For Sale

Philpot Ranch

$2,650,000 Stapleton, NE 1,731± Deeded Acres

Executive Summary

Philpot Ranch consists of 1,731± deeded acres in Logan County, Nebraska. The property is located four miles north of Stapleton along Highway 83. The ranch features 184± acres under pivot irrigation, wetlands, living shelterbelts, and native rangeland, which makes it a very well-balanced unit and supports all kinds of wildlife from big game to waterfowl. Philpot Ranch would make an excellent investment property, with a leaseback option or ranch expansion.

Just the Facts

  • 1,731± deeded acres
  • 184± certified irrigated acres
  • 130± additional acres for irrigation development
  • 200± acres dryland hay ground
  • 2014 Zimmatic pivot
  • Two solar wells with 30-foot tanks
  • Five windmills with 30-foot tanks
  • Half mile living shelterbelt
  • Hwy 83 access
  • Five separate pastures
  • Good barbed wire fences

General Description

The Philpot Ranch varies in topography from nearly flat irrigated ground to rolling sandhills. The irrigated pivot covers 184± acres and currently has 110 acres of alfalfa, and the balance was corn in 2020. Bumper crop corn and alfalfa is very common in the area, and this ranch is no exception to that. There are remaining acres that could be developed for more irrigation as well. A well-established living shelterbelt provides wildlife habitat and winter storm protection for livestock. The living shelterbelt has a well-diversified species of trees includes cedar, pine, cottonwood, ash, and numerous others. The ranch is separated into five pastures, and fences are very well maintained with an excellent water supply for livestock. The native sandhills range is just as it was when early settlers discovered the bountiful area. US Highway 83 abuts the property along the entire west property line for great access. Everything on the ranch exudes strong pride in ownership and has been very well cared for. The owner would entertain a leaseback option on the ranch also.

Broker's Comments

This is a very fine investment property with an owner’s leaseback being offered. The ranch combines all needed amenities for a year-round operation, and excellent care has been provided by current owners. With the possibility of expanding the current irrigated acres, the net return becomes very attractive. This is a property that does not need additional capital invested and is ready for you. Enjoy the peaceful setting and recreational amenities.

Learn about the locale

Location

Philpot Ranch is located 30 miles north of North Platte, Nebraska, or just a short four miles north of Stapleton on US Highway 83. North Platte is the closest commercial air service and provides all major amenities. Stapleton has elementary and high school along with all small-town amenities.

Locale

Philpot Ranch lays on the transitional border between the Sandhills and fertile farm ground of Nebraska. Northern Nebraska is well known for the great cattle country of the Sandhills and superior farm ground to the east and south. The ranch is on top of the Ogallala Aquifer, the world’s largest underground Aquifer. Logan County is steeped in history of cattle ranching and early settlers. The area has proven to be a very successful area to raise a family and a productive ranch/farm.

Climate

Average annual precipitation is 22 to 24 inches, which the majority of comes during the spring and summer months. The average high temperature ranges from 85 degrees in July to 36 degrees during January. For the most part, the area is noted for low humidity, allowing comfortable evenings and mornings.

Learn more about the property

Acreage (Deeded & Leased)

Deeded Acres: 1,731± Acres
Certified Irrigated Acres: 184± Acres
Dryland Hay Ground: 200± Acres 
Potential Irrigation Acres: 130± Acres 
Native Range: 1,346± Acres

Deeded Acres: 1,731±
Total Acres: 1,731±

Improvements

The irrigated acres were all developed in 2014, including a new high-capacity water well. The pivot is a 2014 Zimmatic 11 tower unit watering 1,775 feet. The pump is powered by a John Deere 6,068 diesel engine. Other improvements include two solar wells and five windmills.

Water Resources

The high-capacity irrigation well was drilled in 2014 to a depth of 360 feet. The pump is set at 90 feet with a static water level at 23 feet. The pump delivers 1,200 gpm to the pivot or over 6.5 gallons per acre. Cattle livestock water includes two solar wells and five windmills, all having 30-foot tanks or more. The ranch is also blessed with numerous wetlands. Water is not in shortage on this property and as water becomes a hot commodity in the future, this property will secure your needs.

Mineral Rights

Any and all seller owned mineral rights will be transferred to the buyer.

Taxes

Taxes are estimated at $14,463.00 annually.

Learn about the recreational amenities

Wildlife Resources

The combination of irrigation, trees, wetlands, and native Sandhill range provide excellent habitat for deer, upland birds, waterfowl, and coyotes. The stand of alfalfa is a natural food plot along with the wetlands that will attract all wildlife and provide great hunting or viewing opportunities.

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