Scan with Smart

Phone Camera

The Devine Ranch

United States /Nebraska, Oconto, Nebraska 68860, ,Cattle Ranch,For Sale,6977027, 68860, 1506

Listing ID :

7003533

Acres :

1506 Acres
$4,700,000

View Agent's Properties and Profile:

Adam Marshall

Contact Seller

Property Description

This turnkey operational ranch is in the heart of Central Nebraska. Located in southeast Custer County. From Oconto this property is 3 miles north on Highway 21 and 2.5 miles east on a paved and gravel road. This ranch is only 24 miles south of Broken Bow, 32 miles from Lexington, and 56 miles from Kearney, Nebraska.

Included in this unique ranch is 138.8 acre pivot irrigated farm with mostly class 1 rated soils. There are 1,142 acres of well managed hard land pasture with some being sub-irrigated. There are approximately 179 acres of dry cropland with class 1 and 2 rated soils. There is 9.41 acres of gravity irrigated cropland as well. The bonus on this outstanding ranch is the hunting and recreational opportunities produced by the tree cover and frontage of the South Loup River.

Overall the ranch has been well managed by this generation of owners. The cedar tree population has been controlled. The pasture grazing has been managed well in past years and minimal weed pressure. Water is supplied on the ranch from a stock well located north of Pressey Road. There is underground pipe to the south to three large tire stock tanks providing a good supply of fresh water. There is a non functioning windmill in central west portion of the ranch.

The Devine Ranch is located over the Ogallala Aquifer and is one of the world’s largest aquifers. It is a shallow water table beneath the land and provides fresh water through wells for irrigation and livestock.

Custer County, Nebraska is near several livestock markets including Broken Bow, Lexington, and Kearney. Custer County has the 2nd largest amount of cattle by county in the entire USA. (100,000 head)

Farm information:
138 Acre Pivot Irrigated Crop Land
Electric Well & 50HP Motor, Registration: G-025636, Drilled 7/11/1966, 1,100GPM, Depth 364FT, Static Level 49FT, Pumping Level 103FT, 8” Column.
7 Tower Pivot Owned by the Tenant
FSA Base Acres: 200.30 Acres Corn, 15.60 Acres Soybeans, PLC Yield 121bu. corn and 21bu. beans

Recreational Hunting
Whitetail deer, Mule Deer, Turkey, Waterfowl, Trapping, Fishing

Legal Descriptions:

Northeast ¼ & North ½ of the Southeast Quarter of Section 19

Southeast ¼ of Section 8

Northwest ¼, North ½ of the South ½, Southeast ¼ of the Southeast ¼ in Section 20

South ½ & Northeast ¼ of Section 17

Southeast ¼, South ½ of the Northeast ¼, Southeast ¼ of the Northwest ¼ & Part of Northeast 1/4 of the Southwest ¼ and Part North & East of Old Road in Section 18
All in Township 14 North, Range 20 West of the 6th P.M. Custer County, Nebraska

2022 Real Estate Taxes
$21,355.02

Income Potential
Pivot Irrigated 138.8 Acres @ $275 = $38,170
Gravity Irrigated Crop Land 9.16 Acres @ $200 = $1,832
Dry Land Cropland 179.16 Acres @ $85 = $15,215
Sub Irrigated Alfalfa 18.3 Acres at $85 = $2,040
1,123.93 Acre Hard Land Pasture/Some Sub Irrigated,  10 Acre/Pair, 112 Cow/Calf Pair @ $65 for 5 Months Pair = $36,530
Road 36.67 @ $0 = $0
Hunting = $10,000 Annually. Possibly More.
Total Income: $103,787

Real Estate Taxes: $21,355
Maintenance: $5,000
Insurance: $2,500
Net Income:  $74,932

All acreages & information are gathered from the Custer County Assessor & Farm Service Agency and not guaranteed by the broker. All map boundaries are for illustrated purposes and not guaranteed.

Basic Details

Property Types:

Cattle Ranch

Listing Type:

For Sale

Listing ID:

7003533

Price:

$4,700,000

Acres:

1506 Acres

Address Map

Country:

United States

State:

Nebraska

County:

Custer County

City:

Oconto

Latitude:

41.17795211

Longitude:

-99.63802926

Street Address:

Oconto, Nebraska 68860, ,Cattle Ranch,For Sale,6977027