Mule Shoe Bar South Ranch
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1 Mule Shoe Bar South Ranch All contiguous rangeland with sub irrigated range sites consisting of 11,555 total acres Mike Lashley Owner Broker Mike s Cell: mike@lashleyland.com
2 Property Highlights List Price $7,223,462 Location The historic Mule Shoe Bar South Ranch is located in the western tier of the famed Nebraska Sandhills approximately 30 miles southeast from Alliance, Nebraska or approximately 30 miles north from Lisco, Nebraska. Broker Comments This is an excellent producing ranch that has only been on the market for a second time in over 100 years. It would not be for sale now if the current ownership did not have opportunities to purchase other land closer to their parent operations. Description HISTORY: The Mule Shoe Bar South Ranch has a previous ownership history that dates back prior to the last century. A family of brothers by the name of Peterson settled in this area of the Sandhills, and proceeded to acquire land via homestead and purchase over the years and their lifetimes. Mule Shoe Bar was one of the ranch names with a brand that went with it. They ended up being some of the largest land owners in this area of the Sandhills joining other names such as Abbott, Black, Hord and Eldred, all of which including the Peterson Brothers, built ranching empires in their own names. Some of the original Peterson ownership is still currently held by their third and fourth generations today. Peterson Brothers stories have been passed down and shared through the generations of Sandhill families.one such story was about the Peterson Hay Trains. During the summer hay season the brothers would team up and share their resources to put up each other s hay meadows for winter feed. Horses, mules, hired men, and horse drawn hay equipment were all brought together to form a large hay crew that worked from the hay train during the summer months. The hay train consisted of several wagons each dedicated to a special purpose to get the hay put up. There could be as many as 5-6 wagons all connected together and pulled by a large team of many mules or horses. The first wagon was generally the straw boss quarters, second wagon, the cook house, third wagon the supply wagon, the fourth and fifth wagons the bunk house wagons and the last wagon the hay supplies wagon. This operation was self-contained with food and supplies for generally several weeks at a time with hay crew, horses, mules and the hay train traveling over thousands of acres putting up hay wherever the Peterson Brothers would want it put up. Spring brandings were also often completed with Peterson ranch shared cowboys. It was a good way to stay social in a day when your only means of transportation was by horseback for the average ranch cowboy working for wages at $25/month or by horse and buggy if you owned the ranch. NEBRASKA SANDHILLS: The Mule Shoe Bar South 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 Nation s largest undisturbed native grassland area. If 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 in depth. Stock wells and irrigation wells are generally considered shallow by comparison to other cattle producing regions in other states. RAINFALL: The rainfall belt in the area and location of these ranches ranges from 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 well located to auction barns in Ogallala and Gordon, Nebraska. Ogallala supports one of the finest livestock sale barns in the state of Nebraska. Thousands of reputation cattle pass through it 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 Mule Shoe Bar South Ranch under the current ownership has been utilized by grazing with some summer haying to supplement for winter feed. In the analysis and use of this resource, five sub irrigated meadows were hayed, three in the northwest end of the ranch and two in the east end of the ranch. The ranch has a number of sub irrigated range sites that Mike Lashley Owner Broker Mike s Cell: mike@lashleyland.com
3 Property Highlights could be utilized in haying with some aftermath grazing or for just grazing.the USDA NRCS has developed and provided both ranch range site maps with estimated acreages as well as an animal unit study for each ranch. These studies have been utilized in determining the estimated carrying capacities of each ranch resource. What follows are the ranch estimates of deeded acres and current real estate taxes from the respective counties; as well as the NRCS estimates of acres, range sites, carrying capacity AUMs under average use, number of pastures, and number of stock wells. The ranch has been evaluated for annual carrying capacity and an estimate of landlord revenue generation on a summer grazing basis utilizing cow-calf pairs and marketing the landlord share of hay production. MULE SHOE BAR SOUTH RANCH: Description: An all contiguous rangeland resource with sub irrigated rangeland sites with a modest set of building improvements. Ranch has 40 pastures and 29 stock wells some of which are shared with neighbors. A combination of county acres and NRCS* acres were utilized for the analysis. Deeded acres by County Record: 11, acres 2015 Real Estate Taxes by County Record: $33, Land Classification Summary Estimated acres by County Record and NRCS* Sub Irrigated/Sandy Lowland Hayed: 832 ac* Sub Irrigated/Sandy Lowland Grazed: 1454 ac* Sandhill Rangeland: 8640 ac* Lake/Marsh: 408 ac* Bldg. Site & Lots : 221 ac* Total estimated acres by county record: 11,555 ac Landlord Revenue Estimate 832 acres* sub irrigated/sandy lowland hayed AUMs/Ton 2595 AUMs (832 acres*) aftermath grazing 168 AUMS 10,094 acres* sub irrigated/sandy lowland/sandhill range 4771 AUMs 408 acres* lake and marsh 221 acres* building site and lots 11,555 acres total by county record 7534/12 months 628 AUs or 18 acres/au 832 acres* hayed 1038 $60/Ton/2 - $31,140 or $37/ac CE (includes aftermath) 4,771/ 5 months/1.5 BWE 636 Pair or 16 ac/pair 636 $55/pair/month for 5 months -$174,900 or $17/ac CE $206,040 Gross Income $33,607 RE Taxes $23,000 R & R $2,200 Misc. $147,233 Net Income, Say $147,000 Net to Landlord Year Around Carrying Capacity Estimate 7534/12 mo 628 AUs Winter 2595 AUMs/4 mo 649 AUs Spring/Summer/Fall 4939 AUMs/8 mo -618 AUs 625 AUs Cows (cow calf, retaining replacements, bulls) 11,555 ac/625 AU - 18 ac/au 11,555 ac/500 Cows 23 ac/cow LashleyLand.com
4 Property Highlights Legal Description Mule Shoe Bar South Ranch: Township 22 North, Range 45 West of the 6 th P.M., Garden County, Nebraska: Section 6: W1/2 Section 7: SE1/4, W1/2 Section 8: S1/2 Section 17: ALL Section 18: ALL Section 19: ALL Section 20: ALL Township 22 North, Range 46 West of the 6 th P.M., Garden County, Nebraska: Section 1: E1/2E1/2 Section 3: W1/2SW1/4 Section 4: SE1/4NE1/4, S1/2SE1/4, NE1/4SE1/4 Section 9: NE1/4, E1/2SE1/4, SW1/4, W1/2SE1/4 Section 10: NW1/4, W1/2NE1/4, S1/2, SE1/4NE1/4 Section 11: S1/2 Section 12: E1/2NE1/4, S1/2 Section 13: ALL Section 14: ALL Section 15: ALL Section 16: ALL Section 21: E1/2, E1/2W1/2 Section 22: ALL Section 23: ALL Section 24: ALL Township 23 North, Range 45 West of the 6 th P.M., Garden County, Nebraska: Section 31: S1/2SW1/4 Township 23 North, Range 46 West of the 6 th P.M., Garden County, Nebraska: Section 36: S1/2SE1/4, NE1/4SE1/4 Township 22 North, Range 46 West of the 6 th P.M., Morrill County, Nebraska: Section 8: E1/2SE1/4 Section 17: E1/2NE1/4, E1/2SE1/4 Mike Lashley Owner Broker Mike s Cell: mike@lashleyland.com
5 LANd Inventory By County Record Land Inventory by County Record Garden County 2015 Description Grass Water Irrigated Bld Roads Waste Total Taxes Site Mule Shoe Bar South Ranch W1/ $1, SE1/4, W1/ $1, S1/ $ ALL $1, ALL $1, ALL $1, ALL $1, E1/2E1/ $ W1/2SW1/ $ SE1/4NE1/4, S1/2SE1/4, NE1/4SE1/ $ NE1/4, E1/2SE1/ $ SW1/4, W1/2SE1/ $ NW1/4, W1/2NE1/4, S1/2, SE1/4NE1/ $1, S1/ $ E1/2NE1/4, S1/ $1, ALL $2, ALL $1, ALL $1, ALL $1, E1/2, E1/2W1/ $1, ALL $1, ALL $1, ALL $1, S1/2SW1/ $ S1/2SE1/4, NE1/4SE1/ $ Morrill County E1/2SE1/ $ E1/2NE1/ $ E1/2SE1/ $ Total 11, $33, LashleyLand.com
6 Aquifer Map Mule Shoe Bar South Ranch Mike Lashley Owner Broker Mike s Cell: mike@lashleyland.com
7 Vegetation Map Mule Shoe Bar South Ranch The Sandhills area of Nebraska is the Nation s largest undisturbed native grassland. It covers 13 million acres in 20 counties in the north central part of the State. As the name implies, it is an area of fine, windblown sand which, without the heavy cover of grass, would be an expanse of moving sand dunes. The roots of these grasses can penetrate 3-5, which allow it to thrive on the abundant groundwater. The Sandhills area is recognized as one of the nation s finest for livestock production. The grasses are a vigorous and nutritious species that supported the vast herds of bison in the days before the coming of the settlers. LashleyLand.com
8 Location Map Boundary lines are estimates - Map for illustration only Mike Lashley Owner Broker Mike s Cell: mike@lashleyland.com
9 Aerial Map Boundary lines are estimates - Map for illustration only LashleyLand.com
10 South Ranch With Roads Alliance Refuge Rd Boundary lines are estimates - Map for illustration only Mike Lashley Owner Broker Mike s Cell: mike@lashleyland.com
11 South Ranch With Roads Road 155 Road 124 Road 155 Alliance Refuge Rd Alliance Refuge Rd Road 155 Boundary lines are estimates - Map for illustration only LashleyLand.com
12 South Ranch Conservation Map Mike Lashley Owner Broker Mike s Cell: mike@lashleyland.com
13 South Ranch Conservation Map LashleyLand.com
14 Property Images Mike Lashley Owner Broker Mike s Cell: mike@lashleyland.com
15 Property Images LashleyLand.com
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18 Property Images Mike Lashley Owner Broker Mike s Cell: mike@lashleyland.com
19 Property Images LashleyLand.com
20 Property Images Mike Lashley Owner Broker Mike s Cell: mike@lashleyland.com
21 Property Images LashleyLand.com
22 Property Images Mike Lashley Owner Broker Mike s Cell: mike@lashleyland.com
23 Property Images Haying and branding at the Mule Shoe Bar South Ranch during the 1950 s. LashleyLand.com
24 The land experts you can trust Contact Information Office: Fax: Website: LashleyLand.com Mike Lashley, Owner Broker Scott Saults, Skip Marland, Adam Marshall, April Good Jordan Maassen, Lucy Thierer and Amy Johnston Like us on Facebook Facebook.com/LashleyLand 2218 E. Walker Road North Platte, NE Mike Lashley Owner Broker Mike s Cell: mike@lashleyland.com All information herein is from sources deemed reliable, however the accuracy is not guaranteed by Lashley Land and Recreational Brokers, Inc., seller or agent. Offering is subject to error, omissions, prior sale, price change or withdrawal without notice.
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