LandsofSouthDakota.com
#1 in Rural Real Estate Online

Property ID: 1137805


2066 acres in Shannon County, South Dakota

57763, Oglala, Shannon County, South Dakota

This property has been sold.

Search for Available Property.
31.jpg
32.jpg
View All

Click a smaller image above to view a full size version.

The following documents have been uploaded by the seller. Click a document to view or download the file. You may need additional software to view these documents depending on the type of file that has been uploaded.

  1. Aerial Map.pdf
  2. Hagman Brochure.pdf
  3. LegalDescription.pdf
  4. Topo Map.pdf

Loading Tax Data

Loading Tax Data

A LandsInsight or Platinum Seller Account is Required to view Sales Comps.

Sign up or login below.

Details about the Land

County:Shannon Type:Acreage Acres:2066
Address: City:Oglala State:South Dakota
Zip:57763 Price: Property Sold Status:Sold

Description of the Land

Hagman Ranch, Inc

Shannon County, SD

Location: The Hagman Ranch is located approximately 18 miles east of Oelrichs SD along US Hwy 18. The Ranch HQ is on a county road one and one-half miles off the Hwy.

History: The Ranch has been in the Hagman family for nearly a century operating as a working ranch. The ranchs current operators are Bill and Delores Hagman. Bill assumed operation at age 21, sixty-one years ago.

Operation: The ranch consists of 2,066+/- acres deeded property along with a bonded Pine Ridge Tribal Lease of 915 acres and a Pine Ridge Tribal grazing unit of 5,300 acres. The deeded property includes 600+/- acres hay-land along Blacktail Creek. Irrigation dykes and a reservoir have been developed, however are not currently functional and have not been used in recent years. Some of the meadows are sub-irrigated and the ranch has historically had ample hay production.

The ranch is currently stocked with 240+/- cow/calf pairs and 55 yearling heifers plus horses and bulls. The cow herd is an exceptional set of one-iron angus cows and could possibly be negotiated for in a sale. The calves are traditionally sold in the fall with the exception of the replacement heifers. The cows are bred to start calving April 1st and are normally calved on the leased lands.

Water: The Headquarters and surrounding area is watered by two shallow wells with submersible pumps. The remaining deeded property is watered by a well and pipeline and a windmill. The home is watered by the Mni-waconi rural water system for domestic use.

Improvements: The improvements consist of, shop, barns, storage sheds and home. The improvements are modest but adequate and highly functional.

Leases: The 5,300 acre Range Unit lease currently costs $25,600+/- annually and is stocked at a rate of 180 pair for 8 months. This lease will be open for bid for the 2013 grazing season. The 915+/- acre Realty Lease cost is $3,906+/- per year and is up for renewal in 2016. The realty lease requires a bond or letter of credit to secure payment for the term of the lease.

Taxes: The 2011 tax assessment was $4,045.08.

Price: The Hagman Ranch is priced to sell at $1,100,000 ($527/deeded acre)

Broker Comments: The Hagman ranch is truly one of those hard to find places with a smaller, highly productive deeded base and economical leased land. All the current leases join the deeded land making for an efficient operating system. Call JD Hewitt 605.347.1100 or Tyson Hewitt 605.206.0034 for an appointment to view this property.


Contact Information

Company: Hewitt Land Company
Contact Name: J.D. Hewitt
Email: Click here to email contact
Phone Number: 605-791-2300
Address: 13167 Arapahoe Dr.
Piedmont, SD 57769
View All Seller's Properties »


Find more property: South Dakota Land for Sale | Oglala, South Dakota Land for Sale | Shannon County Land for Sale

NOTE: The information contained herein is provided as general information only and has been obtained from sources deemed reliable. It is provided without any guaranty, warranty or representation, expressed or implied, made by LandsofAmerica.com, or any related entity, as to the accuracy or completeness of the information. The information is presented subject to errors, omissions, change of price or conditions, prior sale or withdrawal without notice. Prospective purchasers should make their own investigations, projections and conclusions concerning the information.