LOCATION The Eightmile Pasture is a remote property situated about an hour north of the Black Hills in the good hard grass country of Western South Dakota. The property is about 16 miles east of Vale and about 18 miles southeast of Newell. The property is secluded; the last leg of the road to the property is not maintained. A CREAGE AND CURRENT OPERATION2,650 deeded acres, more or less 640 acres of State of South Dakota lease, more or less 150 acres of BLM lease, more or less The leases adjoin the deeded lands. The property is fenced into four pastures with the deeded land and lease land fenced in together. A smaller holding pen on the deeded land has a reservoir and makes a handy spot to hold a few cattle overnight. The Seller states under the current operation the ranch has historically been running about 300 cow/calf pair from June 1 st to the end of September. However in recent years, due to drought, the Seller has cut back the number of pairs to around 200, and in 2002 had to haul water for the livestock. The Seller has been a good steward of the land and makes plans each year to leave grass cover on the property when they take the cattle out in the fall.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. The acreage figure has been obtain from Butte County Court House records. The property has not been surveyed. Area livestock sale barns include Belle Fourche, SD; St Onge, SD; and Newell, SD.R EAL ESTATE TAXES AND LEASE COSTSIn South Dakota the lessee of the land also pays real estate taxes on State leases, which is currently $690.14. The real estate taxes on the deeded land for 2006 was $2,657.66. The annual cost of the State lease is currently $1,529.60 plus the above noted taxes on the lease land. The State lease is for 150.79 AUMs. The current fee for the BLM lease is $68.85 per year. The BLM lease is for 51AUMs from June 1 st to September 15th. Government lease fees for both State and BLM lands are subject to change and are typically adjusted each year.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 Butte County Director of Equalization to determine how the property will be taxed after it is purchased. W ATER AND UTILITIESEightmile Creek, which is intermittent, runs through the State land and on through a portion of the deeded land. There are seven larger reservoirs and two smaller ones. The property does not have any utilities. W ILDLIFE AND RECREATIONThe elusive pronghorn antelope claim this country side as their home range. Each year several nice bucks are harvested on the property. Mule deer and a few whitetail deer have also been seen in the area in recent years. There are two prairie dog towns located on the property. Year round recreational opportunities abound throughout the Black Hills region. Most of the major attractions in the Black Hills are within a two hour drive of the property. F ENCES AND BOUNDARIESTypically fences are put in for convenience and may not follow the legal description. The Seller is making known to all potential buyers that there are 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. P ROPERTY SHOWINGSThe Sellers have requested that the property be shown by appointment only. Please call ahead to make showing arrangements. Your cooperation is greatly appreciated. S OUTH DAKOTA SECTION LINE EASEMENTSBuyers are being made aware that in the State of South Dakota the section lines can be used as easements unless they have been abandoned. The owner currently uses a section line to access the property. M INERAL RIGHTSThe Sellers are not making any mineral reservations. Any minerals not previously reserved shall be transferred to the buyer. C OMMENTSFrom the rolling prairie pastures of this western property you can enjoy the wide open spaces of South Dakota. This is a real “cowboy” outfit where you could ride all day long. The Eightmile Pasture is an economical summer grass ranch. Places like this are getting hard to find. P RICEThe listing price of the Eightmile Pasture is $350.00
per deeded acres for a total of $927,500.00. N OTICEThis 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, state, federal and private permits) be independently verified by the purchaser’s attorney. Inspect to the extent deemed necessary.
Site creation and maintenance by First Type Graphics |
.jpg)
.jpg)
.jpg)
.jpg)
