LOCATION The Schlager Ranch is located in western South Dakota northeast of Sturgis and southeast of Vale. The ranch is north of Highway 34 about 7˝ miles via gravel county maintained roads. The property is about a 30-minute drive from the Black Hills. The property is about 19 miles from Interstate-90. Approximate mileages to nearby towns:
ACREAGE AND CURRENT OPERATION The property consists of 957 deeded acres, more or less. The property was surveyed in 2007, with all property corners being marked. The property lays in one contiguous block. According to FSA data there are 260.10 tillable acres on the ranch. The tillable land is currently in alfalfa-grass hay. Currently the pasture is leased to a neighboring rancher for summer grazing of 40 cow/calf pair. NOTE: Carrying capacity and production will vary due to weather conditions and different management practices. Prospective buyers are advised to make their own determination of carrying capacity and production. Acreage figures have been obtained from Court House records, and USDA Offices. Area livestock sale barns within a 45 minute drive from the property include Belle Fourche, SD; Saint Onge, SD; and Newell, SD. REAL ESTATE TAXES The real estate taxes on the deeded land for 2007 were $2,690. Typically the county reassesses the real estate taxes when a property is sold and may change the property classification for tax purposes, which may result in higher taxes. Prospective buyers should consult with the Meade County Directors of Equalization to determine how the property will be taxed after it is sold. IMPROVEMENTS The ranch headquarters is on the southeast side of the ranch with a tree shelter belt planted around the buildings. The property was utilized as a dairy for many years and has a good set of outbuildings and corrals consisting of :
WATER AND UTILITIES There are five water wells. Some of the wells have not been used in recent years and do not have pumps. Six reservoirs are scattered throughout the property. The headquarters is served by a water well that is piped to the home and several stock tanks in the corrals. PERSONAL PROPERTY The following personal property is included with the sale of the ranch: washer, dryer, refrigerator, microwave, wood stove, 2-500 gallon propane tanks, all swinging corral gates, livestock panels, livestock water tanks, and various items of furniture in the home. MINERAL RIGHTS The Sellers are not making any mineral reservations. Any minerals not previously reserved shall be transferred to the buyer. TERRAIN The topography on the ranch ranges from rolling hay fields on the south side to the hillsides and draws on the north side. Buzzards Peak in the northeast portion of the property overlooks three nearby reservoirs. The elevation ranges from 2,900 to 3,000 feet above sea level. The property also has a small gravel pit. The property offers a long-range view of Bear Butte, which emerges out of the grassy plains in the distance as a familiar landmark in the area. WILDLIFE AND RECREATION Pheasants, whitetail deer, antelope, turkeys, chucker partridges, burrowing owls, and prairie dogs can be found on the property. The Black Hills National Forest, which is south of the property about a 30-minute drive offers good hunting opportunities for deer, elk and turkey. Within a one to two hour drive of the property, a variety of activities are offered year round. Western South Dakota and the Black Hills region are an annual destination for many vacationers. Visit the following websites for more information on the area:
FENCES AND BOUNDARIES Typically fences are put in for convenience and may not follow the legal description. The Seller is making known to all potential buyers that there may be variations between the location of the existing fence lines and the legal description of the deeded property and that the deeded land is not fenced separate from the lease lands. Seller makes no warranties with regard to the location of the fence lines in relationship to the deeded property lines, nor does the Seller make any warranties or representations with regard to the specific acreage contained within the fenced property lines. Seller is selling the property in an “as is” condition which includes the location of the fences as they exist. Boundaries shown on the accompanying maps are approximate, based on the legal description and may not reflect the actual fence lines. The maps are not to scale and are for a visual aid only. The accuracy of the maps is not guaranteed. SOUTH DAKOTA SECTION LINE EASEMENTS Buyers are being made aware that in the State of South Dakota the section lines can be used as easements unless they have been abandoned. NOXIOUS WEEDS Rural properties typically have noxious weeds, including but not limited to, leafy spurge, and thistle. Interested parties should contact the Meade County Weed and Pest for more information on noxious weed control. PROPERTY SHOWINGS The Sellers have requested that the property be shown by appointment only. Please call ahead to make showing arrangements. Your cooperation is greatly appreciated. COMMENTS The Schlager Ranch offers an opportunity to own a balanced property with hay fields, pasture and buildings. It is within communing distance to several area towns and the beautiful Black Hills, yet it’s a rural setting. This western plains property would make a good headquarters unit. PRICE AND PARCEL
INFORMATION The Sellers are amenable to the possibility of owner financing to qualified buyers upon approved credit. Terms and conditions of owner financing shall be at the Seller’s discretion. The Owners are willing to sell the ranch in parcels.
Parcel acreages are approximate. If the property is sold in parcels the Seller reserves the right to designate the parcel boundaries and record easements on the property so that remaining parcels remain practical units and have road and utility accesses in place. The Seller reserves the right to sell the property in accordance with an IRC 1031 Tax Deferred Exchange. The sale is not contingent upon the Seller locating a replacement property. NOTICE This information and any other information contained in the supplemental documents has been obtained from sources deemed to be reliable by Arnold Realty, Inc.; however the accuracy and completeness of this information is not guaranteed or warranted by Arnold Realty, Inc.. Prospective buyers are chargeable with making and expected to conduct their own independent investigation of the information contained herein. This offering is subject to errors, omissions, prior sale, price change, correction, or withdrawal from the market without notice. The Seller reserves the right to accept or reject any and all offers without liability to any buyer or cooperating broker. All measurements are approximate. Arnold Realty, Inc. recommends that every item of interest to the purchaser (i.e. water laws, mineral laws, zoning, use regulations, structural integrity, state, federal and private permits) be independently verified by the purchaser’s attorney. Inspect to the extent deemed necessary.
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