Star Lake Ranch Tulsa, Oklahoma EXECUTIVE SUMMARY Located just 16 miles north of downtown Tulsa, Oklahoma, at the intersection of two major highways, the iconic Star Lake Ranch is a unique opportunity for the discerning investor. Comprised of 3,290± all-contiguous acres, the largest single block of land in Tulsa County is now offered for sale. The open rolling hills covered in native bluestem grass provide beautiful vistas in all directions. Well known throughout America in the pure bred Hereford cattle business, the ranch is accented with a well-appointed manager s home, two modern matching guest cabins, an office/sale barn along with several other barns and outbuildings. Hutchinson, Kansas office: (620) 662-0411 www.hallandhall.com email: info@hallandhall.com
LOCATION Star Lake Ranch is located close to the north of the Tulsa metro area. At the intersection of two four-lane highways, U.S. Highway 75 & State Highway 20, and about equal distance between Collingsville and Skiatook, the ranch is only about 16 miles from downtown. The main entrance to the ranch is off Highway 20, which serves as a majority of the south boundary of the ranch. Highway 75 serves as the majority of the east boundary. Bartlesville is 30 miles north, and the Tulsa International Airport is 14 miles to the southeast. 2
LOCALE Tulsa is nestled in the northeastern quadrant of Oklahoma known as Green Country. This lush region is blessed with 16 large-bodied lakes, tumbling rivers, tallgrass prairie and rolling treecovered hills. With a rich history and several world-class museums, Green Country is a popular vacation destination. The Tulsa MSA has a combined population of almost a million people. The Tulsa International Airport is 14 miles southeast of the ranch and is serviced by most major airlines and is one of American Airlines major service centers. Joplin, Missouri is 110 miles to the northeast, St. Louis is 395 to the northeast, Oklahoma City is 95 miles southwest, Dallas is 235 miles south, and Little Rock is 220 miles to the east. 3
GENERAL DESCRIPTION Star Lake Ranch is one of the most iconic ranches in Oklahoma. It is located right along the west side U.S. Highway 75 just 16 miles north of Tulsa at the intersection of State Highway 20. The beautiful rolling grass-covered hills, the herds of whitefaced Hereford cattle, and the large ranch sign combined have created an indelible image in many peoples minds for years as they passed by this place on the well-traveled road towards Bartlesville. There are numerous view points from theses hills overlooking downtown Tulsa and beyond. The ranch fronts the west side of Highway 75, a four-lane highway, for 14,450 feet, and fronts the north side of Highway 20, also a four-lane highway, for 3,730 feet. 4
The ranch is made up of 3,290 pristine acres, all of which is comprised of native bluestem grasses. The historical management of the ranch has controlled the tree and brush cover so as to maintain the natural prairie conditions inherent to this region. Other than the planted trees along the main ranch road and around the improvements, you have to go up to the draw near the north of the ranch to find the only natural tree stand. 1/3 of the ranch is usually weed-sprayed each year on a rotational basis. In addition when conditions permit, a controlled burn on the native grass helps to maintain the integrity of the native grass species. Typically the ranch manager will put up prairie hay on about 600 acres on the north end of the ranch. To maintain the natural look as much as possible, the ranch owner buried the electric lines for the ranch improvements along the main ranch road from the main entrance, off Highway 20. Rural water lines and sewer lines run along the south boundary of the ranch. ACREAGE 3,290± deeded acres. 5
IMPROVEMENTS The improvements on the Star Lake Ranch were laid out for maximum utilization and efficiency. The cattle handling facilities, the office/sale barn, the manager s house and the two employee houses are all in place for functionality. While the buildings are modern, they are efficient and not at all over-built. No livestock, equipment, rolling stock or personal property are included in the sale. Manager s House This is a beautiful 2,850 square foot, 3 bedroom, 2 bathroom house built in 1990. It is located east of the sale barn about halfway to Highway 75. This house is situated to take full advantage of the nearly unlimited views in all directions. 6
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Office/Sale Barn 11,530 square foot pole barn with metal siding and roof, built in 1989 that is located near the center of the ranch. It is surrounded by numerous traps all feeding into the facility. It has a sale ring, 12 pipe stalls, a wash bay, and a tack room. There is a 13-foot wide pipe alley around the perimeter for holding cattle that feeds into outside pipe pens for loading out. A 2,160 square foot office adjoining the barn was added in 2006-2007. Concrete paving is utilized in the sale barn entry and the prep/stall area. Breeding/Embryo Barn 3,470 square foot pole barn with metal siding and roof built in 1989. It includes office, laboratory, pipe cattle pens, crowding alley and squeeze chute. There is also a 12-foot wide cattle alley along the south and west walls. 8
A fully equipped office and lounge area compliment this amazing facility. 9
Cattle Working Pens These are pipe pens consisting of four large pens, a covered squeeze chute and truck load-out chute. These are the first set of pens as you come into the ranch, up the first hill. One of the two employee houses plus a cattle shed are also at this location. Equipment Building/Hay Shed 3,360 square foot pole barn with metal siding and roof, that includes a dock-high feed room, along with equipment storage and hay storage. This was built in 1990. 10
Two Cabins These two identical modern cabins were built in 1988 to serve as both a place for the owner and his family, plus ranch guests. They each total around 1,145 square feet, and are a contemporary design utilizing cedar and native stone. These both have the same floor plan, construction quality and materials. They consist of two bedrooms with two full baths, vaulted ceilings, built-in bookshelves, wood burning fireplace, wood paneling, wallto-wall carpeting and forced air heating and cooling. They are located side by side on the ranch about halfway between the sale barn and the manager s house. Employee Houses House #1 is a manufactured home built in 1989 and is estimated to be 1,535 square feet in size. It has three bedrooms and two bathrooms. The detached twocar garage is a pole barn with metal siding. House #2 is an older manufactured house built in the 1980 s with one bedroom and one bathroom. 11
CLIMATE The average annual precipitation in Tulsa County is around 42 inches, spread over 80 days each year. The growing season is typically 208 days running from April 3rd to October 29th. Snowfall averages 8 inches per year, and usually stays on the ground for 7 days. This area s mild climate includes, on average, 70 days of 90 or higher, and 25 days of 20 or lower. The average daily wind speed is 7 mph. 12
GENERAL OPERATION The Star Lake Ranch was designed and constructed as a premier purebred cattle operation, from semen collecting, embryo transplanting, raising and developing animals all the way up to the spring and fall production sales. Over 90% of the interior fencing is hightensile hot wire, and the majority of the cattle water is supplied by the rural water district. Utilizing those two inputs allowed the owner to divide the ranch into 16 pastures. In addition, in the areas surrounding the sale barn, the owner was able to set out numerous paddocks used for the production sales. 13
WATER RESOURCES Three of the pastures are watered by spring-fed ponds. The rest of the pastures, along with the improvements, are supplied with water purchased from Rural Water District #3. The water is piped to over 50 waterers, over half of which are energy-free. 14
GRAZING RESOURCE The entire property is covered in native blue grass prairie. These tallgrass varieties do not require fertilizer, and none has ever been used on this ranch. There are 16 major pastures. The current owner utilizes approximately 600 acres on the north end for grass hay production so that the ranch can fully function year round. To help maintain the natural grass quality, the owner has a weed-spraying program for around one-third of the ranch each year. TAXES Taxes for 2014 were $11,534.00. MINERAL RIGHTS All minerals owned by the Seller are included in the sale. The Seller believes they own 75% of the total mineral acres. Please contact the listing broker for a final determination of the total mineral acres. 15
BROKER S COMMENT Star Lake Ranch is a premier cattle operation with an unmatched location in the heart of the USA. Just 16 miles north of one the most progressive cities in the midwest, this beautiful setting of rolling grass-covered hills provides an unobstructed view of downtown Tulsa. Bounded on two sides by 4-lane highways, and only 14 miles from Tulsa International Airport, Star Lake Ranch simply put is accessible. This phenomenal offering is the largest contiguous block of open land remaining in Tulsa County today. Star Lake was designed for the purpose of selecting, raising, breeding, exhibiting and marketing purebred cattle. It is extremely efficient and highly productive. With its high capacity embryo transfers and artificial insemination, this ranch can maximize premium genetics. The current owner has been a leader in the Hereford industry and the spring and fall production sales were must attend events. This offering includes a reputation in the cattle industry that insures the new buyer can hit the ground running. 16
Click on map above for link to Google Earth map of property. PRICE $14,750,000 TERMS No livestock, equipment, rolling stock or personal property are included in the sale. Hall and Hall is acting as a Transaction Broker and will cooperate with other agents acting as a Transaction Broker or Buyer Agent only. NOTICE: Offering is subject to errors, omissions, prior sale, change or withdrawal without notice, and approval of purchase by owner. Information regarding land classifications, acreages, carrying capacities, potential profits, etc., are intended only as general guidelines and have been provided by sources deemed reliable, but whose accuracy we cannot guarantee. Prospective buyers should verify all information to their satisfaction. Prospective buyers should also be aware that the photographs in this brochure may have been digitally enhanced. 17
ADDITIONAL SERVICES OFFERED BY HALL AND HALL 1. MANAGEMENT SERVICES Hall and Hall s Management Division has a very clear mission To represent the owner and to ensure that his or her experience is a positive one. Services are customized to suit the owner s needs. They often begin with the recruiting and hiring of a suitable ranch manager or caretaker and are followed by the development of a management or operating plan along with appropriate budgets. Ongoing services include bill paying, ranch oversight, and consulting services as needed. Even the most sophisticated and experienced ranch owners appreciate the value of a management firm representing them and providing advice on local area practices and costs. Wes Oja and Jerome Chvilicek at (406) 656-7500 or Randy Clavel at (308) 534-9000 are available to describe and discuss these services in detail and welcome your call. 2. RESOURCE ENHANCEMENT SERVICES Increasingly the value of a ranch is measured by the quality of each and every one of its resources. Coincidentally the enhancement of a ranch s resources also increases the pleasure that one derives from the ownership of a ranch. Our management services have included the assessment of everything from wildlife habitat to bird habitat to water resources and fisheries and the subsequent oversight of the process involved with the enhancement of these resources. Wes Oja or Jerome Chvilicek at (406) 656-7500 are available to describe and discuss these services in detail and welcome your call. 3. AUCTIONS - Hall and Hall Auctions offers Another Solution to create liquidity for the owners of Investment-Quality Rural Real Estate. Our auction team has experience in marketing farmland, ranchland, timberland and recreational properties throughout the nation. Extreme attention to detail and complete transparency coupled with Hall and Hall s rolodex of over 40,000 targeted owners and buyers of rural real estate help assure that there are multiple bidders at each auction. In addition the unique Hall and Hall partnership model creates a teamwork approach that helps to assure that we realize true market value on auction day. For more information on our auction services contact Scott Shuman at (800) 829-8747. 4. SPECIALIZED LENDING - Since 1946 Hall and Hall has created a legacy by efficiently providing capital to the intermountain west. In addition to traditional farm and ranch loans, we specialize in understanding the unique aspects of placing loans on ranches where value may be influenced by recreational features, location and improvements and repayment may come from outside sources. Our extensive experience and strong relationships with our lenders allows us to quickly tell you whether we can provide the required financing. Efficient Processing In-House Appraisals Common Sense Underwriting Dave Roddy (406) 656-7500 Mike Hall or Judy Chirila (303) 861-8282 Randy Clavel (308) 534-9000 Monte Lyons (806) 698-6882 John Wildin of Hall and Hall is the transaction broker for the Seller. Competitive Pricing Flexible Terms 18