Category Archives: Ranches for Sale
There is a lot to love in Colorado, with awe-inspiring scenery, year-round recreational activities, and investment opportunities as just some of the reasons why people head out west. With all these outstanding features, it is no surprise that Colorado land for sale is in high demand.
Colorado is a photographer or hiker’s dream, with vast tracts of alpine mountains, plains, sand dunes, and canyons located within the state borders. All of this variety brings diverse weather patterns, which makes Colorado a true year-round destination. Therefore, there are many potential ways to gain a significant return on investment for potential investors.
Diversity in the Land
As mentioned above, Colorado is home to a diverse landscape, and this can be witnessed within the borders of the Lower Ranch at Cross Mountain, just west of Craig. The ranch is well-watered with large stretches of the Yampa River and Little Snake River running through and meeting within the borders, which gives vital nutrients to the meadows and pastures beside it. Also, there are tracts of high desert and extensive cottonwood forests on site, which makes it ideal land for big game such as elk, mule deer, and antelopes.
With diversity comes many business ventures, and this particular ranch currently operates a successful sheep and winter pasture business. The property also holds several big game hunting tags and access to one of the biggest stretches of un-dammed rivers in Colorado, which could be used to the owner’s advantage.
There Is a Lot under the Land As Well
In Colorado, what goes on below ground is just as important as the stunning views above ground. Throughout the state, large deposits of gas, oil, coal, and uranium can be found underground, and understandably this area is big business for all stakeholders involved.
When searching for properties, this is a key area to focus on, as the rules regarding this area are complicated. Some sites will have access to extensive mineral rights, while others may not, which can have a major impact on the value of the property and the prospective operations of the ranch. For example, the Porcupine Ridge Ranch in Topanas holds the rights to over 4,400 mineral acres. Therefore, it is crucial that you are clear about the technicalities of this issue before going ahead with a purchase.
Getting Away from It All
For some people, the idea of purchasing land is to escape from life in the city. Therefore, they often look for a recreational to help them de-stress and reinvigorate them, whether they are retired or just want a change of pace.
As Colorado is home to a diverse range of geography, finding a place which has access at all times of the year is worth considering. There will be a higher cost, but with this investment comes year-round opportunities for leisure.
One example of this is the Three Meadows Ranch in Carbondale. The ranch is well located with some lovely towns only a thirty-five-minute drive away, and the world-class Aspen ski resort is nearby as well. This gives the owners access to excellent hunting, hiking, and skiing within the property or close by, making it the perfect escape whatever the season.
As one of the largest and least populated states in the United States, New Mexico has a lot to offer prospective buyers. Being such a large state, its geography is very diverse, ranging from forests to deserts, with the Great Plains and numerous mountains also combining to create a unique landscape. With this diversity comes many intriguing possibilities for investment.
When considering New Mexico land for sale, there are several factors that can influence the price and should be taken into account before going ahead with a purchase.
You should have a clear idea of what you want to use the land for before proceeding so that you can find the property that best fits those needs. The value of the land will be influenced by its location, on-site features, and surrounding infrastructure, which will also have a major impact on turning a profit on the land.
Big game hunting and excellent fly-fishing across the state can attract people who will be interested in using your land as a base camp. Therefore, land for recreational use will be highly prized if there are significant stretches of private water combined with big game landowner tags. Even though this will likely mean an increase in the initial purchase price, the potential to add value by developing the land as a sports ranch is immense.
To attract paying guests, the land will need high-quality lodging and easy access to local airports or highways. Anything too rural will be a niche market, which may not be sufficient as a concern. When you have looked at the land, it is imperative that you look at the existing buildings on site and consider whether there is any scope to develop the land further.
Farming land opportunities will be determined by the lay of the land, climate, water rights, and the surrounding infrastructure, all of which will be taken into account when reaching a valuation of the land. Water, in particular, is an important factor, as New Mexico is one of the driest states in the United States, so having large tracts of water through the land is likely to cost a premium, especially if the land comes with extensive water rights.
Beef, hay, pecans, and chili peppers are some of the main crops grown throughout New Mexico, but not all land will be ideally suited for these products. Regarding livestock, there will be a need for pastures, barns, and other infrastructure which will add costs to the initial valuation or further down the line.
As briefly mentioned above, New Mexico is one of the driest states in the country, and the agricultural industry and state government have started tackling this challenge head-on in recent years. The Restore New Mexico initiative has seen collaboration between all stakeholders in a bid to improve the overall quality of the land and water, making the area more attractive for flora and fauna, which can help with the production of more crops on the land.
For prospective owners, active participation in conservative schemes usually attracts many financial benefits alongside the gratification of helping to nurture the land for future generations. Regarding valuation of the land, it is important to understand the state regulations and the overall access to the land, as there may already be some existing easements or leases in place. All of which can impact the current and future values of the land.
The Sunflower State is right in the middle of the United States and has played a pivotal role in the nation’s wheat production for generations. Home to every kind of prairie landforms seen in the United States, it should come as no surprise that the state is home to a diverse range of flora and fauna, which create an ecosystem conducive to the growing of crops and the raising of livestock. In fact, in addition to being the leading producer of wheat in the United States, Kansas is second only to Texas in heads of cattle.
Kansas has a lot to offer, with stunning landscapes, vibrant cities, and vast opportunities for investment, so it is no wonder that people see Kansas ranches for sale as an exciting proposition.
Agriculture Is King
Agriculture is the primary driver of the local economy, with over 85 percent of the state’s land set aside for some agricultural venture. As mentioned above, wheat and cattle are the main areas of production in the state, but corn, soybeans, and hogs are also high in demand. Therefore, ranches in Kansas are particularly attractive for investors looking to get involved with a working ranch.
Work Hard and Play Hard
As a state which relies so heavily on agricultural production, it is no surprise that there are many initiatives in place to ensure that the ecosystem is nurtured. This means that the area is dotted with lakes and ponds full of fish, which in turn keeps the land healthy, thus attracting big game.
An example of these unique opportunities is the Red Sky Ranch in Lebanon. The property enjoys a fantastic location, dotted with lakes and ponds, which is perfect to enjoy after a busy day working on this ranch. And there are likely to be many busy days, as this property has a very productive crop and cattle operation.
When not working the land, there are many opportunities for fishing and hunting on site or at nearby national parks. Red Sky Ranch has many lakes and ponds to enjoy downtime at or on, as well as sizeable numbers of turkeys moving through the property.
Hit the Ground Running
Another attractive proposition is the H-Z Ranch in Lawrence, which offers all the benefits previously mentioned but with some bonuses. This particular property gives would-be investors a chance to move in and begin working on day one. Its location is outstanding, situated next to Clinton Lake State Park, and the existing operations offer a sustainable source of income. This is likely to be a big enough draw for many people, but there is unlimited investment potential, as the property carries its own mineral rights, and there is additional land available to purchase.
Currently, there is a cattle operation on site with excellent facilities for horses as well. But income generation is just one element which makes this site worth looking at. The views across Clinton Lake from the property are stunning, as are the recreational opportunities available on and around the lake.
Fishing and hunting are great ways to let off some steam, and this area offers many chances to do just that. Whitetail deer and turkeys come through the property in large numbers, and the property carries two landowner deer tags, with the on-site habitat ideal for holding even higher numbers. Regarding fishing, Clinton Lake holds large stocks of trout, catfish, bass, and crappie.
Home to some of the best national parks and landscapes in the world, it is no surprise that Wyoming sees a lot of visitors from all over the world. Close proximity to one of these national parks can be leveraged if you choose to operate as a sporting ranch or to open up your gates to visitors looking for high-quality lodging and a small slice of the cowboy’s life.
Whether you are considering such ventures or plan to work the land, Wyoming land for sale is an exciting investment opportunity, providing excellent returns on investment. In this short post, we will look at a few ranches currently on the market and their potential uses.
A Recreational Paradise
The Cottonwood Ranch in Daniel is the perfect ranch for anyone who loves spending days in the great outdoors. Its location and on-site topography attract big game such as elk, moose, mule deer, and pronghorns. Also, there are outstanding fly-fishing opportunities within its borders, so the avid sportsman will have all he needs within the property.
The property has been actively involved in several conservation projects, which has helped flora and fauna thrive in and around the ranch. Also, the conservation projects have enabled the site to hold a sizeable herd of cattle.
For the Investor Turned Cowboy
The chance to trade an office for a farm is an attractive proposition for many, and the Continental Divide Ranch provides the opportunity to do just that. Located near Rawlins in south-central Wyoming, the site is ideal for year-round cattle operations.
A stretch of the North Platte River runs through the property, meaning it is well-watered, which provides excellent conditions for pasture lands and growing hay. Growing hay and having well-fed and watered cattle allows the owners to turn a good profit from the property. Also, the current owner leases some of the land to another cattle owner for grazing, which brings in a sustainable source of income.
The Place to Hit the Ground Running
Some investors are looking for turnkey properties with minimal upkeep required to begin or continue existing operations. For these kinds of investors, Table Mountain Farm in Huntley would be a savvy investment.
Table Mountain has been well-looked after and has a broad scope regarding potential operations, as it holds extensive water rights and is home to a vast variety of soil. Experts in the area believe that this site would be an excellent location for a highly lucrative and successful alfalfa farming operation. As the site and its on-site infrastructure are in immaculate condition, it would be possible to gain substantial returns on investment from year one onwards
Just the Tip of the Iceberg
The ranches listed above are just a small sample of the options available in the Cowboy State, so it shouldn’t be too difficult to find the right property to meet your specific requirements.
Wyoming has so much to offer investors and tourists alike, so it is no surprise that it continues to attract both of these in large numbers.
The modern economy of Nebraska was created off the blood, sweat, and tears of early ranchers who saw the benefit of setting up farms here. Fast-forward to the twenty-first century, and agriculture still provides the backbone for the economy and the lives of many residents, with the state generating the fourth highest agricultural revenues in the United States.
With that in mind, many investors will seek a slice of that pie when considering the available options. But agriculture is not the only reason to invest in Nebraska land for sale, with an abundance of recreational activities and business opportunities existing within the state lines. Before diving into your first property in the Cornhusker State, make sure you do extensive due diligence and consider the following factors and their impact on the valuation of the land.
As with other states in the West, Nebraska is home to a varied landscape, which makes specific areas more conducive to particular operations. Make sure you look at what operations are currently being carried out on the land and in the surrounding area. Visit the area to get a real feel for what is and isn’t possible on the property.
Specific attributes of the land can create considerable variations in prices, as some sites will have extensive mineral and water rights, land approved for future development, and private hunting tags. During the initial search, knowing the lay of the land regarding these issues should be a high priority.
Factors Regarding Agriculture Land
As mentioned above, farming is big business in Nebraska with around 92 percent of the land used for agricultural purposes. The state is one of the largest producers of beef and pork, as well as soybeans, milk, hay, and wheat, with many of these products being exported to other countries.
How you decide to use the land will depend on many factors such as the location of the ranch, the climate, and access to water and markets. Isolated areas may be available at a lower price, but extra costs will be incurred in the transportation of crops and livestock.
Also, the value of the land will be greatly affected by the condition of existing buildings, equipment, and vehicles. Some land will already have high-quality facilities in place, whereas others will need more work to get them ready for your required operations. When doing your initial search, look for what the land is currently used for and what work has been done on associated sites. This will give you a clearer picture of the existing scope and potential of operations.
Factors Regarding Recreational Land
Most people who decide to invest in Nebraska come because they are attracted to earning a living from the land, which usually means some form of agricultural venture. However, this isn’t the only way to turn a profit, with some ranches operating as successful sports or dude ranches.
There are numerous opportunities for big game hunting and fly-fishing across the state, providing landowners with an opportunity to attract visitors from throughout the United States and beyond. If this sounds like something that would be of interest, then you should look for sites with varied topography and vegetation, as they tend to attract more species of big game. Hunters will pay high premiums to enjoy world-class hunting, so check for the kind of game is common around the area and whether the property holds any landowner tags.
Large bodies of water will attract fly-fisherman, and this can be lucrative for landowners if water on site is private property. Both of these features are highly sought after by landowners, but they will add value to the selling price, especially if there are excellent on-site facilities already in place.
Investment in land is always an intriguing prospect, whatever your reasons for seeking to invest. However, it is vital that you do your homework before signing on the dotted line, as there are numerous factors that could affect the buying price and the potential resale value.
Being one of the largest and least populated states in the United States means there is a lot of land to go around, but not all land is created equal. Read on to look at some of the factors that affect the price of Montana land for sale.
Size and Location
The activities you wish to conduct on-site will determine the overall acreage you will require. Obviously, the more acres you want, the higher the price, especially if the property is located in a highly sought-after area. Access to local infrastructure will also have an impact, as more remote sites might not attract as many buyers.
Being placed near or on National Parks, Lakes, and Reserves can affect the land valuation and your ability to add value in the future, either by running a recreation lodge or applying for conservation easements.
Water and Mineral Rights
Access to water can have major implications on the value of the property and makes the land subject to some complicated rules and regulations. Water rights are one of the first things you should look at when conducting your due diligence, as it can affect your ability to irrigate the land and store and use the water on site.
The water rights for many of the ranches in Montana will be included as part of the valuation, but it is important to be clear on what these rights entail and what water is deemed private and public. If you have lots of private bodies of water running through the land, there are possibilities of raising income from private fishing.
Regarding mineral rights, the level will vary from site to site, and again, this should be a major consideration before any purchase. Montana has a system in place that has been going for years, so even if the property holds the mineral rights, the current owner is unlikely to own 100 percent of them. Again, this is an area that should be explored in depth when conducting your due diligence.
Existing On-Site Infrastructure
If you are looking at sites that have had considerable amounts of work done on them, then the price is likely to be higher than undeveloped land. Some investors prefer to buy turnkey operations with an existing ranch management structure in place, which comes at a price. However, the additional cost can be seen as an investment if irrigation, accommodation, and working areas such as barns are in an excellent state of repair. Trust us; if you are new to ranching, this will be an excellent help while you are getting your feet wet.
On the flip side, some land owners have invested heavily in property improvements but haven’t actually added a great deal of value to the property. So the existing infrastructure doesn’t necessarily mean you will have to pay a premium. It is well worth working alongside an experienced property management company when looking at properties, as they will know a lot about the land and its potential.
Land is a precious commodity and as such is subject to fluctuations in price due to factors such as supply and demand. As part of the initial prospecting, it is essential to get your fingers on the pulse of the local market. Think about recent developments in the area such as weather, environmental concerns, demand for crops and livestock, and likely future developments in agriculture and tourism. All of these factors can have a significant impact on the buying and resale price of the land and the difference between a good bit of business and disappointing returns.
Land is a valuable commodity, and many owners often purchase land for investment purposes. Others have been in the ranching trade for generations and are just looking to change things up during their retirement. Whatever the reason, there are several steps you need to follow when getting your ranch or land ready to sell.
It Is Never Too Early to Start
When you decide to put your land up for sale, it is vital that you prepare long before any prospective buyers show up. It even makes sense to prepare long before you meet with a broker, so they can get straight to work when they come to value the property.
There are many things to do to make your property presentable, and your broker will want to take photos and videos of the property at its pristine best. Without these, you are going to have problems selling your property.
Make Sure the Maintenance Is Done
Nothing is more likely to put off potential investors than seeing a property in a sorry state of repair, as they will not want the additional cost of fixing things. Yes, some investors do like the challenge of developing a ranch from the ground up, but this is a niche market, and you shouldn’t expect a long line of people waiting for the opportunity to buy.
Therefore, you should make sure all fences and buildings are in excellent condition and that any trash or obsolete equipment is removed before viewings. Also, make sure that the access roads are clear and not overgrown. This helps to build up anticipation in buyers and makes a favorable first impression. If buyers feel like they are driving into the jungle, then they may very well turn back around before even getting to the door.
Have Your Records Organized and Ready to Show
Regardless of what operations you do on your ranch, it is important to prepare your financial documents before a visit from the broker. For example, if you have cattle or grow crops, you need to show the inventories and production records. These will help the broker make an accurate valuation and enable the potential buyers to have a clear idea about the potential of the ranch.
Another area that you need to have accurate records on is any conservation easements, zoning rulings on areas of your property, and any mineral or water rights that your property has. All of these factors can have a significant impact on the valuation and attraction of potential buyers.
Hire a Broker
Selling a ranch is a complicated process, so hiring a broker can make the process much smoother for you and the buyer. The broker will be able to help you market the property and find the right kind of buyers without you having to do any of the heavy lifting. Also, they will be able to advise you on how to best proceed with the sale from a legal and financial standpoint.
Once you have authorized a broker to act on your behalf, it is crucial that you are available to welcome potential buyers when they visit the ranch, as they will want to get an accurate lay of the land. They will most likely have a lot of questions, so be prepared to be a gracious host when they come to look around.
The Rocky Mountains are symbolic of the great American West and have long been an integral part of the lives of the people who have been drawn here. The waters that come down from the mountains feed rivers, streams, and creeks, which in turn helps provide water for the diverse flora and fauna.
This backdrop attracts many prospective ranchers and old hands alike, with ranch properties in Colorado, Montana, Wyoming, New Mexico, and Utah being much sought after. However, finding the perfect Rocky Mountain Ranch requires doing some homework before getting out the checkbook.
What is the Purpose?
You need to ask yourself this question before starting your search so that you don’t waste time looking at ranches that are not ideal for you. Are you looking for a retreat, or do you want to spend your time working the land? Do you plan to do the work yourself or put ranch management in place? All of these are areas that need to be considered before contacting a ranch broker.
For first-time ranchers, a small, well-run ranch will be ideal, as a large site will likely be far too much work. Trophy hunters will want a ranch that supports a diverse range of game, something the Rocky Mountains are famous for. Regarding hunting, the Burro Mesa Ranch in Trinidad, Colorado comes highly recommended due to its outstanding habitat suitable for harvesting deer and elk.
Alternatively, if you are a lover of the outdoors and see buying a ranch as a way to generate revenue, then consider running a sports club or ranch resort. For these to be successful, you need to be in an area that can offer recreational activities year-round. Many sites in Colorado are good for this due to the excellent infrastructure, abundant rivers, and world-class ski resorts. There are opportunities to host guests for skiing, hiking, rafting, fly-fishing, and myriad other activities.
Once you have thought about your ideal ranch location, you can start looking around for brokers. When you meet them, it is important to list your requirements and ask questions about the following areas:
- Water and Mineral Rights: Owning these rights can seriously enhance the value of a property and gives the owner scope to develop the land to meet their purpose, such as building new irrigation channels or creating fishing ponds.
- Conservation Easements: These vary from state-to-state and will limit some activities such as farming, depending on the terms of the agreement.
- State Zoning Legislation: If you are planning to develop a hunting club, you’ll need high-quality lodging. Some ranches will already have buildings onsite while others will require new ones.
- Access to the Property: This is important irrespective of why you are looking to buy a ranch. Luckily, the Rocky Mountainsregion has an excellent infrastructure, so you are never too far from a population center or airport.
- Past Pollution Problems in the Area: This is important to know, as it can limit the potential to harvest certain crops or develop fisheries.
- Flooding and Drainage: For specific crops and wetlands, flooding can be beneficial, but in some circumstances, it can be disastrous, so take the time to get to know the weather systems, snow melts, and the lay of the land before investing.
Many families live on a ranch for generations while others work a ranch for a specific financial goal. Whatever the reason, at some point the owners may consider selling the property to scale up their business, downsize, or to move out of the ranching industry altogether. Selling a ranch property is a complicated process and can take a considerable amount of time due to fluctuations in land prices and economic and environmental conditions.
When you have decided to sell your ranch, there are some steps you need to follow to ensure that the process is as stress-free as possible. Here are a few tips on how to sell a ranch so that you get the best possible return on your investment.
Call in the Experts
Valuing ranch property is complex, so it is vital that you get the property adequately appraised by a real estate expert who specializes in agricultural properties. They will be aware of issues in the sector such as zoning, water and soil quality, conservation, and yields, all of which will affect the overall value of the property.
Be aware that prices fluctuate, so it is imperative that you get an accurate price related to current economic conditions.
Emphasize What Makes Your Ranch Great
When you are ready to list your property, make sure you emphasize the strengths of your property regarding the lay of the land, hunting opportunities, and cattle raising features. Making sure that you use high-quality photos and informative listings is crucial to getting the attention of possible buyers. A broker who specializes in selling ranches is best suited for marketing your property and handling the complexity of ranch transactions.
Understand the Tax Implications of the Sale
Taxation can be a very complicated area when looking at selling ranch properties, so getting a tax expert in will help you negotiate this minefield. Ranch properties are subject to different taxes than regular residential properties, and if you make a profit on the original purchase price, you’ll also be subject to capital gains tax.
Make Sure the Property Is Ready for Viewing
First impressions count more than most in the ranch business. If buyers see a well-maintained ranch with sparkling surface water, they will be more likely to invest. Overgrown fields, hedges, and damaged fences are sure to put investors off before they even get through the front door. So even if you don’t spend much time on-site, it is worth visiting the site and attending to any maintenance jobs that are required.
This might seem a strange tip for a blog about selling a ranch, but for some families looking to downsize, leasing the land is a viable option.
Many ranchers have successfully been able to downsize their operations by leasing out pasture land or areas adjoining ski resorts to other ranch owners or business people. It helps to reduce the workload while bringing in a regular stream of income, leaving you time to enjoy the things you like best.
Buying a ranch has an almost unlimited potential for people looking to diversify their property portfolios, expand their existing ranch operations, or make a massive change in their lives. No matter the reason, it will involve a substantial investment, regardless of the size of the property.
When you start looking for available ranch land, there are numerous things to consider, which can be particularly overwhelming for prospective ranchers. However, in all cases, there are some important details to think about. Here are our five essential tips for buying your new ranch.
Have a Clear Picture
Having a clear idea of what you want to use the ranch for is one of the first things any would-be investor needs to consider. If you are seeking a place to escape, you will be looking for something very different than people who wish to raise cattle or grow crops. Likewise, investors looking for top-quality hunting and fishing will be looking for ranches with a varied topography close to or within National Park boundaries.
Once you have a clear idea of the type of ranch you want, you can start looking at available locations and the amount of space you will realistically need for your desired operations.
Where Did the Day Go?
Running a ranch is a full-time job, and there will always be a to-do list! The amount of work required will depend on what you use the ranch for, and you may need to hire additional staff during busy periods. This is as true for dude ranchers as it is for cattle ranchers. For example, a dude rancher will have to maintain the lodging and stables to a high standard, while a cattle rancher will have have to look after the livestock, fields, fences, and irrigation.
It is essential that you are fully aware of the time involved in running a ranch. If you are new to ranching, take the time to consult experienced ranchers or property agents to gain a greater understanding. From there, you can create a realistic plan for your property regarding its management.
Where Is the Water?
All ranches need a reliable source of water to operate successfully, so this should be a major consideration when conducting your research.
Owning the water rights of natural water sources passing through or adjacent to the property can add a lot of value to the property while offering the owner a tremendous amount of flexibility to use the water to develop or expand the operations of the ranch.
A Gift from the IRS
In many states, owning a ranch offers potentially significant tax benefits, especially if the ranch is used for agricultural purposes or participates in statewide conservation projects. Each state has different rules, which can be tricky to understand, so if you are new to ranching, it would be worth consulting with an expert before proceeding. They will be able to explain any existing tax breaks the property currently holds and what needs to be done to maintain them in the future.
This is a crucial factor that you must be aware of when purchasing a ranch. For example, if you planto hunt, you need to know how many tags you are eligible for and whether they are easy to obtain. Also, you need to be aware of the zoning rules of the state, especially if you have intentions for future expansion. This is why it is essential to have a clear idea of what you want to achieve on your ranch long before you start looking for available properties.