Logan-Mcpherson County Line Ranch

Land Description

Click here to watch a video of this property Property Summary Location The Logan McPherson County Line Ranch is located in the heart of the Sandhills between Highway 97 and US Hwy 83, specifically located 13 miles North of Ringgold, Nebraska. The Ringgold road is a county oil mat road that has been well maintained providing this property excellent access. There is a short three mile drive from the oil mat road via county maintained sandhills road to the building site. This access is basically a private county maintained driveway. Ringgold, Nebraska is an unincorporated village. Tryon is the county seat of McPherson County and Stapleton is the County seat of Logan County. The ranch is located in the Stapleton school district which has a K-12 school and limited services post office, grocery, restaurant, gas, church. The ranch is approximately one hour North of North Platte, Nebraska. North Platte is the regional hub providing all services including an excellent hospital and commercial airport with daily flights to Denver. Description Logan McPherson County Ranch is comprised of 6,112.85 county deeded acres and a 640 acre school lease that expires December 31st, 2022. This is an all contiguous ranch that supports 2 center pivots for winter feed and spring calving protection. The building site is located in the central part of the ranch and consists of the main dwelling, a guest/tenant home, large storage building, work shop/ pole barn garage area, as well as the working corrals and pens. The home site is well protected with mature cedar wind breaks. This ranch has been operated by the current ownership since 1995. The ranch consists of 13 pastures with most of the pastures containing two water sources. There are 23 water sites located throughout the ranch. Mostly consisting of windmill power, there are several wells that have been cased and could be converted to solar submersible wells. There are three wells that are already equipped with submersible/windmill combinations. There are six tanks that are located around the home site that are connected via pipeline including the only tank in the School Section pasture. Ample water and well located fence allows the opportunity for a sound rotational grazing operation. The center pivot irrigation systems are both located in the Upper Loup NRD and subject to their rules and regulations. Currently there are no water use restrictions. The west pivot was installed in 2014 and has a 7 tower Zimmatic pivot with a John Deere diesel engine and 80 HP Amarillo pump. The East pivot has an 8 tower late model Reinke pivot with John Deere diesel engine and 50 HP Amarillo pump. Both pivot systems have upgraded sprinkler packages. Static and pumping water levels range from 40-70 feet. Nebraska Sandhills The ranch is located in the South Central region of the famed Nebraska Sandhills, known for one of the finest cattle producing regions in the United States. The Sandhills of Nebraska is the Nation's largest undisturbed native grassland area. It covers approximately 13 million acres in 20 counties located in the north central part of the state. The grasses are vigorous and nutritious and have proven themselves as drought tolerant species centuries ago by supporting vast herds of Buffalo. Ogallala Aquifer The Sandhills of Nebraska also sits on top of the largest fresh water aquifer in the continental U.S. Known as the Ogallala or High Plains Aquifer, it supports fresh water bearing material where this ranch is located in the range of 600'-800' in depth. Stock wells and irrigation wells are generally considered shallow and abundant by comparison to other cattle producing regions in other states. Most of the stock wells on this ranch are 2-3 rods deep and in most cases can be pulled by hand to change leathers. Rainfall The rainfall belt in the area and location of this ranch ranges from 17 -19 per year with the majority of it falling during the grass growing season. It is generally considered consistent and reliable to the extent that cattle sell downs because droughts are rare. Livestock Markets This ranch is located near some of the best livestock markets in the county. The North Platte Stockyards is back and has quickly established itself as one of the hottest barns in the state. Ogallala Livestock is a long established barn and sells annually thousands of reputation cattle through its various sales including special stock cow bred heifers, yearling, and calf sales. Many reputable video sales are available as well. Broker Comments This is a nice well blocked, all contiguous Nebraska Sandhills Ranch, well located in the South Central Part of the Sandhills. It is located in a good rainfall belt and in an area that reflects stable ownership, as few ranches change hands and are multi generational. This ranch has been well cared for and managed carefully for the past 26 years. This is evident as you look at the old healed blowouts and fences. This ranch has been in current owner operated hands since 1995 and has only been on the market one other time in the past 100 years. FSA Info 222.09 deeded FSA Pivot Irrigated Acres. Approximately 22 FSA acres irrigated on School Lease. 264 Certified Irrigated acres in the Upper Loup NRD includes acres on the School Section Lease Well Info Both Irrigation wells located in Upper Loup NRD West Pivot G-170804 Drilled in 2014 Depth 300ft 1325 GPM Static water 44' Pumping Level 70' East Pivot G-000689 Drilled in 1956 Improvements/Outbuildings Main Home 1,488Sq ft + 1488Sqft basement partially finished. 3 conforming bedrooms. 1.5 bathroom Detached 2 car garage. Workshop and attached pole building. Approximately 30'x70'. Building includes a nice lean-to grilling area. Hired hand Home 3 bed 1 bath 1,064 sqft +unfinished basement. Metal Storage shed with dirt floor approximately 50'x95' Several utility outbuildings and barns. Older wood barn used as a calving shed. Approach to Management and Revenue The ranch resource has been analyzed for estimated carrying capacity relative to time, use and balance under what would be a typical use in a landlord posture. What follows are the ranch estimates of deeded acres and current real estate taxes as well as estimates of land classes, carrying capacity, and AUMs of productivity under typical/average use. The ranch has been evaluated for annual carrying capacity as well as an estimate of landlord revenue generation on a summer grazing basis utilizing cow-calf pairs and selling the landlord share of meadow hay production. The limiting factor on this ranch is summer AUMs, however, irrigated pasture could be established under part of the center pivot irrigation acreage to increase the Spring/Summer/Fall AUMs. Acres Estimated acres by County Record, NRD Record, and Satellite Measurement. Estimates and Acres do not account for the Board of Education Lands and Funds leased ground Center Pivot Irrigated Hayed/Grazed 224 acres. Sandhill Rangeland Grazed 5,870 acres Building Site and Lots 18 acres Total Estimated Acres by County Record 6,112.85 Board of Education Land Funds Lease 640 expires 12/31/22 Landlord Revenue Estimate 224 Pivot Irrigated- Hayed 4 ton/acre 896 tons 2.5 Aum/Ton 2,240 AUMs 224 pivot irrigated- grazed 1 Aum/Acre 224 AUMs 5,870 Sandhill Rangeland- Grazed .5 Aum/Acre- 2,935 AUMs 6,094 acres 5,400 AUMs 5,400 AUMs/12 months 450 AUs or 13.5 acres/AU estimated 224 acres hayed 896 tons or CE 224 Aums/1 month/1.5 BWE 150 pair X or CE 2,935 AUMs/5 months/ 1.5 BWE 392 pair or 15 ac/pair 392 pair /Month for 5 months or CE 156,370 Gross Income 38,239 Real Estate Taxes 12,000 R & R 2,500 Misc 103,631 Net Income to Landlord Year Around Carrying Capacity Estimate 5,400 AUMs/12 months 450 AU Winter 2,240 AUMs/4months 560 AUs Spring/Summer/Fall 3,160 AUMs/8 Months 395 AUs 450 AUs.80 360 Co