At the end of the day,
our reputation stands.
–John D. Pearson, Broker

We are what we repeatedly do.
Excellence, then,
is not an act, but a habit.
– Aristotle

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DESCRIPTION

Located in a strong agricultural area, the Geringer Farm  is a clean, well-managed, productive property that shows pride of ownership.

LOCATION:  ~½ MILE WEST OF WHEATLAND, WY
269± ACRES DEEDED
PRODUCTIVE FARM PROPERTY | 2 CENTER PIVOTS
GOOD SET OF IMPROVEMENTS | CLEAN, WELL-MANAGED OPERATION

THE LOCATION

The Geringer Farm is conveniently located just one-half mile west of Wheatland at the junction of Hightower Road (Wyoming Highway 310) and Preuit Road, and has nearly one mile of paved frontage along Highway 310. 
 
Interstate 25, the main north-south artery through Wyoming and Colorado, is only one-half mile from the property and provides convenient access to several Wyoming cities including the State Capitol of Cheyenne (70 miles south) as well as the Denver International Airport (2-1/2 hour drive from property).
 
Wheatland (population 4,000±), the county seat of Platte County is a very strong agriculture community and offers many town amenities including schools, churches, retail shopping, restaurants, farm/ranch equipment dealers, and parts stores, as well as being home to a large   cattle feeding company. 
 
The 269-acre Geringer Farm has been owned by the same family for over 30 years and has a reputation of being a consistently productive property.  Two center pivot sprinkler systems irrigate 188± acres and another 60± acres are flood irrigated. The remaining 21± acres include the land where the building improvements are situated, roads, and dry land.  Elevation of the property is approximately 4,700 feet.
 

 
THE HOME AND IMPROVEMENTS

The Geringer Farm headquarters are framed by three large, mature tree belts that  provide shelter as well as add their beauty to the country-flavored setting.  The yard around the home has been beautifully landscaped and is the perfect backdrop for family gatherings and  entertaining friends.

The farm has an excellent set of improvements, including :

• Two-story, 4-bedroom, 2 bathroom home (2,488± sq. ft.) built in 1920.  In 1987 an addition was made to the home along with other remodeling/updating.  The residence is serviced by a domestic well (new in 2005; excellent water) and septic system; electricity is provided by Wheatland REA; digital cable television and broadband internet is available.
 
• Barn — 1,280± sq. ft.

• Garage — 576± sq. ft.

• Shop — 1,728± sq. ft.

• Shed — 4,860± sq. ft.

• Grain Bin — 1,000± bushels

• Corrals with cement apron and feeders.

ABOUT THE FARMING OPERATION

Primary crops grown in the area include corn, alfalfa hay, sugar beets, beans, malt barley and other grains.  Per-acre production for the area averages around 175 bushels of corn, 4-5 tons of alfalfa, and 40 bags of beans.

The entire 269-acre farm has excellent water rights supplied by the Wheatland Irrigation District at a cost of $6.00 per acre.  In addition, the farm has adjudicated rights for four wells, some in need of rehabilitation:
 
Shoop #1 Adj 1959 150 gpm SWSE                          Shoop #2 Adj 1959 150 gpm SWSE 
Hanes #1 Adj 1953 300 gpm SESW                          Hanes #2 Adj 1960 175 gpm SESW

ADDITIONAL INFORMATION

The Geringer Farm is being offered for $1,240,000 (One Million Two Hundred Forty Thousand Dollars). Seller shall require an all cash sale.

Seller reserves the right to effectuate a 1031 tax-deferred exchange according to IRS Regulations.  This exchange will not incur any expense or liability on the part of the Buyer.

Simple Subdivision

In 2009, the owner received approval from the City of Wheatland and the Platte County Commission granting classification of the subject property as a “simple subdivision”.   Under this classification, an owner of the property has the right to sell two lots located in the far southeastern corner of the property where the building improvements are located:  Lot 1 consists of 6.27 acres and Lot 2 consists of 5.00 acres; both lots are zoned R1 under county and city regulations.
 
Mineral Rights:  All mineral rights owned by the Seller, if any, shall be conveyed to Buyer.
 
2009 Real Estate Taxes:  $ 2,858.67.