Located 10 minutes north of Crane and 30 miles southeast of Burns, the JMK Ranch is a quality commercial hay operation consisting of 2,230± acres in a contiguous unit. The ranch features 1,125± acres irrigated by nine center pivots, six of which are planted to alfalfa and three transitioning to alfalfa. The ranch produced organic hay until two years ago and is now being fertilized and working toward three cuttings with yields of four to five tons per acre. Eight of the pivots are Valley brand (the most recent one installed in 2011), while the ninth is a Zimmatic installed in 2015. Irrigation water comes from eight wells interconnected through a buried mainline system. Wells pump between 500-800 gpm and depths are in the 300’ to 600’ range. The owner has invested approximately $700,000 into the irrigation system since 2008. The ranch also features 1,085± acres of dry land pasture and 20± acres encompassing the ranch improvements. Buildings and infrastructure include a manufactured home, shop building, 9-bay open-sided machine shed, horse barn, “commodities” barn, and a permitted 750-head backgrounding lot with concrete bunks and metal panels attached to metal posts. In addition, there is a cattle-working facility, loading chute, hydraulic squeeze chute, and an enclosed 20,000 lb. beam scale. Cattle pens are watered with automatic frost-free troughs. Stock water is also available to each of the pivot fields through an interconnected system installed in 2015. The system consists of tire tanks with floats and is capable of providing water throughout the winter. Water is supplied by three wells. The JMK is a component of the McEwen Ranch and Cattle Company and is being offered for sale separately as a standalone property. As part of the McEwen, the property has supplied hay for McEwen cattle and also produced excess hay to sell. The JMK has also served as a location to winter McEwen bulls, receive bred cattle, and hold remnant calves. Hall and Hall’s management division has provided professional oversight of the JMK Ranch since 2008 and is available to work on behalf of a new owner to manage the property under a long-term arrangement or as part of a transition strategy.
Just the Facts
- 2,230± deeded, contiguous acres located 10 minutes north of Crane and 30 miles southeast of Burns
- 1,125± irrigated acres under nine center pivots
- Irrigation water comes from eight interconnected wells with flows between 500-800 gpm and depths between 300’and 600’; all pumps and motors have been pulled and maintained over the past five years; flow meters are in place on all wells
- Six pivots are planted to alfalfa and three are transitioning to alfalfa; formerly an organic operation, the ranch is now being fertilized and working towards three cuttings and four to five tons per acre
- 1,085± acres of dryland pasture and 20± acres encompassing the improvements
- Complete set of functional ranch improvements including a manufactured home, shop building, machine shed, barns, enclosed 20,000 lb. beam scale, and a permitted 750-head backgrounding lot
- Year-round stock water to each of the pivot fields through an interconnected system consisting of tire tanks with floats
- Annual property taxes are approximately $10,500
- The offering includes one-half of the owner's mineral rights (if any)
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Our Hall and Hall broker, Randy Shelton, kept us in the loop as though it were. Our sale hinged on that of larger surrounding parcels, and when an initial offer fell through, Randy went back to the drawing board and found a suitable buyer who shared our values. That meant a lot to us, as our property had been in the family for more than 100 years.
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I interviewed 4 agents and selected Hall and Hall because of the agency’s reputation for expertise in high end ranch property and global marketing. I had the pleasure of working with Tim Murphy on the sale of a family property in the Paradise Valley, Montana. We believe he represented our family interests well and contributed to the integrity of the property by joining together buyer and seller and a shared love for this special place in our lives.
Bill McDavid was an outstanding and very patient partner in this sale. His expertise in the market and marketing of the property was excellent. I would use him again in a heartbeat to either buy or sell a ranch property.
“Guns, bear spray and handsaws: These aren’t the tools of your average luxury real-estate agent. But ranch brokers like Mr. Murphy, a Bozeman-based partner at Hall & Hall, occupy a unique and increasingly challenging niche in the world of multimillion-dollar property.”
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In 1988, Joel Leadbetter became a partner at Hall and Hall where he has been instrumental in completing complicated, high-profile deals such as the recent sale of Texas’ historic 512,000-acre Waggoner Ranch.
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I had been looking for the right property for several years and Elliott Davenport’s insight into the quail plantation market and his ability to think strategically was instrumental in helping me find our new place. Elliott was helpful on all technical aspects of contracting and due diligence. His post closing help with hiring and contractors made the process much easier as well.
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Having been in our family for 70 years, selling Loveridge was a big decision for our family and we needed the right person to walk us through this process. Elliott Davenport has exceeded our expectations and represented our family very well through this sale. His depth of knowledge for the Red Hills, his critical thinking, intimate understanding of the market, and honest approach has made this process very pleasant and rewarding for us. Simply, he gets it and that has served us very well.
Positioning a high-end Luxury Farm in the market to maximize Seller value requires a special set of skills along with a true understanding of the audience. Having a National presence and the knowledge of how to market into that audience is key to executing a successful transaction. Elliott Davenport of Hall & Hall and his team of seasoned professionals are uniquely qualified to deliver these results. They exceeded our expectations! We could not be more thrilled with their performance.
“Having spent the last 18 months immersed in the process of (successfully) selling a large family sporting property, I can’t imagine going through it without Elliott Davenport. His incredible knowledge of the market, deep understanding of and appreciation for our land, thoughtful and resourceful guidance throughout the process, tenacious attention to detail, and his collaborative approach with our on-site land management staff was nothing short of invaluable. He came to us highly recommended by fellow landowner friends, and now it is easy to see why. I and my family would not hesitate to recommend him in a heartbeat to anyone.”