LAND AUCTION – 640.61 +/- Acre Pasture in Custer County – Offered in 2 tracts or as an entire parcel


LAND AUCTION

Friday, October 14th at 1:30 p.m.
Custer County Fairgrounds | 4-H Building
44100 Memorial Drive
Broken Bow, NE 68822

640.61 +/- Acres offered in 2 tracts or as an entire parcel

Centrally located hardland pasture that would be a great addition to any cattle operation. For the avid outdoorsman, there is outstanding recreational potential. Access to the property is by township road located on the west side. Currently, water is supplied by one windmill and water wells from neighboring properties.

Tract 1 Acres – 319.65 +/-   Tract 1 Real Estate Taxes – $3,510.00

Tract 2 Acres – 320.96 +/-   Tract 2 Real Estate Taxes – $3,403.76

Legal Descriptions – North 1/2 Section 16, Township 15 North, Range 21 West; South 1/2 Northeast 1/4 & Southeast 1/4 Section 8, Township 15 North, Range 21 West; North 1/2 Northeast 1/4 Section 17, Township 15 North, Range 21 West

Water Wells – Three windmills are located on the property. Two of the three windmills are not working. There are three tanks on the property where water is supplied from the neighbors’ wells. All water tanks are owned by the tenant.

Custer18

Jakes Horses & Harleys – Arnold, NE

Jakes Horses & Harleys is a turn-key business opportunity in Arnold, Nebraska, sitting along the north side of the heavily traveled       Highway 92.  The property sits on a 3,600 sq. ft. lot and has had numerous updates done throughout the past couple of years.  The building was built in 1930 and consists of a 1,614 sq. ft. main level, with approximately 950 sq. ft. in the basement/storage area.  The hard work has been done for the new owners, ready to begin their journey in an extremely supportive and progressive community.

New Updates Include:

  • Stainless steel appliances
  • Refrigerated salad bar
  • Security system
  • Tables and chairs
  • Refrigerator-freezers
  • Furnace
  • Compressor to the walk-in cooler
  • Bartop and barstools
  • And much more!

Custer17

144.09 +/- Acre Recreational Property in Custer County

*AgWest Land Brokers LLC represented the buyer in this transaction.

Located only a few miles northwest of Callaway, NE right off of the Arnold River Road is a 144.09 +/- acre recreational property with all your hunting and outdoor needs. With approximately 1/2 mile of the South Loup River, this spectacular piece of land offers an abundance of trees, running water, and 43 acres of dryland alfalfa making this the perfect habitat for whitetail, mule deer, turkey, upland birds, and waterfowl.

Custer15

Kalinowski Ranch – 801.36 +/- Acres & Home with Outbuildings


If you’re looking to start or expand your current operation, here is the chance you’ve been waiting for!  Located only a few miles west of the wonderful community of Oconto, NE, right off a well-maintained gravel road, sits the well-managed Kalinowski Ranch.  There is a total of 801.36 +/- acres split up into 9 different pastures for rotational grazing with 4-5 barbed wire fences and 7 additional pens around the house that all have 7 ft. fences.  There are approximately 48 +/- acres that the sellers hay in the summer months, with a fenced-in bale yard for hay storage.  The property has been aerial sprayed for buckbrush and the cedars have been well maintained.  The property is currently leased for the 2022 grazing season, running 100 cow/calf pairs for a six-month period.

Running from the two-year-old well is over 16,000 ft. of underground waterlines connected to 8 tanks and 12 hydrants.  The many established shelterbelts provide a great source of protection for livestock and are an attraction for all wildlife in the area.

For ease of operation, there are two sets of corrals on the ranch.  The main corrals, near the house, are set up with windbreaks and 8 ft. fences with stout 8 ft. steel gates and loadout area.  The second set of corrals are across the road to the southeast of the headquarters and are set up for branding and preconditioning.  There are two barns, both have electricity and lights, a small storage shed, and a large 4,600 sq. ft. steel building with 220 and 110-volt outlets.

The home on this property was built in 1920 and is 1,970 sq. ft. with 4 bedrooms and 1 bathroom.  There are also a few rooms that are essential to every “farmhouse” which include a mudroom, laundry room, front porch, and a storm shelter/cellar.  Several built-in cabinets provide great storage and the central heating and air keep the home comfortable year-round.

This property has been in the Kalinowski family for the past 49 years, raising everything from cattle, elk, ostriches, yak, exotic deer, and many more. Don’t miss this opportunity to now make it yours for many years to come!

Legal Descriptions

Parcel ID: 000092000

Legal:  S ½ NW Section 4 Township 13 North Range 22 West GOVT Lots 3-4 160.74 +/- Acres

Parcel ID: 000092200

Legal: Section 5 Township 13 North Range 22 West GOVT Lots 1-2 80.58 +/- Acres

Parcel ID: 000098100

Legal: SE ¼ Section 32 Township 14 North Range 22 West 160 +/- Acres

Parcel ID: 000098200

Legal: SW ¼ SE ¼ Section 33 Township 14 North Range 22 West 320 +/- Acres

Parcel ID: 000098300

Legal: S ½ SW Section 34 Township 14 North Range 22 West 80 +/- Acres

Custer16

 

Meridian Canyon Ranch – A Recreational Property in Custer County


Property Overview: Located in northeastern Custer County, near Sargent, NE, is a hidden one-of-a-kind recreational property.   There are approximately 2,340 +/- acres, with 1,914 +/- acres of that being pasture and recreational land that includes a mixture of deciduous and cedar trees, providing a great habitat for deer, turkey, elk, and several exotic animals.  There are several trails and scenic views overlooking the property, as well as several ponds and water sources for livestock and other animals spread throughout.  The other 426 +/- acres consist of dryland, hay meadow, and food plots for all your upland bird hunting.  The entire property is surrounded by an 8 ft. high tensile fence, which requires very little maintenance, with a remote-operated gate at the entrance.

Another desirable feature of the property is a 3 bedroom, 4 bathroom, 1,837 sq. ft. furnished rustic log cabin home built in 2001, with a   beautiful wood log and stone exterior.  Large windows throughout the home present natural lighting, along with breathtaking views of the property.  The updated kitchen and large stone fireplace in the living area serve as the heart of the home, with a guest suite and master suite to each side.  The master suite features a tiled bathroom, a large walk-in closet, and access to the wraparound deck that overlooks the beauty of the Meridian Canyon Ranch, where you can enjoy the sounds of elk bugling, birds chirping, and all the other wonderful sounds of nature with no neighbors in sight.  Downstairs you will find an entertainment area, office area, wet bar, and an additional guest bedroom with walk-out doors to the lawn.

Sitting next to the home, built in 2005, is a 390 sq. ft. art studio built within a detached, 598 sq. ft. rustic log cabin, two-car garage with a small workbench and control box for the underground sprinkler system.

There is a 40’ x 60’ steel building with concrete floors, workbenches, and electricity.  A registered irrigation water well sits just to the north of the building and is set to pump 700 gpm.  The property is located in the Lower Loup NRD Water District.

Additional Income:  To generate additional income and utilize the land in the summer months, the property is used for grazing, haying, and farming.  During the winter months, the property is used entirely for recreational purposes, selling all kinds of big game, exotic, predator, and bird hunts, along with property tours.

Current Leases on the Property:

Summer Pasture Lease Expires 2021

Farm Ground Lease Expires 2021

Hunting Lease that Expires March 31st, 2025

Income Potential:

150 cow/calf pairs @ $50/month for 6 months = $45,000

Farm ground income = $11,000/year (Prices vary with different Crops)

Hunting Lease $3,500/month for 12 months = $42,000

Total Income Potential: $98,000

Legal Descriptions:

Parcel ID: 001363910

Legal: PAR in SW ¼ Section 27 Township 20 North Range 17 West

49 +/- Acres Corner TWP Custer County, NE

Parcel ID: 001364000

Legal: W ½ NW Section 27 Township 20 North Range 17 West

79.98 +/- Acres Corner TWP Custer County, NE

Parcel ID: 001364100

Legal: N ½ Section 28 Township 20 North Range 17 West

319.25 +/- Acres Corner TWP Custer County, NE

Parcel ID: 001364200

Legal: SW SE Section 28 Township 20 North Range 17 West

40.07 +/- Acres Corner TWP Custer County, NE

Parcel ID: 001364300

Legal: SW ¼, N ½ SE, SE SE Section 28 Township 20 North Range 17 West

280.22 +/- Acres Corner TWP Custer County, NE

Parcel ID: 001364600

Legal: E ½ NE, SE ¼ Section 29 Township 20 North Range 17 West

240.91 +/- Acres Corner TWP Custer County, NE

Parcel ID: 001365220

Legal: NE SW, N ½ SE & N ½ E RD Section 32 Township 20 North Range17 West

338.42 +/- Acres Corner TWP Custer County, NE

Parcel ID: 001365300

Legal: S ½ SE Section 32 Township 20 North Range 17 West

80 +/- Acres Corner TWP Custer County, NE

Parcel ID: 001365400

Legal: SW ¼ Section 33 Township 20 North Range 17 West

160.1 +/- Acres Corner TWP Custer County, NE

Parcel ID: 001365500

LegaL: NW NW, S ½ NW Section 33 Township 20 North Range 17 West

120.22 +/- Acres Corner TWP Custer County, NE

Parcel ID: 001365600

Legal: E ½ NE NW Section 33 Township 20 North Range 17 West

360.47 +/- Acres Corner TWP Custer County, NE

Parcel ID: 001365700

Legal: NW ¼, Section 34 Township 20 North Range 17 West

160.3 +/- Acres Corner TWP Custer County, NE

Parcel ID: 001365900

Legal: SW ¼ N of RD Section 34 Township 20 North Range 17 West

110.1 +/- Acres Corner TWP Custer County, NE

Water Wells:

Located in the Lower Loup NRD, there are two registered wells on this property.

Registration# G-100153, drilled 1998, 700 gpm, 226’ static level, 275’ pumping level, 320′ pump depth, 620′ well depth, 8” column.

House Well: Registration # G-106740, drilled 2000, 23 gpm, 220′ static level, 233′ pumping level, 273′ pump depth, 340′ well depth, 1″ Column

Custer12

Broken Bow Dairy

1,150 Cow Permit

Up to 436.58 +/- acres (360.04 +/- irrigated cropland) can be included

Broken Bow Dairy Story

Doug and Linda Hodorff have a lifetime in the dairy industry.  In Wisconsin, Doug founded Second Look Holsteins in the 1970s and later merged with Doug’s parent’s dairy in the late 1980s.  Today, Second Look Holsteins LLC milks 1,100 Registered Holsteins.

Linda Keene Hodorff grew up on her family’s Raymau Farm in Auburn, Maine.  A 1977 graduate of Cornell University College of Agriculture, Linda worked as a Cooperative Extension Farm Management Agent in Otsego County, NY, and spent 8 years with Carnation Genetics/Landmark Genetics (now Alta Genetics).

The Hodorff’s have been married and working partners in Hodorff Enterprises for approximately 39 years.

Together they entered the Nebraska dairy industry in 1999 when they purchased a small former feedlot in southwestern Nebraska to raise their Wisconsin dairy heifers.  Today, thousands of Wisconsin heifers move to Nebraska and neighboring states to be raised.

In September 2005, the Hodorff’s purchased this vacant 200 cow dairy in northern Custer County located north of Broken Bow at Milburn, Nebraska.  It has now grown to a 1,150 cow permit.  Hodorff’s have added highly productive irrigated land in the area to support the dairy over the past 16 years. Now there are 436.58 owned acres included in their operation.

Location Advantages

Nebraska is one of America’s primary producers of grain and cattle.  It is 4th in corn raised for grain and 1st in commercial cattle slaughter.  Nebraska is second in ethanol production with byproducts available for livestock feed.  A large amount of alfalfa hay is grown in Nebraska.

Custer County is in the true center of the state of Nebraska, and the dairy is on the southern edge of the great Sandhills grasslands.  The county lies over the Ogallala aquifer providing the best quality and largest quantity of underground water storage in the world.  This provides pure water at a shallow depth for the cattle and the irrigated land for the dairy.  Some of the dairy-owned acres also have access to a rural canal system providing additional water.  Many acres of neighboring irrigated farms are available to purchase feed and support the growth of the business in the future.

Awards

Broken Bow Dairy has received many Nebraska Dairy Association Awards including lst Place in Milk Quality production in 2018 and 2019.  Daily per cow milk volume has also been outstanding, hitting an average daily rate of 92# and 91.1# milk sold/cow in 2018 and 2019 respectively for 839 cows and 843 cows in those years.  The herd ranked in the top 3 for pounds of protein in each of the past 10 years.  In 2020 under COVID and stressed prices, the herd grew to 877 cows milked daily (1,000 cows total).  Later in the year, some cows were sold,  but the per day average only declined to 87.4# per day per cow.  Also in 2020, Broken Bow Dairy bred the 1st place Junior 3 year old at the Southern National Holstein Show in Oklahoma.

The Broken Bow Dairy herd has received the Holstein Assn USA Progressive Genetics Award as one of the top 500 herds genetically in the US for many years.

The Hodorff’s Second Look Holsteins breeding herd in Wisconsin has also attained numerous awards.  Cows bred from their herd have received awards in multiple states at various 4-H and national shows.

Both Linda and Doug have been active in leadership in the Dairy Industry and with Agriculture issues in Wisconsin and Nebraska.  Doug served on boards including WI Holstein Assn, FFA Alumni and DHI.  Linda is a former board member of Holstein USA, Nebraska State Dairy Assn, WI Livestock Identification Consortium, PDPW, and NAIDC (National Intercollegiate Dairy Challenge).  In 2021, Linda was one of eight women honored as Agricultural Mentors by the Women’s Agricultural Leadership Conference.

Local Rural Culture                           

Custer County is a very livestock friendly area with a smaller rural population.  This county is the home of Adams Land and Cattle Company, located in the southern part of the county, one of the largest cattle feedlots in the nation, feeding 130,000 head annually.  Broken Bow dairy and other dairies could grow dramatically in this county in the future.

Dairy Location Description                   

The county seat of Custer County is Broken Bow (population 3,600).  Broken Bow Dairy is located approximately 17 miles north and one mile west of Broken Bow.  Sargent (population 525) is 18 miles east of the dairy and is a welcoming smaller community with an excellent public school system and other rural services.

Opportunity                   

The Broken Bow Dairy opportunity is to purchase an award-winning dairy, with a long history of success.  It can be purchased turnkey as a fully operating business with milk production flowing daily for immediate income.  Or, it possibly could be purchased in different component parts with lease provisions and options to purchase the balance of assets into future years.

Financing                     

The Sellers are primarily financed through Investors Community Bank in Wisconsin.  They have a long history of performance with this lender.  Sellers have typical dairy financing on cattle, equipment, dairy facility, feed inventory, and farmland, which ranges from long-term to short-term Lines of Credit.

Situation 

Unfortunately, Doug Hodorff had a bad car accident on July 7, 2017, which took an extended time to fully recover.  Linda and Doug are now nearing retirement age and think it is best to market this dairy, possibly to another family enterprise.

Other members of the Hodorff family decided to concentrate on the Wisconsin Second Look Holsteins operation and decided against transitioning to ownership of their Nebraska dairy.

Hodorff’s, over the past few years, entered into a partnership with a young Nebraska managing partner and intended to finalize the sale to him in 2020.  COVID stress and personal family issues resulted in his decision to abandon this purchase.

Flexibility                     

The Hodorff’s have the financial flexibility to consider many types of possible transactions.  If a buyer has an interest in the Broken Bow Dairy, the Hodorff’s are willing to consider an outright sale or possible exchange for other investment real estate to facilitate a new family moving to Nebraska.  They are also open to a purchase arrangement over time to an experienced dairy family or consider creating a mutually advantageous joint venture proposal.  Their dairy and business experience in multiple states makes them not area bound in decision making.

If a buyer is interested in acquiring the Broken Bow Dairy, the discussion should begin.  The brokers and agents have the resources to fully understand and facilitate all aspects of an operating dairy acquisition through exchanges or structuring sale terms to minimize immediate tax consequences for either the Buyers or Sellers.  All discussions and ideas are encouraged.

Dairy Details               

Double 16 Parallel Milking parlor

Two milk tanks with a total capacity of 8,500 gallons

North Building:  468 stalls, 100’ x 530’(approx. dimensions)

South Building:  383 stalls, 90’ x 475’ (approx. dimensions)

Enclosed Kohler backup generator

700+/- acres under ownership and agreements with DEQ permit for manure management.

Lagoons expanded in 2016.

Manure is managed by scraping, hauling, and through irrigation.

Manager Home – built in 1999, 2,000+/- sq. ft.

Employee Homes (2) – built in 2009, both have full basements.

A detailed list of equipment and cows available upon request.

Onsite Manager:  Terry Rawn

Milk Marketing           

Broken Bow Dairy LLC markets its milk through Dairy Farmers of America (DFA).  Milk is transported to various Nebraska plants including Norfolk and Omaha.  The Grow Nebraska Dairy Initiative, supported by our Governor and local politicians, is working to recruit additional processing capacity to Nebraska since dairy cattle numbers have increased over the past decade.

Hodorff’s have discussed the potential sale of the dairy with DFA representatives and DFA has shared willingness to work with qualified owners at the level of Department of Environmental Quality (DEQ) permit and the dairy’s history of peak production.  Additional growth will be subject to the approval of both governing entities.  If additional market competition comes about through the location of additional processors, then the potential growth in the future should be unlimited.

Legal Descriptions:          

Parcel ID: 00144665

Owner: Douglas R & Linda K Hodorff Revocable Living Trust

Legal: Lot 1 excluding Parcel, Lot 2, South Half Northeast Quarter (S1/2 NE1/4) and North Half Southeast Quarter (N1/2 SE1/4) Section 4, Township 19 North, Range 20 West.

Acres: 236.11 +/-

Parcel ID: 001341850

Owner: Douglas R & Linda K Hodorff Revocable Living Trust

Legal: Part of the West Half (W1/2), and that part of the West Half East Half (W1/2E1/2) of Section 20 lying south of the Sargent Canal System (Loup Basin Reclamation District; all in Township 20 North, Range 20 West.

Acres: 83.4 +/-

Parcel ID: 001337110

Owner: Broken Bow Dairy, LLC

Legal Description: West Half Southeast Quart (W1/2SE1/4) Excluding Parcels Section 19, Township 20 North, Range 20 West.

Acres: 54.04 +/-

Parcel ID: 001337112

Owner: Broken Bow Dairy, LLC

Legal Description: Legal Description:  Parcel in West Half Southeast Quarter (W1/2SE1/4) Section 19, Township 20 North, Range 20 West.

Acres: 7.73 +/-

Parcel ID: 001337111

Owner: Broken Bow Dairy, LLC

Legal Description: Parcel in Southwest Quarter of the Southeast Quarter (SW1/4SE1/4)

Acres: 5 +/-

Parcel ID: 001341750

Owner: Broken Bow Dairy, LLC

Legal Description: Legal Description:  Part of the East Half of the East Half (E1/2E1/2) South of Canal (Excluding Canal) Section 19, Township 20 North, Range 20 West.

Acres: 50.3 +/-

Water Wells                 

G-132984, Drilled 2005, 1,000 gpm, 18’ static level, 32’ pumping, 160’ well depth

G-132985, Drilled 2005, 1,000 gpm, 21’ static level, 33’ pumping, 160’ well depth

 

*This property is being co-listed with Steve England from Investment Property Exchange Inc.

Stephen England, SEC ALC EMS

Investment Property Exchange Inc.

3811 Central Avenue, Suite G

Kearney, NE 68848

308.440.8190

sengland@ipexneb.com

 

Custer11

40944 W Highway 92, Arnold, NE 69120

Great opportunity to own an acreage a mile and a half west of Arnold, NE, along the south side of Highway 92.  This 1,745 sq. ft. home was built in 1953 and sits on 3.7 +/- acres with established landscaping and trees for protection.  The home includes 3 bedrooms, 2 1/2 bathrooms, and a two-car attached garage.  Several updates have been done throughout the house, including new windows and shades, new siding and gutters, new furnace and central air unit, and a new water system.  There was a brand new roof installed in August of 2020, all new flooring, kitchen cabinets, countertops, and so much more.  Other improvements are a 40ft storage container, a 36ft x 20ft detached garage with an attached 26ft x 9ft lawn shed and an attached lean-to.  There is tons of storage and plenty of room for all your outdoor activities!

Custer10

242 +/- Acres along the Custer/Dawson County Line

Here is the opportunity to own a 242 +/- acre combination property along the Custer and Dawson county line.  This property offers 66.51 +/- irrigated acres that consists of 28.3 +/- acres of alfalfa grass hay mix, and 38.21 +/- acres of cover crop.  There are 171.49 +/- acres of good quality pasture that include 7 tanks with overflows, 1 additional tank with a float, and a stocking rate of 6-7 acres per cow-calf pair.  This property also includes a 3 bed 2 bath residence built-in 1920, with several updates and improvements done on the interior and exterior.  A nice barn with a heated tack room, water heater,  and a self catch head gate with 6 pens and a hay-loft that is located just north of the house.  A 30′ x 40′ garage with an attached lean-to and small storage sheds are also found on the property.  Don’t miss this great opportunity for a young farmer or rancher looking to start their own operation!

Legal Descriptions:

Custer Co. – S1/2 S1/2 Section 35 Township 13 North Range 21 West

Dawson Co. – N1/2 NW1/4 Section 2 Township 12 North Range 21 West

Irrigation System Information: Reinke Irrigation System, 460 Ford Propane Engine.  Registration # G-061381, drilled in 1979, 800 gpm, 124’ static level, 145’ pumping level, 8” column, 315’ well depth.  66.51+/- certified irrigated acres, all in the Central Platte NRD.

Property Improvements: Close to 2 1/2 miles of new barbed wire fence. The rest of the fences are in average condition. There is a mature cedar tree shelter belt with lots of protection.  Working corrals with 300’ of fence line feed bunks with an apron split between four pens with piped corrals. There is a nice barn with tin siding and roof, a lean-to with 18 ton overhead bulk bin, a 30’ x 40’ garage, and a few other outbuildings and sheds.

House Information: 3 bedroom 2 bath 1920 single-family home, 1,008 sq. ft. with a finished basement.

Custer09

 

 

Woodland Drive Home in Arnold, NE

Here is an opportunity to own a nice 4 bedroom, 1 1/2 bath house on the Northwestern edge of Arnold, NE. The main floor includes an eat-in-kitchen, living room, office, 1 bedroom, and 1 1/2 baths featuring the original tub and sinks from when the house was built in 1920.  The second floor holds the master bedroom with a large closet and two other bedrooms.  Mudroom with laundry, along with full basement for storage or rec room gives you additional square footage for this home. This property sits on several lots with a large yard and has great building potential.

Þ 4 Bedrooms, 1 1/2 Bathrooms

Þ 1,287 sq. ft.

Þ Detached 40 ft. x 20 ft. Garage

Þ Sits on several lots with a large yard and building potential

Þ On the northwestern edge of Arnold, NE

Þ 2019 Property Taxes: $1,065.16

Custer08

 

Custer Co. Recreational

Located just South of Arnold, Nebraska, this property could be the perfect place for you to build your weekend getaway. With a spring fed 20 +/- acre lake, this property offers plenty of hunting, fishing, and boating opportunities. Ease of access by gravel roads, and the potential for some income with a holding capacity of 35 pair of cattle for a five month grazing period. If you haven’t put this on your list you need to.

Custer06