Ranch Properties

[gabenzeke]

Surely I'm not the only one that occasionally looks at these ranch real estate websites and wishes I had the means to buy one. But man....this is next level.

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[Rotnguns]

Good heavens. Over 225 000 deeded acres, or 352 square miles. And another 276 000 leased acres. Almost needs its own time zone!

 

[mgray]

Dumb this down for me. How much of the land is actually owned/for sale? Are you buying rights to use and access the leased and deeded land?

 

[Bearded Bowhunter]

I saw that this morning as well in the WSJ. Crazy to think about 790 square miles at your disposal.

 

[silasbowhunter]

Dumb this down for me. How much of the land is actually owned/for sale? Are you buying rights to use and access the leased and deeded land?

225,582 deeded. Looks like it comes with 109,192ac of state lease and 167,593ac of BLM lease which is interspersed throughout the ranch.


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[fmyth]

Only $142,000,000.

 

[ChrisA]

Surely it'll cash flow

 

[Reburn]

Surely it'll cash flow

Just depends for how many decades the note is for.....

 

[gabenzeke]

225,582 deeded. Looks like it comes with 109,192ac of state lease and 167,593ac of BLM lease which is interspersed throughout the ranch.


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Looks like all those leased acres are only costing the owner 200k annually too.

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[silasbowhunter]

Looks like all those leased acres are only costing the owner 200k annually too.

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Not surprising. BLM and state leases are usually about free, just hard to get ahold of.


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[Weldor]

Who's going to pay the yearly taxes?

 

[gabenzeke]

Who's going to pay the yearly taxes?

39k? At this point, that's like pocket change.

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[intunegp]

Who's going to pay the yearly taxes?

Probably whichever wealthy foreign investor purchases it

 

[bpitcher]

200k+ acres?

My wife would only see me on holidays.

 

[AZ8]

Only $142,000,000.

Logging into my Chase account now.........

 

[Burnsie]

A few more bake sales and a couple weekends doing my side gig and I'll have it locked down.

 

[bridgerbenson]

I look almost daily. A good friend of mine works with H&H and I was just giving him a hard time the other day about listing a 150 acre place for $2.3M. Told him he’s making my dream of buying hunting land some day feel pretty hopeless. Haha


*Sorry, 277 acres for $2.3M.

 

[WCB]

Dumb this down for me. How much of the land is actually owned/for sale? Are you buying rights to use and access the leased and deeded land?

Deeded lamd is what you actually own...leased land is exactly that.

 

[gabenzeke]

I look almost daily. A good friend of mine works with H&H and I was just giving him a hard time the other day about listing a 150 acre place for $2.3M. Told him he’s making my dream of buying hunting land some day feel pretty hopeless. Haha


*Sorry, 277 acres for $2.3M.

These dudes must make insane amounts of money. Hall and Hall regularly has properties well in excess of 20 million.

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[CorbLand]

Just depends for how many generations the note is for.....

Simplified that for you.