Prairie Income Oasis

Prairie Income Oasis is a livestock grazing operation consisting of 1,470 acres of grassland with a beautiful home, outbuildings, and corrals; the property offers privacy and is ½ mile off the county road and only 10 miles from Kimball. Kimball is near Scottsbluff and Sidney, Nebraska, and an easy drive to the Front Range. A noteworthy attribute of the property are the multiple lines of income to the owner including grazing, building rental, Rangeland CRP, and a Carbon Storage exploration agreement. ACREAGE The 1470 acres consists of excellent quality grassland along with the building site. The carrying capacity if traditionally managed with CRP contract is 84 pairs or 180 yearlings. It is a mixture of warm and cool season grasses with species like blue gramma, crested wheat grass, little blue stem, buffalo grass, sweet clover and needle and thread grass to name a few. The current owner has seen gains in yearlings of 2+ lbs./day. There are 9 pastures, and they range from 100 acres to 16d0 acres in size with at least one water source in each. There are multiple wells including 2 solar wells that both have ample storage. A 35,000-gallon cistern and a 15,000-gallon bottomless tank. The bottomless tank has a great trap in the corners of 4 of the pastures, making it easy to rotate pastures, doctor animals and manage grass. In the ¾ of a section on the west side of RD 49 there is a submersible that feeds the 3 tanks in each pasture. The perimeter of the property has 3 strand barbed wire fence and in the areas that the original fencing existed a pollinator was put in and fenced out with a 2-strand high-tinsel electric fence creating a new perimeter. Estimated value of the cattle gain @ 70cetns/lb. = $37,800 The property is enrolled in the NRCS Rangeland CRP program and receives $15/acre/year with 8 years remaining on the CRP contract. Annual payment = $21,795. A new easement agreement for Carbon Storage exploration has been entered into in 2024 with Tall Grass High Plains Carbon Storage. The operator is seeking to sequester carbon in large underground pore spaces around 6,500 feet below the surface. Approximately 300,000 acres in Wyoming and Nebraska are being considered for the sequestration project. The agreement protects the owner from liability and damages. The term of the agreement provides for an initial term and an extended initial term. Payments are as follows: Initial Term: Years 1 - 3 = $15/acre Extended Term: Years 4 – 6 = $25/acre Years 7 – 9 = $35/acre Years 10-12=$45/acre During the initial/extended initial term the carbon injection may begin at which time the payments will be revised based upon metered injection of Carbon Dioxide equal to $1/metric ton with minimum injection payments as follows: Years 1-3 = $25/year Years 4-7 = $15/year Years 8-12 = $10/year Years 13 –20 = $5/year IMPROVEMENTS An exceptional set of building improvements are in place on the property. The 5 bedroom, 3 ½ bath home features a great open concept that is a combination of new construction and newly remolded in 2021. The original home was new in 2004. This home is perfect for entertaining and family time spent around meals and in the kitchen. There is a beautiful new Alder wood kitchen, with new soft close drawers and cabinets complete with pullouts, organization, an island, and spacious pantry that any cook will love. The open concept connects the kitchen to the living room with a 6-seat breakfast bar and an adjoining formal dining area exists for those seated occasions. The home features plenty of room for everyone to have their own space. There are 5 traditional bedrooms with large closets and 1 nontraditional bonus/home gym room. This home includes a master suite with walk in closet, 5-piece bath, with double vanity, soaker tub, separate shower, and private toilet not to mention a sperate laundry. Two bedrooms with a shared bathroom are nearby. The new addition offers a second living area, two bedrooms, a home gym and full bath with double sinks, private toilet, and walk-in shower with 2 shower heads. A half bath right off the mudroom that is well thought out as it and the second washer and dryer are off the spacious 3 car garage’s exterior entrance. Working from home is a breeze with a 12x20 office with exterior entrance also off the garage. Not to mention the unheard-of High-Speed Internet capabilities with this rural property!!! This home leaves little that was not thought of. It is well insulated with new 2 new furnaces and 2 new air conditioning units, new windows throughout and all lighting has been converted to LED. There is a great storm shelter in the garage as well as ample storage and work area. When you move into the yard with its new underground sprinkler system this property features several outdoor spaces with new sidewalks, a nice porch, firepit and pergola allowing for get-togethers and relaxation. The building site offers 2 matching outbuildings, a 52x42 ft shop and 42x32 barn with attached 70x20 ft open front shed. There are heated waters in corral and several small stall type pens. There is a single well on the property that supplies both the house and the corrals. In the yard there is plenty of space to park trailers and equipment, build an arena and plant a garden. Depending on how the buildings were to be used, the prospective rental value allowing for a few horses could be $2500 - $3500 per month and at the low end $30,000/year.