Logan-McPherson County Line Ranch Under Contract Farms, Ranches

Ringgold, NE 69167, USA
$7,000,000
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Description

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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 @ $90/ton/2 = $40,320 or $180/ac CE
224 AUMS/1 month/1.5 BWE= 150 pair X $55/pair = $8,250 or $37/ac CE
2,935 AUMs/5 months/ 1.5 BWE = 392 pair or 15 ac/pair
392 pair @$55/pair/month for 5 months = $107,800 or $18/ac 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 Cows (cow calf, retaining replacements, bulls)
6,112 ac/450AU= 14 ac/AU
6,112 ac/360 Cows= 17 ac/cow

Showings by appointment only.

Taxes – Estimated $38,239.50

Legal Description: See brochure

Address: Ringgold, NE 69167
County: Logan and McPherson

Video

Map

  • City: Ringgold
  • State/county: Nebraska
  • Neighborhood: Logan County, McPherson County
  • Country: United States