SCHMITT RANCH:

5303 +/- Acres, Gordon, Nebraska
Sheridan and Cherry Counties in Nebraska.
   · Hardland Grass
   · Live Water
   · Cropland
   · Hay Meadows
   · Great Location

LOCATION: Southeast of Gordon, NE. See plat map for precise locations.

SIZE: The Schmitt Ranch consists of 5,302.97 +/- deeded acres in Cherry and Sheridan Counties, Nebraska. The ranch is divided into three units. See plat map page for location. Acreage totals are from county tax records.

Headquarters Unit: 3,005.97 acres
Building improvements, cropland, native rangeland, hay meadows, Antelope Creek.
Berkheimer Unit: 1,537 acres of native rangeland, dryland cropland, remodeled home,
corrals, etc.
South Pasture Unit: 760 acres of native rangeland in one pasture with two windmills, major county gravel road access.

Buyers are encouraged to make offers on individual tracts but the Seller insists on a simultaneous closing for all parcels to guarantee all the acreage is sold.

LAND USE: Data from County Assessor and Farm Service Agency (FSA)

Headquarters Unit: 3,005.95 deeded acres

281.8 acres: Classified as dryland cropland with 193.91 acres currently in crop
production and 87.89 acres allowed to "grow back" as rangeland.
2,697 acres: Rangeland and hayland with water provided by year around, spring
fed Antelope Creek; windmills; and electric well at improvements
10 acres: Homesite & corrals
17 acres: Roads

Berkheimer Unit: 1,537 deeded acres

369.3 acres: Classified as dryland cropland although some fields are back in
rangeland. See FSA map in this brochure
1,164.7 acres: Rangeland with water provided by 3 windmills plus electric well at
homesite
2 acres: Roads
1 acre: Homesite

South Pasture Unit: 760 deeded acres

748.87 acres: Rangeland per FSA map. One pasture with 2 windmills

MINERAL RIGHTS: All mineral rights owned by Seller shall be conveyed to Buyer at closing.

IMPROVEMENTS:

Headquarters
Home: 1,054 sq ft built in the 1940's with enclosed porch
Barn: 40' x 44' metal roof, horse stalls, hay loft
Cattle Shed: 20' x 60' metal clad
Misc. Sheds

Berkheimer Unit
Remodeled 1,164 sq ft home
Granary: 10' x 16'
Cattle Barn: 16' x 60'
Misc. Sheds, Corrals, Mature Tree Groves

2009 REAL ESTATE TAXES:

$20,366.50 ($3.84 Per Acre)

Headquarters Unit: $11,691.60
3,005.97 acres

Berkheimer Unit: $ 6,174.52
1,537 acres

South Pasture Unit: $ 2,500.38
760 acres

OFFERING PRICE: $2,125,000 ($400.72 per acre for entire 5,302.97 acres)
Note: Individual units may sell for more per acre than the per acre offering price.

LISTING AGENT: Yvonne Mooney

Broker Comments: The Schmitt Ranch is slightly beyond the western edge of the Nebraska Sandhills. Thus the hardland grass and productive farmland. The hardland grass has better plant density, higher protein content, and more carrying capacity than the rangeland typical of the Sandhills region. Prospective Buyers will be impressed with the quality of the rangeland as the Seller has maintained a very low stocking rate for many years. The cropland is highly productive with majority being Class I and II soils. Predominant soil profiles of the cropland are Keya, Tuthill Fine Sandy, Dailey Loamy Fine, Jayen Fine Sandy and Becton Silt. If desired, more acres of rangeland could be converted to cropland. All interested buyers should schedule a tour of the property at their earliest convenience due to very strong interest in this high quality ranch.
Richard Dawson, Broker

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For more information contact Richard and Barbara Dawson at (800) 785-2528 or e-mail.

Nebraska Land and Cattle Agency, Inc.
Richard Dawson, Broker/Owner and Barbara Dawson, Associate Broker/Owner
Phone: 800-785-2528 or Mobile: (308) 325-0839 or Fax: (308) 785-2204
20 North Shore Drive 8 - Johnson Lake, NE 68937