10,292.9 Acres in Arthur, NE - $8,250,000

The McCasland Figure 2 Ranch is comprised of approximately 10,292.90 deeded acres by county record. It consists of six non-contiguous land tracts that support three center pivots, native Sandhill rangeland and one building site. The WEST TRACT comprised of 3,285.20 deeded acres consists of three Sandhill rangeland pastures one in Garden County and two in Arthur County. Stock water consists of five solar wells and one windmill. All of the stock tanks are 30 foot tanks with two newly installed within the last three years. It is an all contiguous unit and has legal access via county gravel road at the west end of the property. The HOME TRACT is the headquarters-building site and consists of 5,342.21 deeded acres. It is comprised of ten main Sandhill rangeland pastures with several small pasture/lots located around the building site. Stock water is provided by five solar wells, six windmills, along with five tanks that have their source via underground pipeline that originates at the building site. Nearly all of the stock tanks are 30 foot tanks. It is an all contiguous unit and has legal access via county road that traverses east to west through the northern portion of this ranch unit. The unit has very good access through the entire ranch by county road. BUILDING IMPROVEMENTS ON THE HOME TRACT: Main Home One Story 1800 SQ FT New in 2012 Older Main Home Story and One Half 2,792 SQ FT 1920 Bunk House One Story 636 SQ FT 1930 Farm/Lean to Utility Building 3,300 SQ FT New in 2017 Quonset Building 2,400 SQ FT Quonset Building 1,584 SQ FT Barn 1,728 SQ FT Indoor Arena 22,500 SQ FT The HOME PIVOT TRACT consists of 192.81 deeded acres and is located approximately two miles south via county gravel road from the HOME TRACT and building site. It has legal access from the county gravel road one quarter of a mile away. It has 162.45 Certified Irrigated Acres registered with the Twin Platte NRD, North Platte, NE. It has an 11 tower Zimmatic electric center pivot, powered by an Isuzu diesel motor. There is a solar well with a 30 foot tank located on the home pivot tract. Irrigation Well Data Well Registration G-044752 Well ID -52103 Well Depth -240 feet Static Water Level -10 feet Pumping Level -100 feet GPM 1000 TPNRD CIAs 162.45 Date Filed 1975 Owner Figure 2 Ranch The NORTHEAST DEVELOPMENT TRACT consists of 551.35 deeded acres is located one mile northeast from Arthur NE and is bisected by State paved highway # 61. It is currently Sandhill native rangeland. There are two solar wells each with 30 foot tanks on this tract, one on the west side and one on the east side of State highway # 61.Because of its access and location it may be considered to have some higher and better use than Sandhill rangeland such as for some development potential other than rangeland. The SOUTHWEST OF ARTHUR PIVOT TRACT consists of 605.09 deeded acres and is located one mile southwest from Arthur, NE and has direct access to State Highway # 61. It consists of two center pivots having a total of 220.01 Certified Irrigated Acres registered with the Twin Platte, NRD, and North Platte, NE. The east pivot contains 84.729 Certified Irrigated Acres registered with the Twin Platte NRD, North Platte, NE. The west pivot contains 135.284 Certified Irrigated Acres registered with the Twin Platte NRD, North Platte, NE. The FSA 156EZ shows the pivots having a base acreage of 211.6 acres with a PLC Yield of 117 bushels of corn. The pivots are run by diesel power motors. There is one solar and one windmill for stock water on this tract. Irrigation Well Data East Pivot Well Registration G-064082 Well ID -72006 Well Depth -280 feet Static Water Level -26 feet Pumping Level -42 feet GPM 1005 TPNRD CIAs -84.729 Date Filed 1980 Owner Mark McCasland Irrigation Well Data West Pivot Well Registration G -064081 Well ID -72005 Well Depth -300 feet Static Water Level 55 feet Pumping Level -75 feet GPM -1159 TPNRD CIAs 135.284 Date Filed 1980Owner Mark McCasland The SOUTH TRACT consists of 316.24 deeded acres and is located eight miles south and one mile east from Arthur, NE. It is Sandhill Native Rangeland and has one solar well for stock water. The seller will provide legal access from the southwest for this rangeland tract. County gravel road is located one half mile south from this tract. HISTORY: The first American/Europeans arrived in what is present day Arthur County from 1867-1890. Some had worked for the Union Pacific Railroad to get a grub stake to file a homestead. Some were Texans who found their way north bringing vast herds of cattle with them to ship out to Chicago along points at Ogallala eastward into central Nebraska. Texas outfits such as the XIT, UBI, and the Turkey Tracks found open range in parts of the Sandhills and utilized large unfenced tracts of range for a period. The federal government opened up the region to formal settlement in 1884. By the 1900s some of the land in McPherson County westward into Arthur County was under the ownership of ranches owned by Buffalo Bill Cody and the North Brothers. The first courthouse in Arthur County was in a covered wagon until 1915. The county seat of Arthur County is Arthur, the only town to this day in the county, was established in 1913 with a federal post office being established in 1914. In 1914 the Arthur State Bank was established, however, failed with the arrival of the Great Depression never to open again. NEBRASKA SANDHILLS: The McCasland Figure 2 Ranch is located in the western 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 Nations 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 prior to the arrival of the white man. 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 the ranch are 1-3 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 16-19 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 of drought are rare. MARKETS: The ranch is located within an hours drive to one of the most established livestock auction barns in the state at Ogallala, Nebraska. Thousands of reputation cattle pass through its gates annually in the form of special stock cow, bred heifer, yearling, and calf sales throughout the year. Buyers from several states are always on hand to create a consistent, top-end market for all classes of cattle. There are also video auction markets available that are nationwide in scope. MINERALS: The current ownership will convey all the owned minerals. EXCHANGES: The current ownership will cooperate with 1031 exchanges. APPROACH TO MANAGEMENT AND REVENUE: The total of the ranch is made up of three center pivots with the balance Sandhill Native Rangeland. The center pivots are currently not into production of any annual crops. Annual crops have not be planted on the center pivots for several years. Management plays a big role relative to the AUMs of productivity from the center pivot sites.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 tracts have been evaluated for an estimate of landlord revenue generation on a summer grazing basis utilizing cow calf pairs and selling the landlord share of the feed production from the center pivots if in production.Each of the six tracts have been individually estimated on a stand-alone basis. WEST TRACT: Land Classification Summary by County Record 3285 Acres Sandhill Rangeland Grazed @ .50 AUMS -1643 AUMS 1643 AUMS/5 Months/1.5 BWE 219 Pair or 15 Acres/Pair 219 Pair @ $65/Pair/Month for 5 months $71,175 or $21.67/Ac CE $71,175 Gross Income $ 13,852 RE Taxes $ 4,000 R & R $ 1,500 Misc. $51,823 Net Income, Say $52,000 Net to Landlord HOME TRACT: Land Classification Summary by County Record 5337 Acres Sandhill Rangeland Grazed @ .5 AUMS 2668 AUMS 5 Acres Building Site 2668 AUMS/5 Months/1.5 BWE 356 Pair or 15 Acres/Pair 356 Pair @ $65/Pair/Month for 5 months $115,700 or $21.68/Ac CE $115,700 Gross Income $ 27,195 RE Taxes $ 10,000 R & R & INS $ 1,500 Misc. $77,005 Net Income, Say $77,000 Net to Landlord HOME PIVOT TRACT: Land Classification Summary by County Record and TPNRD 162 Acres Center Pivot Feed @ 3 Ton/Acre @ $70.00/Ton/2 $17,010 or $105/Ac CE 31 Acres Pasture Corners @ $10.00/Ac -$310 $17,320 Gross Income $3,819 RE Taxes $2,500 R & R & INS $11, 001 Net Income, Say $11,000 Net to Landlord NORTHEAST DEVELOPMENT TRACT: Land Classification Summary by County Record 551 Acres Sandhill Rangeland Grazed @ .5 AUMS 275 AUMS 275 AUMS/5 Months/1.5 BWE 37 Pair or 15 Acres/Pair 37 Pair @ $65/Pair/Month for 5 months $12,025 or $21.82/Ac CE $12,025 Gross Income $2,533 RE Taxes $ 750 R & R $ 250 Misc. $8,492 Net Income, Say $8,500 Net to Landlord SOUTHWEST OF ARTHUR PIVOT TRACT: Land Classification Summary by County Record and TPNRD 220 Acres Center Pivot Feed @ 3 Ton/Acre @ $70.00/Ton/2 -$23,100 or $105/Ac CE 385 Acres Pasture Corners @ $10.00/Ac -$3,850 $26,950 Gross Income $6,734 RE Taxes $3,500 R & R & INS $16,716 Net Income, Say $17,000 Net to Landlord SOUTH TRACT: Land Classification Summary by County Record 316 Acres Sandhill Rangeland Grazed @.5 AUMS 158 AUMS158 AUMS/5 Months/1.5 BWE -21 Pair or 15 Acres/Pair 21 Pair @ $65/Pair/Month for 5 months -$6,825 or $21.60/Ac CE $6,825 Gross Income $1,453 RE Taxes $400 R & R $150 Misc. $4,822 Net Income, Say $4,800 Net to Landlord Legal Description: The majority of the ranch is located in Arthur County, with a small contiguous tract to Arthur County lying next door in Garden County. The county seat for Arthur County is Arthur, NE. and the county seat for Garden County is Oshkosh, NE. County:Arthur and Garden Counties Address: Arthur, NE 69121