Divide Ranch - Platte County, Wyoming
Deeded Acres: 2763
Leased Acres: 120
Total Acres: 2883
Asking Price: $2,900,000
All deeded contiguous unit of gently rolling grasslands, hills, draws and ravines that can be utilized as either a year-round cow/calf operation or yearling operation.
- Located 15 miles north of Wheatland in Platte County, Wyoming.
- Stock water availability and distribution is excellent.
- Building improvements are functional and in excellent condition.
- Large, comfortable 3-bedroom, 2-bath home.
The Divide Ranch is a well-established, functional cattle ranch. Cross-fenced into 12 pastures, there is adequate supply of livestock water with new pipelines, tanks and drinkers. There are no irrigated acres. Depending on the year (precipitation, etc.) dryland hay can be harvested; approximately 1,100 large round bales were harvested in 2016.
More Ranch Details
Location Click To View
The Divide Ranch is located in the northern area of Platte County, in southeastern Wyoming.
Wheatland (population 3,548) is the county seat.
Year around access to the ranch is excellent as the headquarters are located just north of Highway 26.
Description of Ranch Click To View
The Divide Ranch is primarily an all deeded contiguous unit. The southern boundary of the ranch fronts Highway 26.
The topography consists of flat to gently rolling grasslands, hills, draws and ravines. The elevation ranges between 4,700’ and 4,900’ above sea level. According to the NRCS 30-year average, the annual precipitation in the area is 14 inches.
The ranch has been cross-fenced into 12 pastures. Stock water availability and distribution is excellent. Over the past few years, new pipelines, storage tanks, 14 rubber tire drinkers and fences have been installed.
The ranch can easily be utilized as a year around cow/calf operation or a yearling cattle operation. Because of the close proximity to large sale/auction facilities in Torrington, cattle can be moved in/out of the property with low transportation/freight costs and minimal weight loss. The Torrington sale barn is Wyoming’s largest facility and is ranked the fifth largest nationally.
A ten-year contract with the Conservation Reserve Program (CRP) on 667.6 acres was established in 2012 (terminates in 2022). The acreage was contracted for $25 per acre, which equates to an annual payment of $16,690. Depending on weather conditions, etc. permission may be granted to graze or harvest hay from some of the CRP acres. These acres are fenced separately. The CRP contract and annual payment must be assigned to a new owner.
There are no irrigated acres. Again, depending on the year, dryland hay can be harvested; approximately 1,100 large round bales were harvested in 2016.
Improvements Click To View
The headquarter buildings are located just north of Highway 26. Most of the improvements on the ranch are either new or have recently been remodeled. The buildings are in excellent condition and reflect pride of ownership.
The attractive residence was built in 1963 but has recently been remodeled and updated. The main level contains 1,776 sq. ft. A large kitchen, living room, three bedrooms, two bathrooms, and utility room with washer/dryer make up the main level with a deck on the south side of the home. The basement offers a cozy sitting area, two bedrooms, one bathroom and a storage room.
Other improvements include:
Oversized, 2-car detached garage with cement floor.
New machine shed with heated workshop.
Horse barn with tack room.
Comfortable apartment above the barn has one bedroom, one bathroom, kitchen and living room.
Corrals have an open-faced shed, cattle working alleys, and a new loading chute that accommodates both small livestock trailers and semi-trucks.
Offering Details Click To View
The Divide Ranch is being offered for $2,900,000.
(Two Million Nine Hundred Thousand Dollars)
Seller shall require an all cash sale.
The Seller reserves the right to effectuate a tax-deferred real estate exchange pursuant to Section 1031 of the Internal Revenue Code and the Treasury Regulations promulgated thereunder. The Buyer shall agree to cooperate and shall not incur any additional liability or expense in connection with Seller’s tax-deferred exchange.
2016 Real Estate Taxes: $3,973.48.
Possession: Seller will not be able to give possession until November 1, 2017 because of cattle operation. However, if buyer needs to close before November 1, 2017, Seller would consider renting back the home, pasture, etc.
Mineral Rights: Seller shall convey all presently owned mineral rights, if any.