Prewitt Ranch

Description

Live water, irrigated fields, expansive summer pastures, tremendous recreational opportunities and good year-round access. The North Platte River runs through the Prewitt Ranch for over two miles in a historic area along the corridor of the Oregon Trail and the Pony Express. The property is in a great central location within an easy drive to numerous towns and recreational areas. The ranch has been in the same family since the late 1800s.

Prewitt Ranch
Platte & Goshen Counties, WY
5,331 deeded acres - $9,000,000

Property & Current Operation:

    5,331  deeded acres
       240  acres of BLM Grazing Permit
    2,018  acres of State Grazing Lease
=  7,589  total acres

The range has been well managed to promote good grasses and has historically been run as a traditional cow/calf operation, but would also be conducive to running yearlings. The high-protein native grasses are known to typically produce good gains on cattle. Calving is done on the south side of the river where large cottonwood trees line the meadows and lead to cedar hills and draws with good winter protection. The deeded land and grazing allotments adjoin and are fenced in together.  The farming operation includes 210 acres of irrigated land under two electric center pivot sprinklers with low-pressure nozzles. Irrigation water is from two electric wells. In recent years the farm ground has been leased on a "cash rent" basis.

Terrain:  The topography ranges from the North Platte River bottoms and irrigated fields in the south to open pastures and rugged hills in the north. The river bottoms are lined with cottonwood trees. The summer pasture includes gently sloping prairie pastures that lead to rough draws and pine and cedar covered hills. The hillsides and ravines have interesting rock formations that have been carved by years of wind and water. The ranch offers expansive Wyoming vistas from the Haystack Range to the Laramie Mountain Range in the Medicine Bow National Forest. The elevations range from 4,300 feet to 4,600 feet above sea level.

Water:  In addition to the North Platte River numerous water resources are dispersed throughout the ranch to provide maximum utilization of pastures. The summer pasture and bull pasture on the northern portion of the ranch has seven wells, which include two electric wells, four windmills and one solar well. There are also some undeveloped springs. The southern portion of the ranch is along the North Platte River and includes two irrigation wells, three electric wells in the pastures and two electric wells serving the headquarters.

Improvements:

• Main Home - 2,500 sq. ft. modular home on a full unfinished basement. The home was built in 2006 with four bedrooms and 2.5 baths. Open floor plan in the kitchen, dining and living room areas.
• Morton Barn with calving pens, tack room, and electricity. A good set of pipe and continuous fence working corrals surround the barn.
• Cement block shop/garage.
• Chicken coop, storage sheds, fenced garden spot.
• Mobile home hookup.

Wildlife:  Wildlife frequently seen on the ranch include Pronghorn Antelope, Whitetail Deer and Mule Deer along with Turkeys, Geese and Ducks. The North Platte River offers fishing for Brown, Rainbow & Tiger Trout, along with Channel Catfish, Walleye, and Yellow Perch.

Recreation and Area Information:  The area has a combination of incredible history and recreational opportunities. South of Guernsey is Register Cliff State Historic Site where the pioneers carved their names and the date of passage on the Oregon Trail into the limestone bluff. Other nearby recreational sites include Guernsey State Park, Glendo State Park, Fort Laramie National Historic Site and Grayrocks Reservoir, which has been deemed the "hottest bass/walleye, catfish and musky fishing spot in Wyoming."

Guernsey, located along the North Platte River, has a population of 1,076. The town offers a K-12 school, and numerous recreational activities such as a 9-hole golf course, river walk, camping, and fishing. Near town is Camp Guernsey Joint Training Center, a National Guard Base.

Access and Location:  The ranch is located in southeastern Wyoming between Guernsey and Lingle with land in both Platte and Goshen Counties. From Guernsey travel east on US Highway 26 for 4.2 miles to the ranch entrance, which is on the south side of the Highway. From the highway a good privately maintained gravel road leads south across the railroad tracks and to the ranch headquarters. The headquarters is 7/10th of a mile from the Highway. The property is shown by appointment.

Approximate mileage to area towns:

• Guernsey, WY - 5 miles,
• Lingle, WY - 19 miles,
• Torrington, WY - 30 miles,
• Wheatland, WY - 30 miles,
• Scottsbluff, NE - 61 miles,
• Cheyenne, WY - 102 miles
• Casper, WY - 115 miles,
• Chadron, NE - 135 miles,
• Denver, CO - 201 miles,
• Rapid City, SD - 202 miles.

1031 Tax Deferred Exchange:   The Seller reserves the right to effectuate a 1031 tax-deferred exchange according to IRS Regulations. This exchange will not produce any expense or liability on the part of the buyer. The sale of the ranch is contingent upon the Seller obtaining a suitable replacement property to exchange into.