5,785 Acres, Lee Brothers Absolute

Land Description

Absolute Auction January 22, 2025 10 00 am CST Ramada Inn, North Platte, NE Click here to watch the auction online. Watching the auction online, does not require any action. There will be no online bidding. If you are planning to absentee bid, registration is optional however, you must complete and return the Terms and Conditions-Bid Certificate on or before January 17, 2025, to be approved for absentee bidding. 5,785 acres in 21 parcels located in Perkins County, NE and Chase County, NE. Location/Background The historic Lee Brothers Ranch, and Lee Land and Livestock is located in both Chase and Perkins counties. From the feedlot it is approximately 13 miles South of Elsie, Nebraska and approximately 24 miles Northeast of Imperial, Nebraska. This ranch was homesteaded in the early 1900S. This is the first time this ranch has been for sale since it was homesteaded at the beginning of World War I. Property Summary The Lee Brothers Ranch and Lee Land and Livestock comprises approximately 5,785 deeded acres by county record. Please see individual Parcel information for details on the total and type of acres in each Parcel. Rainfall The rainfall belt in the area and location of this ranch ranges from 17 -19 inches 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 are very rare. Markets The ranch is located within a reasonable driving distance of several livestock auction barns in the state. Thousands of reputation cattle pass through these barns 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 that are nationwide in scope. Economics of Scale This ranch is considered large enough to support a typical sized family along with some day help, but would also make an excellent investment opportunity. The ranch could easily be rented out to qualified people. Minerals The current ownership will convey all owned minerals. Parcel Breakdown Parcel 1 Ne1/4 25-11-36 Perkins Co. Total Acres 165.73 Dryland 163.65 Road 2.08 Taxes $1,716.10 Parcel 2 Se1/4 27-11-36 Perkins Co. Total Acres 169.40 Dryland 92.07 Grass 75.31 Road 2.02 Taxes $1,391.21 Parcel 3 Se1/4 5-9-36 Perkins Co. Total Acres 163.76 Dryland 158.66 Road 4.03 Farm.07 Taxes $1,741.08 Parcel 4 Sw1/4 28-9-35 Perkins Co. Total Acres 159 Dryland 155.03 Road 3.97 Taxes $2,160.12 Parcel 5 -Total acres and taxes are estimated. Final values TBD by survey. S1/2 34-9-36, Nw1/4 4-8-36 Est. Total Acres 238.46 Irrigated 138.46 Dryland 97.67 Road 2.33 Cia's 138.5 Est. Taxes $6,238.58 Pivot has an electric motor. New pivot put in about 4 years ago. Parcel 6-Total acres and taxes are estimated. Final values TBD by survey. E/12 33-9-36, Ne1/4 5-8-36 Perkins and Chase Co. Est. Total Acres 742.17 Dryland 56.43 Grass 683.74 Road 2 Est. Taxes $3,650.46 Parcel 7-Total acres and taxes are estimated. Final values TBD by survey. In E1/2 & E1/2 W1/2 32 of the 6th P.M. Perkins County Est. Total Acres 73.79 Dryland 24.1 Grass 27.11 Road 3.62 Farm 18.96 Est. Taxes TBD Parcel 8-Total acres and taxes are estimated. Final values TBD by survey. In E1/2 & E1/2 W1/2 32 of the 6th P.M. Perkins County Est. Total Acres 249.69 Irrigated 209.4 Dryland 27.9 Road 12.39 Cia's 209.4 Est. Taxes TBD Pivot has an electric motor, 100 hp, with one well for both pivots. Note Pivots overlap on parcel 8 Parcel 9-Total acres and taxes are estimated. Final values TBD by survey. In E1/2 & E1/2 W1/2 32 of the 6th P.M. Perkins County Est. Total Acres 152.49 Dryland 10 Grass 142.49 Est. Taxes TBD Parcel 10-Total acres and taxes are estimated. Final values TBD by survey. Ne1/4 31 of the 6th P.M. Perkins County Est. Total Acres 159.08 Irrigated 127.16 Dryland 8.14 Grass 21.83 Road 1.94 Cia's 127.15 Est. Taxes $4,793.88 Pivot has an electric motor, 100 hp. Parcel 11-Total acres and taxes are estimated. Final values TBD by survey. Se1/4 31 of the 6th P.M. Perkins County Est. Total Acres 159.08 Irrigated 127.16 Dryland 8.14 Grass 21.83 Road 1.94 Cia's 127.15 Est. Taxes 4,793.88 Pivot has an electric motor, 75 hp. Note There is a 600 300 set of corrals on parcels 10-11. If sold separately will need to put gates on one side. Parcel 12 gets well water if sold separately. Parcel 12 W1/2 31-09N -36W of the 6th P.M. Perkins County Total Acres 325.75 Irrigated 262.7 Dryland 5.17 Grass 49.9 Road 7.98 Cia's 262.7 Taxes $9,696.22 Pivot has an electric motor, 75 hp, with one irrigation well for both pivots. Parcel 13 E1/2 Ne1/4 02 & N1/2 Se1/4 01 of the 6th P.M. Chase County Nebraska Total Acres 581.56 Dryland 526.7 Grass 43.86 Road 11 Taxes $5,719.46 Parcel 14 Sw1/4, W1/2 Nw1/4 06 of the 6th P.M. Chase County Nebraska Total Acres 248.84 Dryland 221.75 Grass 22.09 Road 5 Taxes $2,307.48 Parcel 15 Pt Nw1/4 Se1/4 Ne1/4 E1/2 Nw1/4 & Pt Ne1/4 Se1/4 06 of the 6th P.M. Chase County Nebraska Total Acres 284.75 Irrigated 210 Dryland 39.45 Grass 27.77 Road 5.25 Waste 2 Cia's 210 Taxes $6,523.48 Pivot is powered by a natural gas motor. Parcel 16 Nw1/4 07 of the 6th P.M. Chase County Nebraska Total Acres 160.40 Irrigated 130.4 Dryland 28 Road 2 Cia's 130.4 Taxes $4,085.56 Pivot is powered by a natural gas motor. Parcel 17 S1/2 35 of the 6th P.M. Perkins County Total Acres 319.60 Dryland 77.17 Grass 236.69 Road 2.02 Shlt 3.72 Taxes $2,100.54 Parcel 18 All 03 & N1/2 E1/2 Se1/4 10 of the 6th P.M. Chase County Nebraska Total Acres 1,061.24 Grass 1,057.24 Road 4 Taxes $5,262.18 Parcel 19 S1/2 Nw1/4 11 of the 6th P.M. Chase County Nebraska Total Acres 80 Dryland 79 Road 1 Taxes $839.46 Parcel 20 E1/2 Ne1/4 15 of the 6th P.M. Chase County Nebraska Total Acres 80 Grass 78 Road 2 Taxes $388.25 Parcel 21 Nw1/4 & Pt Sw1/4 14 of the 6th P.M. Chase County Nebraska Total Acres 210.52 Grass 202.72 Road 7.59 Shlt.21 Taxes $1,009.04 Note For parcels 17-21, the well is located on parcel 21, connected by pipeline to 20, 18, and 17. If any of these parcels are sold separate from 21, then the Buyer/s will be responsible for drilling their own well or coming to a well use agreement with the Buyer of 21.