1,790 Acres in Ogallala, NE - $805,500
Location: Northwest of Ogallala, NE 13 miles, in Keith County, Nebraska, with access from the south by county gravel road off of US Highway 26.
Legal
Description: All Section 34-T15N-R40W; All except tract in S1/2 Section 3 & All except tracts Section 4-T14N-R40W of the 6th PM.
Acres & Taxes: Keith County Assessor shows 1768 taxed accessed acres, a recent survey indicates there are 1790 acres within the fence lines. 2008 taxes payable in 2009 are $5,183.94.
Land Use: This property is primarily used for livestock grazing with the added benefit for deer hunting. It is fenced into 2 pastures with a set of gathering pens at the south end.
Water: Stock water is provided by 4 stock wells. 2 with submersible pumps and 2 with electric pump jacks for back up when the wind doesn’t blow for the windmills.
Price: $805,500 cash or $450 per acre
Comments: What an opportunity! The muleys ...
Comments: What an opportunity! The muleys are big on this property. It overlooks the famous Lake McConaughy to the north. If you’re looking for that “BIG BUCK” spot, here it is at a price that doesn’t break the bank. The residual income would be from a carrying capacity of 140—155 cow calf pairs for a 5.5 month grazing season with a range from $32 to $40 a pair. That equates to between $26,000 and $32,000 in annual income. At listing time the Sellers were negotiating a lease for the 2009 season.
Contact: Duane McClain, Listing agent—308.530.0221
Mike Polk, Loren Johnson, Bruce Dodson, Jerry Sloan, Jerry Weaver at 308.534.9240
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