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SOLD - LAZY K BAR RANCH

Wyoming - Platte County - Glendo

 | Acres 19,752 total acres |

Price $15,000,000

Large Productive Wyoming Cattle Ranch

Lazy K Bar Ranch is located along the historic Oregon Trail in northwest Platte County, near the town of Glendo on Interstate 25 between Douglas and Wheatland. The ranch consists of 16,431 deeded acres together with 2,640 state leased acres and 681 BLM leased acres. The ranch has excellent water rights from four creeks, several springs and over twenty wells with four center pivots irrigating over 900 acres with a rated carrying capacity of 600 cow/calf pair or 900 yearlings. Elevations range from 4,800 ft. to over 5,600 ft. with a variety of terrain from cottonwood-lined creek bottoms and interspersed meadows to rolling grass covered pastures and pine and cedar ridges. Improvements include six homes of various sizes, several barns, equipment sheds, two shops and complete set of steel pipe corrals with certified scale. The ranch has significant wildlife populations including elk, mule deer, white tail deer, antelope along with wild turkey and several other upland game birds.

Location and Area:
Situated in the cowboy state of Wyoming in Platte County, the Lazy K Bar Ranch headquarters is located just off Interstate 25 south of Glendo. The ranch is 30 miles south of Douglas, the location of the Wyoming State Fair, 36 miles north of Wheatland and 104 miles from Cheyenne. Glendo is a small rural town that has services including a K-12 school system. It is well-known for its 14 mile-long Glendo Reservoir and North Platte River. More goods, services, shopping, restaurants, hospitals and commercial air service are available in Cheyenne, Douglas or Casper, which is 78 miles north. Wyoming has some of the most favorable tax and asset protection laws in the nation and with no individual state income tax, business income tax or inheritance tax, assets are insulated in ways so that wealth can grow at a much faster rate. Wyoming’s population is 563,626 – the least populated state in America.

 

SOLD - LAZY K BAR RANCH

Wyoming - Platte County - Glendo

Acres 19,752 total acres

Price $15,000,000

CONTACT A BROKER:

RON MORRIS

970.535.0881

Property Description:
The ranch consists of 16,431 deeded acres, 2,640 State of Wyoming leased acres, and 681 Bureau of Land Management leased acres for a total of 19,752 acres. From the creek bottoms and irrigated meadows at an elevation of 4,400 ft., the ranch climbs to over 5,600 ft. at the northwest along Ridge Road. There are irrigation rights for 910 acres and the ranch currently produces over 3,500 tons of grass and alfalfa hay from 350 acres of flood irrigated meadows and 560 acres under four low-pressure center pivot sprinklers supplied by 700-800 GPM irrigation wells. A variety of terrain across the ranch supports a healthy ecosystem for both livestock and wild game. Horseshoe Creek, Spring Creek, Pollard Creek, Whiskey Gulch and Cave Springs flow through various portions of the ranch. The ranch is fenced into thirteen pastures with the rolling terrain and tree cover providing ideal livestock protection. The ranch has been owner operated running 600 cow/calf pair or 900 yearlings. The land use of the Lazy K Bar Ranch falls into summer pasture, winter range and irrigated hay meadow making an ideal combination for a year-round cow/calf operation with seasonal yearlings.

Water Rights:
Lazy K Bar Ranch is well-watered with stock water from four creeks, several springs and over 20 wells that include irrigation wells producing from 700-800 GPM. Contact listing brokers to obtain a detailed list of the water rights.

Headquarters: The main residence consists of a 5,200 sq.ft. two story home with five bedrooms and four bathrooms, custom kitchen, living, dining, hobby room, office and mudroom. The residence has front and side porches and an attached oversized two-car garage with in-floor heating. There are two additional homes for one at 1,050 sq.ft. and the other at 832 sq.ft. Recently completed is a new 100’ x 100’ Morton drive-through heated shop, a 40’ x 50’ metal shop, Quonset, 1950s historic barn, three sheds, steel shop, 3 steel granaries, four feed lot pens with concrete feed bunks.

Horseshoe Creek Road: There is a new two-story home consisting of 2,000 sq.ft. with 2 bedrooms, 2 bathrooms and large family room, an older ranch house, a smaller home and an older historic house. In addition, there is a classic old horse barn, shop attached to a Quonset, set of steel pipe corrals and certified livestock scales.

Recreation/Wildlife:
Lazy K Bar Ranch supports a significant population of big game including elk (game area 7), mule deer (game area 64), whitetail deer, antelope (game area 30 & 103), and an assortment of upland game birds that includes an abundance of wild turkey. Just three miles from the ranch is the fourteen mile-long Glendo Reservoir offering boating recreation along with fishing for walleye, trout, yellow perch and channel catfish. Above and below the reservoir on the North Platte River is a popular spot for large brown trout fishing. The ranch is in close proximity to Laramie Peak at 10,272 ft. combined with the reservoir there are a variety of recreational opportunities in the immediate area.

Operational Considerations:
An ideal cattle production operation, Lazy K Bar Ranch is a profitable, working ranch with good year-round access. The ranch is operated as a cow/calf ranch (currently running 600 cow/calf pair) year-round selling the calves off in the fall or as a yearling ranch running 900 yearlings through September. These numbers can vary from year to year depending on weather and moisture conditions, severity of winter requiring supplemental feeding and overall annual hay production. Lazy K Bar Ranch is one of those unique ranches that has all season country, excellent farm ground production and good grazing with protection.

Climate:
Because of its elevation, Wyoming has a relatively cool climate throughout the state despite it being arid. Average high temperatures between June and August are 81 to 89 degrees. Summer nights are almost invariably cool, with lows of 49 to 54 degrees. Daytime average winter high temperatures range from 41 to 50 degrees with low temperatures between 15 to 20 degrees. Average annual precipitation is 12 to 14 inches based on NCRS 30-year record averages. The greatest amount of snowfall occurs in March and April averaging between 7 – 8 inches.

Conclusion/Comments:
Lazy K Bar Ranch is a remarkable, large, working productive ranch in an area with a rich history and ideal location with multiple recreation/lifestyle opportunities. The ranch has diverse terrain, natural resources, abundant wildlife, scenic attributes, agricultural production, well maintained improvements and year-round recreation. In an area that is well suited to cattle ranching and hay production, Lazy K Bar Ranch is a great opportunity.

Real estate taxes $25,709/yr., BLM lease cost $211.70/yr., state lease costs $4,400.29/yr.

Co-listed with Amy Smith | #1 Properties | 307.214.5583 | [email protected]