|
|
Search for Properties For Sale in/around Elko Area Information About Allie Agents
| Bear Ranch Location: This ranch is 3 miles east of Elko, Nevada on U.S. Highway 40 (East Idaho Street). Part of the ranch is within the Elko City Limits. Owner of Record: Betty Reed Bear History: Ranch was homesteaded about 1880. The current owner has lived here since 1963, over 40 years. Land Area: The property consists of over 2,800 deeded acres. Zoning: Light Industrial and OS (Open Space – Agricultural) Taxes: Ad Valorem Taxes for 2002-2003 were:
Water Rights: Domestic water for the homes comes from a well. Irrigation water rights (based on the Humboldt River Adjudication and Decree are detailed under Capacity: 300± Cattle Crops: Wild hay is grown on the native meadows. Harvest averages 300-400 tons each season. Improvements: Large 6 bedrooms, 2 baths main home with new roof in 1997. Walk-in cellar. Bunkhouse. Machine Shop. Several sets of working corrals. Historic horse barn with tack room. Calving barn with corrals. Storage buildings. Several mobile home hook-ups. Hunting: Ranch is located in Northeastern Nevada in the center of trophy Mule Deer, Elk and Antelope country. Sage grouse and ducks are plentiful in the fall. Fishing: South Fork State Recreation Area is 16 miles southwest of Elko, offering boating, fishing, water skiing, swimming & camping in developed sites. Also offering these activities is Wildhorse State Recreation Area, located 47 miles north of Elko. Sports: Winter snows afford excellent snowmobiling and skiing. Summer offers swimming, boating and waterskiing. Backpacking and horseback riding are available in some of the prettiest country in Nevada. Potential: The future potential for this property would make a working cattle operation with a dude ranch. School: Elko has 4 Elementary Schools, a Junior High School and a High School. Great Basin College is a growing 4 year college. School bus pick-up is at the ranch entrance. Churches: Over 30 Churches in both Elko and Spring Creek. Mail Service: Elko has 3 Post Offices with the closest about 4 miles away. Retail Services: Elko has 8 Shopping Centers/Mini Malls, 5 Casinos, 7 Supermarkets/Grocery Stores, 36 Hotel/Motels, 64 Restaurants, 15 Real Estate Firms, 11 Financial Institutions. Airports: Elko Municipal Airport, which is served by Sky West (Delta), has several daily flights.Medical: A fully staffed hospital is located at North Eastern Nevada Hospital. Price: $2,500,000.00 Terms: All cash at close of escrow. Showing: Is by appointment only. Offers: The Bear Ranch will be available only to Buyers who submit a current financial statement and reference from a senior officer in a financial institution concurrently with a formal written Purchase Agreement. Area Analysis Location and Accessibility The ranch headquarters for subject property are located adjacent from Elko, Nevada and part of the ranch is within the Elko City Limits. Elko is the main service center of the area and is the County Seat of Elko County. The City of Elko has experienced a dramatic population explosion over the past several years precipitated by extensive gold mining activities in the area. Community Facilities Elko provides all necessary goods and supplies for northeastern Nevada residents including medical and legal services along with shopping and marketing facilities for most needs. Reno, Nevada is 298 miles west; Boise, Idaho is 240 miles north; Twin Falls, Idaho is 165 miles north; Salt Lake City, Utah is 235 miles east; thus providing additional services for this area of Nevada. Public Transportation Elko enjoys excellent transportation services including two major railroads, the Union Pacific and Southern Pacific provides daily freight services along with Amtrak providing passenger services. Numerous truck lines also provide freight service to the area from Salt Lake City and Reno and points beyond. Bus service is provided by Greyhound for both light freight and passengers with several scheduled runs daily. The Elko airport has available commercial air transportation on commuter airlines connecting Reno, Nevada and Salt Lake City, Utah. Private plane services are also available and there are numerous private landing strips scattered throughout the area. Area Economics The economy of Elko County has historically been livestock production, mining and recreation. Livestock operations in the area include cow-calf operations and instances of integrated cow-calf with stockers to utilize excess summer production. Mining activities in the area include gold, silver, copper and turquoise. Elko County also enjoys excellent lake and stream fishing and is widely known for upland game hunting and is one of the better big game hunting areas in the State of Nevada. Some recreational and summer home development has been experienced in the past several years with only limited success. The town of Elko is a popular casino center drawing people from many Western States and Canada. Charter flights and bus groups are common in Elko on weekend tours. Tourism in Interstate 80 is also an important part of the economy. Located approximately midway between Reno and Salt Lake City, it is a popular stopover location. Markets Livestock produced in the area is normally sold to buyers who visit the individual ranches or are shipped to feedlots or grassland in Idaho, Utah, western Nevada and California, for continued growing and finishing. There is a minimum of agricultural commodities produced in the area as cash crops. Most of these produced are marketed locally to other ranching units. Livestock auctions are located in Nampa, Twin Falls and Caldwell, Idaho and Fallon, Nevada. Elevation The elevation at the main ranch headquarters is approximately 5100 feet. Elevations on the fee land range from 5090 feet on the meadows of the ranch to 6900 feet at the northerly extremes on the deeded land in the Adobe Range. The elevation at Elko, Nevada is 5075 feet. Climate The National Oceanic and Atmospheric Administration records reported at the Elko Station, reflects average precipitation at slightly over 8 inches annually, the majority occurring during the winter months in the form of snow, with secondary maximum occurring in April through June in the form of rain. Summer precipitation occurs mostly as scattered showers and thunderstorms. Snowfall in the surrounding mountains is much heavier than in the valleys, providing water necessary for irrigation during the summer months. The high elevation, proximity of high mountains and general dryness of the atmosphere contributes to a wide range in temperatures. Average daily temperatures range from 20 degrees in December and January to 85 degrees in July and August. Daily high/low temperatures can vary as much as 55 degrees. The average growing season in the immediate area of the subject property averages 90 to 100 days, consequently farming is limited to hay production and grass pasture. National Weather Service - Elko Soils Soils on the irrigated meadows are classified by the Soil Conservation Service as being in the 440 map symbol group including a complex of Devils gait and Woof us. These soils are clay and clay loams, 30 to 50 inches deep, over lying sands and gravel. Permeability is moderate to moderately rapid. Water holding capacity is moderately high to high as is alkali/salinity conditions. Erosion factors are low. Range site soils include loams and gravelly loams with some areas of clay loams with clay sub soils. Typically these soils are not necessarily suitable for irrigation, however, they do respond very well to range re-seeding. Improvements, utilizing crested wheatgrass, have been very successful. Vegetation on rangeland sites includes big sagebrush, low and white sage and rabbit brush. Undergrowth grasses include Idaho fescue, Nevada bule, bunch grass, bottlebrush, squirrel tail, western needle grass, cheat grass and Great Basin Wild rye. Based on the Humboldt River Adjudication and Decree, the following is a summary of irrigation water rights enjoyed by the subject property. Bartlett Decree; Humboldt River
Land Classification and Use The following land classification summary is based on a composite of information gathered from the Elko County Assessors Office, U.S.D.A. Soil Conservation Service, U.S.D.A. Agricultural Stabilization and Conservation Service, and from irrigation water right records at the State Engineers Office and the Humboldt River Adjudication and Decree. Lands included in the subject property will be categorized into several classifications. Irrigated native meadows which are utilized for hay production and aftermath grazing. Classified in the Humboldt Decree as Harvest Acres. Diversified pasture land is, that land which has some irrigation or sub-irrigation characteristics, but is utilized for grazing rather than harvested crops. Crested wheatgrass seedlings, is native range land which has been improved by seeding domestic grasses. These lands are capable of producing a substantially higher quality and quantity forage, than native rangelands. Finally native grazing land is usually without irrigation water and has a lower carrying capacity per acre than any of the above classifications. Commonly identified as “range land”, this classification can include both fenced or open land and land within fenced boundaries of a farm or ranch which is not included in any of the above classifications. The various classifications are as follows. Parcel I
Feed Sources and Estimated Carrying Capacity Description - Parcel I AUM’s
Estimate Annual Carrying Capacity = 223 Animal Units 2680 AUM’s for 12 months = 223 AU’s Carrying Capacity and Balance Defined
Survey of the Property Physical Features The subject property is locally known as The Bear Ranch. Parcel I will include the majority of the deeded land along with the associated Federal Grazing Permit. This unit consists of 2800 acres, including native meadow and pasture lands, rangeland improved with crested wheatgrass seedlings and native rangeland. Parcel II consists of 16-17 acres located between the Right of Way for Interstate 80 on the westerly side and U.S. Highway 40 on the easterly side. This parcel has been zoned for light industrial use. Improvements on this parcel include all the working corrals, barns, storage buildings, several mobile home hook-ups and the main house and residence of the owner, Betty Bear. Total acres approximately 2840 acres. Bear Ranch Plot Map Ranch History Betty Bear and her husband Paul purchased the ranch in 1963 from Frank Fernald, who had owned the property for many years. It was, and continues to be a cow/calf ranching operation devoted to raising beef cattle for market, utilizing both deeded land and Federal Grazing permits for forage production. Water Rights: Early priority, decree water rights, contributes to desirability and enhances value. Productivity: These factors influence income and/or the cash on cash return. More productive land commands a higher unit price. Improvements: Good quality structural improvements tend to have a positive influence on unit price, except where acquisition is made to expand an existing operation.
This information was obtained from sources deemed reliable but is not guaranteed by the broker. Prospective buyers should check data to their satisfaction. This property is offered subject to prior sale, price change, correction, or withdrawal. Broker expressly disclaims making any representations concerning the physical condition of, the value of, or title to any real property, personal property, or water rights, or any government entitlements (e.g. zoning) relating thereto. You are strongly encouraged to make your own independent investigation of such matters. Without limiting the foregoing, Broker advises you of the following risks for which the Broker assumes no liability: Water Boundaries. If the property is bounded by water, the boundary of the property may have shifted and title to the offered property may be adversely affected thereby. Lead Based Paint: Homes built prior to 1978 may present exposure to lead from lead based paint. A risk assessment or inspection for possible lead based hazards is recommended as is a complete home - building inspection from a qualified home inspector. Radon: Radon gas may present a health risk and radon testing is suggested. Noxious Weeds: Properties may contain noxious weeds. Government agencies may require owners to control or even eradicate noxious weeds. Meagan’s Law: Certain sexual and violent offenders and other individuals may be required to register their addresses with government agencies from whom you may obtain such information. Buyers and sellers are advised to hire competent surveyors, lenders, 1031 exchange companies, appraisers, title companies, accountants, inspectors, and legal professionals and not rely on the Broker or any real estate agent for professional advice in these matters. Direct all correspondence and inquiries to Allie Bear Real Estate: Allie Bear |
| ||||||
