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11,986 Acres, Scotts Bluff County- Signal Butte Ranch

United States /Nebraska, Gering, NE 69341, 69341, 11986.26

Listing ID :

88244139

Acres :

11986.26 Acres
$10,295,000

View Agent's Properties and Profile:

Amy Johnston

Contact Seller

Property Description

This Nebraska ranch is also for sale in individual tracts Situated in Scotts Bluff County in the Western Nebraska Panhandle, the Signal Butte Ranch offers 11,986± acres of Nebraska ranchland that is rich in history, beauty, and wildlife. The ranch lies in two non-contiguous tracts, all of which have excellent location and access via county gravel roads. Established in the 1980’s by George and Ellen Nazarian, this husband and wife team worked together to run a successful ranching operation. George operated the ranch and put the land together, while Ellen focused on building a registered Gelbvieh cattle herd and had annual bull sales at the ranch. The Gelbvieh breed originated in Bavaria, Germany in the 1800’s. It was once a triple-purpose breed for meat, milk, and for use as a draft animal. The ranch has operated for close to 40 years, and is now being offered for sale for the first time. Signal Butte Ranch – Tract 2, also known as Cedar Canyon Ranch, consists of 2,927± acres and can be utilized for superior wildlife hunting as well as cattle grazing. The majority of the acres are timbered rangeland creating a perfect environment for top-notch hunting. This ranch is filled with an abundance wildlife including deer and turkey. Signal Butte Ranch – Tract 3, the largest of the three tracts, has 9,058± acres and is the working ranch with incredible recreation. Mule deer, whitetail deer, and Merriam Turkey are in great abundance here. While this parcel is primarily rangeland, there are 136 flood irrigated acres (5 parcels). The rainfall belt ranges from 14-16” annually. A historical landmark known as Signal Butte stands prominently on this tract, and is registered as a National Historical Site. The Butte was an archaeological find in 1939, and the artifacts can been seen on display at the Smithsonian Institute. Throughout the 1800’s, pioneers used this historical ground as they made their way Westward carving out both the Oregon and Mormon Trails, which can still be seen. There is one marked grave site that was established in 1866. NOTE: Part of Tract 3 cannot be grazed until September 2023. There is an approved EQIP Program that will pay the Seller $79,341 for fire damage on tract 3 only. Payment is for fire damage to the pasture in 2022. Both tracts are leased for the upcoming grazing and farming season. There will be approximately 14 miles of fencing installed through the NRCS EQIP Program. This would be for all fire damaged fence. There will be 3,000 ponderosa pine planted in April 2023. A landlord income estimate is included and has been developed for a prospective investor that may be interested in buying all or portions of the ranch as an investment along with the hunting amenities that Tract 2 and Tract 3 provide. County Assessed Acres Flood Irrigated: 134.99± Drycrop: 656.34± Range:11,093.25± Improvement Site:13.97± Springs & Stock Dams:14.99± Canal:16.85± Roads:55.87± Total Taxable Acres: 11,986.26± Estimated Taxes: $89,503.78 Water Rights Gering Ft. Laramie Ditch Co. (286.2 Allocated Acres) Allocation Tract 2: 136 Acres Water Tax Tract 2: $4,522.00 ($33.25/acre) TRACT 2 Called Cedar Canyon Ranch is a prime hunting property located in the western portion of the Wildcat Hills. It also will generate cattle grazing income. Location 4 Miles south & 4 Miles west of Gering, NE County Acres 2907.41 Timberland Range Acres 2 Improvements 12.62Water (Stock Dam) 2.63 Canal 3.01 Waste 2927.67 Total Taxable Acres per Scotts Bluff County Assessor LANDLORD REVENUE ESTIMATE Tract 2 – 2,927.67 Deeded Acres Scotts Bluff County, NE – Cedar Canyon Ranch Estimated Hunting Lease Income $13,000.00 2,927.67 Acres Rangeland/Timber-Grazed @ .3 AUMs/Acre *AUMs/Acre are within NRCS guidelines, rainfall belt, timber population, ecological sites/soils. 2,927.67 Acres @ .3 AUMs/Acre = 878 estimated AUMs of grazing 878 AUMs/Acre/5 Months/1.5 Body Weight Equivalents = 117 Pair 117 Pair @ $45/Pair @ 5 Months = $26,325 $26,325 divided by 2,927.67 Acres = $9.00/Acre CE Estimated Gross Income $39,325.00 2022 Real Estate Taxes -20,712.90 Repair, Replacement, Insurance -3,000.00 Estimated Net Landlord Income $15,612.10 Estimated $15,600.00 TRACT 3 Called Signal Butte Ranch being the largest tract and is considered the working ranch. Portions of this ranch has Oregon, California, and Mormon trail presence on it. One of the most significant landmarks on the ranch is a quite elevated natural bluff toward the west of the ranch called Signal Butte. Long before the days of the white man arrival, the Native Americans utilized this tall butte as a signal/religious site. It stands very prominently on the ranch and has received national, historic attention in the last century. Tract 3 also supports a small amount of gravity irrigation that also receives its water rights from the Gering/Fort Laramie Ditch Company. Location 6 Miles west of Gering, NE County Acres 134.99 Flood Irrigated Acres 656.34 Dry Crop Acres 8185.84 Range Acres 4.00 Home Site 2.37 Water 15.21Canal 5.97 Waste 53.87 Roads 9,058.59 Total Taxable Acres per Scotts Bluff County Assessor LANDLORD REVENUE ESTIMATE Tract 3 – 134.99 Deeded Acres (5 irrigated parcels) Scotts Bluff County, NE – Signal Butte Ranch – Gravity Irrigated 134.99 Acres Gravity Irrigated @ $175/Acre = $23,623.25 Estimated Gross Income $23,623.00 Water Right Tax (LLEX) -4,522.00 Repair, Replacement, Insurance    -1,000.00 Estimated Net Landlord Income $18,101.00 Estimated $18,000,000 Tract 3 – 8,923.60 Deeded Acres Scotts Bluff County, NE – Signal Butte Ranch – Rangeland/Timber Estimated Hunting Lease Income $35,000.00 8,923.60 Acres Dryland/Rangeland/Timber-Grazed @ .325 AUMs/Acre *AUMs/Acre are within NRCS guidelines, rainfall belt, timber population, ecological sites/soils. 8,923.60 Acres @ .325 AUMs/Acre = 2,900 estimated AUMs of grazing 2,900 AUMs/Acre/5 Months/1.5 Body Weight Equivalents = 387 Pair 387 Pair @ $45/Pair @ 5 Months = $87,075 $87,075 divided by 8,923.60 Acres = $9.75/Acre CE Estimated Gross Income $122,075.00 2022 Real Estate Taxes -61,313.10 Repair, Replace, Insurance -9,000.00 Estimated Net Landlord Income $51,761.90 Estimated $51,750.00 Estimated Crop Net Income $18,000.00 Total Net Income $69,750.00 Address: Gering, NE 69341 County: Scotts Bluff

Basic Details

Property Types:

Cattle Ranch, Farm, Hunting Land, Land, Land - Pasture, Recreational properties, Ranches, Recreational Land

Listing Type:

For Sale

Listing ID:

88244139

Price:

$10,295,000

Acres:

11986.26 Acres

Address Map

Country:

United States

State:

Nebraska

County:

Scotts Bluff

City:

Gering

Latitude:

41.800074

Longitude:

-103.863625

Street Address:

Gering, NE 69341