Executive Summary
F.O. Ranch presents a rare opportunity to acquire a diversified, income-producing agricultural operation in western Nebraska. Encompassing 2,499.34± deeded acres in Kimball County, the ranch combines native pasture, dryland wheat production, and a substantial Grasslands CRP income component into a well-balanced and operationally sound holding.
Offered publicly for the first time, F.O. Ranch represents a multigenerational operation built on stewardship, conservative management, and long-term sustainability. With nearly 1,469 acres enrolled in Grasslands CRP generating approximately $22,031 annually through 2031, the ranch offers both production capability and predictable income - a combination increasingly sought after by 1031 exchange and long-term agricultural investors.
The Land
Total Deeded Acres: 2,499.34±
The ranch's acreage balance supports both livestock production and grain income while preserving flexibility for future operational adjustments.
Acreage counts are believed to be accurate but have not been verified by a professional survey. All acreage counts were obtained from the County Assessors website. The property is being sold by legal description and the acreage amount stated for the property is approximate.
Improvements
Primary Residence
Approximately 3,697± finished square feet.
Main Level (2,337 sq ft):
Basement (1,360 sq ft):
Outbuilding
Total dimensions 76'x30'
RV bay 14'x30
Shop 14'x30'
Barn 48'x30'
This residence provides ample space for a family-operated ranch or ownership occupancy.
Secondary Residence
Approximately 2,378± finished square feet with attached garage.
Main Level (1,592 sq ft):
Lower Level (786 sq ft):
Shop 1
Built 2005
Concrete floor
Built in workbenches
40'x50'
Shop 2
Quonset
Built 1986
Concrete floor
40'x70'
The dual-residence configuration offers flexibility for multigenerational living, ranch management housing, or rental income potential.
Yes. F.O. Ranch is a 2,499.34± acre working Nebraska cattle ranch for sale in Kimball County that currently supports approximately 70 cow/calf pairs year-round. The ranch includes 1,809.11± acres of native pasture with established grazing infrastructure and multiple water sources including solar wells, windmills, and submersible pumps.
F.O. Ranch includes approximately 1,468.73± acres enrolled in Grasslands CRP (CP88) across two contracts with a combined annual payment of about $22,031. The contracts run through September 30, 2031, providing stable income alongside cattle and farming operations.
The property includes 657.08± acres of dryland cropland currently operated under a wheat-fallow rotation consistent with western Nebraska dryland farming practices. This cropland component provides additional income potential and diversification within the overall ranch operation.
F.O. Ranch is located in Kimball County in the Nebraska Panhandle, approximately 4 miles from Lake Oliver. The region is known for its combination of dryland wheat production, native rangeland, and cattle operations, making it a desirable area for agricultural investment.
Yes. With diversified income streams including cattle grazing, CRP payments, and dryland farming, F.O. Ranch is well suited for buyers completing a 1031 exchange into Nebraska ranch or farmland. The property's scale, income stability, and two residences make it attractive for both investors and owner-operators.
Directions:
Location
F.O. Ranch is located in Kimball County, Nebraska — a region recognized for its established cattle operations, dryland wheat production, and native rangeland systems.
The property lies approximately 4 miles from Lake Oliver, providing nearby recreational access while maintaining its primary identity as a working agricultural ranch. Access is via maintained county roads, allowing efficient year-round operation.
Kimball, NE 14mi Scottsbluff, NE 59mi
Pine Bluffs, Wy 12mi Cheyenne, WY 53mi
Showing Instructions:
Listing agent must be present at all showings.
#1 Properties Ranch & Recreation LLC uses reasonable efforts in collecting and preparing materials and information regarding properties. While the information is believed to be reliable, due to the rapidly changing nature of the real estate market and our reliance on information provided by outside resources, the information is not guaranteed. Information is also subject to change, withdrawal, or correction.
Potential purchasers should independently verify any information and conduct their own due diligence. #1 Properties Ranch & Recreation LLC makes no representations or warranties about the property or the accuracy or completeness of the information concerning the property, including, but not limited to, each of the following: (a) acreage counts and legal descriptions, (b) distances, sizes, square footage, and other measurements, (c) water and mineral rights information, and (d) soil types, production, carrying capacity, or income potential.
Information is only provided for the purpose of assisting potential purchasers in identifying prospective properties they may be interested in purchasing. #1 Properties Ranch & Recreation LLC is not liable for any inaccuracies, errors, or omissions regarding information about the property or losses that result from the use of this information. Potential purchasers should conduct their own due diligence including, but not limited to, a legal and financial review before purchasing.
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