Located in the heart of the scenic Sandhills of Nebraska–37 miles south of Valentine & 36 miles north of Mullen–this productive ranch abounds in natural beauty and privacy, with rolling native grasslands and hay meadows. Easily accessible with Hwy 97 bordering the south & east property lines. Abundant water with 10 windmills, 2 solars, 1 electric & 2 submersibles in addition to multiple lakes and ponds. Includes 2 improvement sites–5-bedroom home, 54′ x 225′ livestock/calving building, barn, pens, and working facilities, misc. outbuildings, plus Quonset and shed for equipment storage. Excellent wildlife habitat!
Proximity to Valentine ensures access to livestock markets, supplies, and modern conveniences while maintaining a rural lifestyle. Whether you are looking to expand your existing operation or put down roots in one of the most iconic ranching regions in the west – this opportunity is for you.
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AUCTION PROCEDURE: The “SCHROEDER RANCH AUCTION” is a land auction with NO RESERVE. Competitive bids will determine outcome of auction and Seller to enter into a contract to purchase with the highest bidder(s). Property to be offered in 2 Parcels and as a Single Unit. The parcels and single unit will be offered in the sale order as stated within the brochure. The parcels and single unit will compete to determine the highest aggregate bid(s). Seller agrees not to accept and negotiate any contracts to purchase prior to auction date. Bids will be taken for total purchase price not price per acre.
TERMS: Upon the conclusion of the auction, the highest bidder(s) will sign an Agency Disclosure Information for Buyers and will enter into and sign a Farm, Ranch, and Land Purchase Agreement for the amount of the bid. Required earnest money deposit is 15% of the total purchase price which is due upon the signing of the contract(s) and to be deposited with Reck Agri Realty & Auction. Earnest money deposit will be transferred to Sandhills Title Company prior to closing and applied toward the total purchase price. Purchase contract will not be contingent upon financing. Terms and conditions in the Due Diligence Packet and announcements shall be incorporated and made a part of the Farm, Ranch, and Land Purchase Agreement. Sample Farm, Ranch, and Land Purchase Agreement is available within the Due Diligence Packet.
CLOSING: Buyer(s) shall pay in good funds, the balance of purchase price plus their respective closing costs, and sign and complete all customary or required documents at closing, which is on or before July 10, 2025. Closing to be conducted by Sandhills Title Company and the closing service fee to be split 50-50 between Seller and Buyer(s).
TITLE: Seller to pass title by Trustee’s and Personal Representative’s Deeds free and clear of all liens, encumbrances, and subject to all easements and other matters affected by title documents shown within the title commitment; and zoning, building, subdivision, and other restrictions and regulations of record. Title Insurance to be used as evidence of marketable title and cost of the premium to be split 50-50 between Seller and Buyer(s), except Buyer(s) to pay for cost of loan title insurance policy, if applicable. TBD title commitments are available for review within the Due Diligence Packet and TBD title commitments and exceptions will be incorporated and made a part of the Farm, Ranch, & Land Purchase Agreement. The Buyer(s) to receive an updated title commitment with Buyer(s) name, lender, purchase price, and all supplements and additions thereto after auction but before closing. After closing, Buyer(s) to receive a final owner’s title insurance policy in an amount equal to the Purchase Price.
POSSESSION: Upon signing of contract and the earnest money clearing, Buyer(s) may enter onto the property and complete the necessary work to prepare the property for grazing. Any repairs and/or improvements to the property do not constitute a lease. If Buyer(s) defaults and doesn’t close, all improvements and expenses, and earnest money is forfeited to Seller and Seller will be entitled to immediate possession of the property. If closing does not occur due to the default of Seller, Seller to reimburse Buyer(s) for improvements and expenses.
PROPERTY CONDITION: Prospective Buyer(s) should verify all information contained herein. All prospective bidders are urged to fully inspect the property, its condition, and to rely on their own conclusions and the property is being sold AS IS-WHERE IS, without warranty, representation or recourse to Seller.
WATER RIGHTS: Seller to convey to Buyer(s) any water rights appurtenant to the property.
REAL ESTATE TAXES: 2025 Real Estate Taxes due in 2026 to be paid by Buyer(s).
LEGAL DESCRIPTION: Legal descriptions are subject to existing fence/field boundaries or
land-use trades, if any. Fences may not necessarily represent the property lines. There are area with land use trades, fences are installed for convenience.
MINERALS: Seller to convey all OWNED mineral rights to Buyer(s).
NOXIOUS WEEDS: There may be areas infested by noxious weeds. The location of and the density of noxious weeds is unknown at this time.
ACREAGES: All stated acreages in the Color Brochure, Due Diligence Packet, and visual presentation at the auction are approximate and are obtained from the county tax records. There is no warranty expressed or implied as to exact acreages of property. All bids are for the total parcel without regard to exact acreage. There will be no adjustment in purchase price if acreage is different than what is stated in this brochure and/or stated at the auction.
MULTIPLE PARTY BID: If several parties go together and collectively bid on parcel(s) and the Multiple Party Bid is the highest bid, at the conclusion of the auction each party within the Multiple Party Bid shall identify and agree to sign separate contract(s), pay for their respective separate parcel(s) at closing, and pay for a metes & bounds survey and additional title insurance premium to create the legal description for their respective separate parcel. The collective purchase prices for the separate parcels shall equal the total Multiple Party Bid.
BIDDER REQUIREMENTS: To register to bid, Buyer(s), prior to the auction, must review and accept the Due Diligence Packet with the full auction terms and conditions, property descriptions, pertinent information, title commitments, and sample contracts. Due Diligence Packet may be obtained by visiting auction property page at reckagri.com, or by calling Reck Agri Realty & Auction. Bidding via cell phone, internet, and/or bidding on someone’s behalf, must be approved by Reck Agri Realty & Auction 24 hours prior to auction.
ANNOUNCEMENTS: The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. Reck Agri Realty & Auction and the Seller assume no responsibility for the omissions, corrections, or withdrawals. The location maps are not intended as a survey and are for general location purposes only. Reck Agri Realty & Auction and all other agents of Broker are or will be acting as a Limited Seller’s Agent. Reck Agri Realty & Auction does not offer broker participation for the “SCHROEDER RANCH AUCTION”. Reck Agri Realty & Auction reserves the right to require bank references upon request and reserves the right to refuse bids from any bidder. Bidding increments are at the discretion of the Broker.
COPYRIGHT: Photographs, videos, Color Brochure & Due Diligence Packets are property of Reck Agri Realty & Auction and cannot be reproduced without permission.
Announcements made by Reck Agri Realty & Auction, at the time of sale, will take precedence over any previously printed material or other oral statements.
NOTICE TO PROSPECTIVE BUYER(S): The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. Reck Agri Realty & Auction and the Seller assumes no responsibility for the omissions, corrections, or withdrawals. The location and aerial maps are not intended as a survey and are for general location purposes only. The prospective Buyer(s) should verify all information contained herein. All prospective buyers are urged to fully inspect the property, its condition and to rely on their own conclusions. All equipment and improvements are to be sold AS IS-WHERE IS, without warranty, representation, or recourse to Seller.
