Nevada Ranch Land and Irrigated Farm Land For Sale with Water rights.
Land in Nevada with Water Rights
May 6, 2010Irrigated Land in Nevada with Water Rights.
We have a number of properties available for sale with water rights. Some of our properties are located in Southern Nevada. Water rights are in high demand in Southern Nevada, between Coyote Springs, Toquop, the new power plant, and Las Vegas. Water could get real short in the not to distant future. Science shows the Colorado River is way over drafted and Vegas may have a problem with water shortages. Since Nevada water rights are considered appurtenances to the land, they can be sold with the land.
Here are a few Nevada Farms and Cattle Ranches with Water Rights, and we have more:
This Nevada farm land consists of 1000 acres deeded, plus a 33,979 acres BLM range allotment, the BLM ranger told me on a tour, “this is the finest quality range he manages”. There are water rights to 13 springs, some on public lands. Two pivots irrigate 220 acres, at 5 tons per season it could produce roughly 1,100 tons of quality alfalfa per season. Current local market prices are around $130 per ton, which generates estimated gross income nearly $143,000 per season. The 2120 AUM BLM summer range allotment allows for around 250 Head. http://listings.realbird.com/VirtualTour.aspx?id=D7D5D7D4&rb-brand=1&fid=48063
This Nevada farm land consists of 18 quarter section pivots, 2294 in water righted irrigation land. At 5 tons per season it could produce roughly 11,500 tons of quality alfalfa per season. Current local market prices are around $130 per ton, which generates estimated gross income nearly $1,500.000 per season. http://listings.realbird.com/VirtualTour.aspx?id=D7D5D7D4&rb-brand=1&fid=20913
This Nevada farm consists of 1920 acres, 1594.5 in water righted irrigation land. At 5 tons per season it could produce roughly 7,972 tons of quality alfalfa per season. Current local market prices are around $130 per ton, which generates estimated gross income nearly $1,364.425 per season. http://listings.realbird.com/VirtualTour.aspx?id=D7D5D7D4&rb-brand=1&fid=36585
This Nevada farm/ranch consists of approximately 520 acres deeded, Southern Nevada Ground water rights. The ranch is productive, raising quality alfalfa, at 5 tons per season it could produce roughly 2,500 tons of quality alfalfa per season. Current local market prices are around $130 per ton, which generates estimated gross income nearly $325,000 per season. This ranch will be transition land in lifetimes. http://www.propertypanorama.com/tour.asp?id=101804
This old homestead “estate sale” Nevada ranch has not been worked much in some years. Consisting of 266 acres, the property has an old well and I have been told functions. Possibly most important is the 821 acre feet of ground water rights. This ranch is located South of Panaca, Nevada, in Lincoln County. These Southern Nevada ground Water rights have priority dates of 1947. There are two BLM range leases, Panaca Cattle Company and BuckBoard, roughly 60AUMs. http://www.propertypanorama.com/101805
This a special Nevada ranch with water rights because of the location and lay of the land. The “Flatnose Spring/Deer Lodge Valley offers 620 acres, and approximately 3000 acre feet in certified Southern Nevada ground water rights. Plus Flatnose Spring surface water rights, the spring was measured in 2004 at 1,818 liters per minute. The ranch as a history of producing around 1500 tons per season of quality alfalfa per season. Current local market prices are around $130 per ton, which generates estimated gross income nearly $200,000 per season. The owner has been receiving two depredation Deer tags per year and sells them for $5,000 each, this year he has around 40 applicants, he is considering raising the price for the deer tags. http://www.propertypanorama.com/101808
You can own Water Rights in Nevada. The Irrigated Land in Nevada can be leased back to farmer operators and provide return on your investment.
For more information, give Chris a call 435-862-5951
Chris W. Miller
Independence Realty
Las Vegas, NV 89123
435-862-5951
702-733-9337
Land in Nevada
Mesquite Marketchris@mesquitemarket.com
Nevada Land For Sale with Water Rights
May 1, 2010In an effort to improve exposure and reach a broader market for the Nevada irrigated farm and ranch land with water rights business market Chris W. Miller is proud to announce his new association with
Independence Realty
Reno and Las Vegas Real Estate and Western Nevada Properties
Leo Dupre, Broker-Owner, Independence Realty 775-691-8888
1005 Terminal Way, Suite 155 Reno, NV 89502
460 W. Main St #101, Fernley, NV 89408
8275 S. Eastern Ave. #200 Las Vegas, NV 89123
Serving Las Vegas, Reno-Sparks, Virginia City and Fernley
My new association with these offices will give the many Nevada farm and ranch land properties with water rights listed with me greater exposure to the entire state of Nevada irrigated farm and ranch land with water rights market. Property listings will soon be available on the Las Vegas and Northern Nevada MLS systems.
To discuss buying or selling Irrigated Nevada farm and ranch land with water rights call Chris today.
Chris W. Miller
Independence Realty
Las Vegas, NV 89123
435-862-5951
702-733-9337
Land in Nevada
Mesquite Market
chris@mesquitemarket.com
Lincoln County Land Market
Nevada Ranch Properties
Investing in Nevada Irrigated Farm and Ranch Land with Water Rights
October 26, 2009When most people think of farm land and ranch property, they think open ranges, hay fields, cattle and cowboys riding horses.
Wall Street seems like a far off place in another world. A fast paced place driven by profit and greed.
It seems the classic contradiction, slower paced, straight talking, down to earth folks making their living off the land verses the Bernie Madoff and George Soros types.
Truth is, the story I am about to tell you just may be a little sad, because Wall Street is buying up the farm. Over the past few years investment power houses like BlackRock, and retirement plan giants like TIAA-CREF has been plowing money into farmland. In Nevada farm land generally means land with water rights, due to the arid climate.
These are smart people who are motivated by money and profit.
Here is the deal; the fundamentals are in place for a long term boom in prices for everything AG-related. Consider this; in 1960 there were 1.1 acres of arable farmland per person globally, according to data from the United Nations. By 2000 that number had fallen to .6 acres. Over the next 40 years the world population is projected to grow from 6 billion to 9 billion.
According to Joachim von Braun, director general of the International Food Policy Research Institute, “Land is scarce and will become scarcer as the world has to double food output to satisfy increased demand by 2050”. “With limited land and water resources, this will automatically lead to increased valuations of productive land.” Von Braun goes on to say, “It goes hand in hand with water, Water scarcity will probably increase even more than land.”
Water in Nevada is today in short supply and clearly demand will outpace supply as they continue to close basins to new permits. Water rights in Nevada have another issue facing the dwindling supply, the demographic shift of the baby boomers to the more tax favorable warmer climate. Choices, decisions, are being made today, do we use the water for agriculture and food production, or do we pipe to Las Vegas for culinary use.
Farmers and ranchers want to stay in the business, but millions of dollars waved under their noses make it tough to say no to the sale. Many will stay on and lease to continue to live the lifestyle they love. These lease payments are cash flow on the investments. Could it be a win-win situation?
Commodities guru Jim Rogers says, “I’m convinced that farmland is going to be one of the best investments of our time.”
Meanwhile, B.L. Harris, acting director of the Texas Water Resource Institute, knows well the problems of the Ogallala system. “The one big issue with regard to the Ogallala is the fact that the annual recharge is much, much lower than the extraction rate that we are putting on the aquifer at the present time. The aquifer is over-drafted to a substantial extent.” The Ogallala is one of the world’s largest aquifers covering 174,000 square miles; it runs from South Dakota to Texas. Some estimates say it will dry up in as little as 25 years.
Farmers are smart and they talk, they may wear overalls and talk funny, but farming is older than Wall Street. Water and food are the sources of life for the planet, demand is guaranteed to grow. There are few guarantees on Wall Street. Farming is a difficult business, but it is a fine tuned machine, executed right it is a profit opportunity.
Chris W. Miller is Nevada irrigated farm and ranch land specialist with ERA Brokers Consolidated. Chris has Nevada farms as small as 266 acres with ground water rights, to Nevada cattle ranches as large as 34,000 acres including rangeland leases, listed and available for sale. For information about Nevada farm and ranch land with water rights call Chris today 702-346-7200 or 435-862-5951
Chris W. Miller
ERA Brokers Consolidated
Mesquite NV 89027
702- 346-7200
435-862-5951
Nevada Cloud Seeding Program Cut
October 24, 2009The State of Nevada just got a little drier, which is tough news for many since it is already the most arid state in the nation.
The $550,000 cloud seeding program that produces as much as 65,000 acre feet of additional precipitation annually has been cut from the state budget. That is about enough water to supply 130,000 households per year.
The real pain will be felt by the rangelands, farmers, and wildlife who will suffer from less water. The cattlemen’s association, Nevada Farm Bureau, and Elko County Commission have urged law makers to save the program.
On average Nevada receives about 9.5 inches in annual precipitation. The decision is also at odds with the current weather pattern, as Nevada is suffering from drought conditions already.
Hay farmers will benefit as a result of less grassy rangelands, farmers will be forced to buy more hay. The hay farmers deserve a break this year anyway.
Irrigated farm land with water rights will benefit. Many basins are closed to additional allocations for ground water permits. For the supply side of this irrigated land, our food chain supply land will see huge increases in value as time goes on.
Demand for water in Nevada goes well beyond agriculture in much of Nevada. Future population shift projections threaten to eventually strain the supply to the breaking point.
I currently have numerous parcels of Irrigated Farm and Ranch Land for sale with ground water rights. While agents across the nation tell their clients to lower the prices on all types of properties from residential properties to commercial centers, I am advising that it may time to raise the price of irrigated farm land with water rights in Nevada.
Chris W. Miller
ERA Brokers Consolidated
Mesquite NV 89027
702- 346-7200
435-862-5951
World Food Shortages, Agriculture, Land and Water Rights
October 24, 2009Fortune magazine, June 22, 2009 issue has a good article on “Why Farm Land is Hot”. Why ETF’s are investing today for the long haul on the food and water shortages in our future. From 1960 to 2000 the world went from over one acre of arable land per person to just over a half acre of arable land per person.
Growing populations and the shrinking supply of arable land will be a key focus of humanity as millions starve in the not too distant future. Water in many locations is the key to food production.
Water rights in Nevada are our most valuable resource. Irrigated agricultural land is available and the prices are increasing. Many basins in Nevada are closed to any future additional water rights; the supply side is very limited and will not increase. While demand continues to grow, with or without future housing developments.
We have cattle ranches with live springs filling stock tanks to water the cattle, and the ranch owns those water rights. We have sections of land with irrigation pivots watering grains like wheat and barley, as well as potatoes, and alfalfa. These irrigation pivots are fed from wells on the land and the farmers own those water rights.
Many farmers are willing to pay handsome lease payments to farm this ground, offering good rates of return to investors. You can own a half full strip mall with falling rents and potential future higher vacancy rates, or farm land with water rights.
If you have the means and are still not sure of the future demand, check out what the executives from some the nation’s largest agricultural companies have to say about the future demand.
Virgin River Valley water district just signed a contract to purchse surface water shares at approximately $8000 per acre foot, and they do not even use surface water for the system. Southern Nevada Water District most likely would have bought them up if Virgin Valley had waited to sign the contract. This is just another local example of how fast the water being gobbled up.
Chris W. Miller
ERA Brokers Consolidated
Mesquite NV 89027
702- 346-7200
435-862-5951
