

Number of Stock Tanks (water under 1 acre)
Over 10

Property Tax Exemption
No

Road Frontage Desc
Asphalt
County
Gravel/Rock
Interstate
State
U.S. Highway

Tax Data (Show Tax Data)

Contact Seller

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Duane McClain

Nebraska Land Brokers LLC

20099 North Hwy 83
North Platte, NE 69101

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    NOTE: The information contained herein is provided as general information only and has been obtained from sources deemed reliable. It is provided without any guaranty, warranty or representation, expressed or implied, made by Lands of America, or any related entity, as to the accuracy or completeness of the information. The information is presented subject to errors, omissions, change of price or conditions, prior sale or withdrawal without notice. Prospective purchasers should make their own investigations, projections and conclusions concerning the information.