OKLAHOMA RANCH LAND, 3,000+AC, NICE HOME, ALL EQUIP Wall Street Uncertain? Land, Will Always Be There! Start Price USD 6,750,000.00 Current Price USD 6,750,000.00 Time Left - Bid Count 0 Buy It Now Price - Reserve Price - Start Time Saturday, November 22, 2008 End Time Monday, December 22, 2008 Location Pottawatomie County, Oklahoma See more about 'OKLAHOMA RANCH LAND, 3,000+AC, NICE HOME, ALL EQUIP' Description            OKLAHOMA RANCH, 3,031 ACRES, BIG HOME, POOL, BUILDINGS, EQUIPMENT & MORE, ALL INCLUDED!                                                                  BUYER OPTION TO ALSO PURCHASE CATTLE!                                                                              Visit Website for more photos & information                                                                                       www.ranchesoklahoma.com                                      Welcome to J‑Bar‑T Ranch of Oklahoma   J‑Bar‑T Ranch is situated in rolling hill country, only a few miles from the University of Oklahoma and not far from Oklahoma City. It is easily accessible on paved roads yet quietly secluded and peaceful. J‑Bar‑T Ranch totals 3,031 acres mol in size. J-Bar-T improvements include 4 houses, several barns and buildings. There is abundant water on the ranch, consisting of 31 ponds, a river and 2 creeks.  J-Bar-T Ranch is comprised of nine tracts, each one given our pet names as the land was acquired over the years.       Oklahoma is the heartland of America centrally located to everywhere!  In a recent study of personal taxes, Oklahoma ranked lowest of all 50 states.  Oklahoma's low cost of living and all four seasons attracts people & business from all over the US providing Oklahoma with a wealth of diversification. With many large lakes and abundant state parks, there's no shortage of opportunity for outdoor sports.  Whether jumping sand dunes in a dune buggy, riding horseback in the Ouichita Mountains, fishing lakes and rivers, hunting on approved areas, or enjoying motorsports of all kinds, Oklahoma is where it's at.   We look forward to hearing from prospective buyers who are serious about owning one of the finest ranches in Oklahoma.   We are offering the ranch ourselves, with no brokers or agents involved on our behalf.  We believe in conducting business face to face with everything on the table, the old fashioned, Oklahoma way.  J-Bar-T Ranch is held fee simple title with no mortgage, debt, liability or encumbrance., i.e. good, unencumbered, clean title and ready to sell.   About Us   J‑Bar‑T Ranch began nearly 50 years ago with the first land acquisition and has developed into the fabulously beautiful ranch that it is today.  Much of the land was originally covered with blackjack, white and red oak timber, having since been selectively cleared.  The newly created pastures were contoured to reduce erosion and sprigged with native bermuda grass.  Ponds were built for watershed control and to insure that plenty of water was available for livestock.  Those many years of labor and expense to improve and maintain the land are evident in the country club appearance of J‑Bar‑T ranch land today.  To maintain the quality, all pastures are fertilized and sprayed for weed control annually, as well as treatment for gopher control.   James AJ.L.@ Thompson, the founder of J‑Bar‑T Ranch, served with distinction during World War II with the US Army in Europe as a combat veteran earning the Bronze Star.  His J‑Bar‑T Ranch became known as one of the largest breeders of registered and purebred Charolais cattle in the country.  Today, the cattle raised on J‑Bar‑T also include commercial, mixed breeds and are ranked highly by cattle buyers who consistently attend sales to purchase calves raised on J‑Bar‑T.    Operations are presently managed by Mr. Joe Brummett who has been responsible for management of J‑Bar‑T for over 30 years.  His knowledge and work ethics are unexcelled, both qualities difficult to find and greatly appreciated.  If desired by the new owner of J‑Bar‑T, Mr. Brummett has indicated a willingness to consider a proposal for his continued employment.       About the Ranch   J-Bar-T Ranch today, is the culmination of land acquisitions occurring over many years.  Each tract of land had it own pet name that made it readily identifiable when it was discussed.  Some of the names are based on the previous owner, location, size, or circumstances and they just sorta stuck!  "West" Place  Acres: 560.00 General Description: Improved Bermuda pasture/260 acres hay meadow, no woods Improvements: 4,124 sq-ft frame/rock exterior, ranch home with brick/iron wall, pool, tennis court, cabana, smokehouse & large brick bbq grill. Steel equip shed, Concrete block bldg w/greenhouse, large store room, tack room & horse stables Large metal barn w/loft, workshop, feed lockers, refrigerated meat processing locker and kitchen, rodent proof feed lockers, with extraordinary quality steel pipe pens, chutes, feed bunks, corrals & gates. Ranch is cross fenced into 13 separate pastures, with lanes connecting 2/3 of the pastures 1,620 sq-ft concrete block house w/block & metal outbuildings (used for ranch hand) 2 very large metal hay barns with feed bunks, 2 working pens, all of steel pipe const. Water: Spring Creek, 13 ponds totaling about 30 acres. 4 water wells. "McFarland" Place  Acres: 560.00 General Description: Improved bermuda pasture of which about 80 acres bottom land hay meadow farmed regularly, approximately 50 acres of woods Improvements: Older, 2 bedroom frame house of about 1,200 sq-ft, cattle pens, sheds and steel fencing Water: Council Creek through the west side, 7 ponds totaling about 20 acres, 1 water well "Pierson/Headquarters " Place Acres: 830.00 General Description: Improved bermuda pasture of which about 600 acres of Little River bottom land hay meadow is farmed regularly, approximately 50 acres of woods Improvements: Older, 2 bedroom frame house of about 1,500 sq-ft, large barn, grain silo, work shop, equipment shed, steel fencing and fuel tanks Water: Little River along the northeast side, 2 large ponds totaling about 15 acres, 1 water well.  Rural water available on county road frontage.  "Dead Tree " Place Acres: 160.00 General Description: Cleared timber land now improved bermuda pasture Improvements: Steel fencing Water: 1 pond, about 3 acres, spring fed "307 & New 160" Place 307 Acres: 310.00 New 160 Acres: 160.00 General Description: Improved bermuda pasture, not hay farmed, no woods Improvements: Steel fencing 307 Water: Spring creek, 2 ponds totaling about 30 acres (1 is US federal watershed about 15 acres) Rural water available on Hwy 102 frontage. New 160 Water: 1 pond, about 3 acres "Karen & Sharen's 320" Place  Acres: 320.00 General Description: Improved bermuda pasture Improvements: Steel fencing, corrals & pens Water: 3 ponds totaling about 12 acres. Rural water available on Hwy 102 frontage  "Salt Creek & 33 " Place Salt Creek Acres: 98.13 33 Acres: 33.55 General Description: Improved bermuda pasture of which about 45 acres is hay farmed regularly Improvements: Steel fencing Salt Creek Water: 2 ponds totaling about 4 acres. Rural water available on Hwy 102 frontage  33 Water: Rural water available on Hwy 102 frontage Terms of Sale J-Bar-T Ranch is being sold by the owners with the intent to divest the ranch in its entirety. Three family members own undivided interest in all but two of the different ranch descriptions which are individually owned. There are no liens, debts, mortgages or encumbrances on the property. Legal descriptions, attached as Exhibit "A" (not shown here), is true and correct to the best of the Seller's knowledge. However, it shall be incumbent upon the Buyer to perform whatever title examination may be necessary to satisfy Buyer's requirements. Included in Sale of Land: Equipment: All equipment, tools, pickup trucks, trucks, trailers, tractors, implements, materials, which are present upon the described lands at the time a binding purchase agreement is executed between the parties to the sale. If Buyer requires, then Buyer and Seller's representatives will jointly conduct an inventory. Perishables: Hay, feed, veterinary supplies, and fuel are subject to usage as required until closing occurs. Minerals: The majority of the minerals were severed from surface prior to the current owners. Owners have not and will not retain any mineral ownership. If interested, Buyer should examine record title to determine actual, current mineral ownership as Sellers are unsure. Excluded from Sale of Land: Furniture: Seller's reserve from the sale, all furniture which may be in the main house on the "West" Ranch. Seller's will remove all remaining furniture after execution of the Purchase Agreement and before Closing. All furniture remaining after closing will become the property of Buyer. Cattle: All cattle are excluded from the sale of the ranch land. However, the Buyer shall have an option at closing to purchase the entire cattle herd. If Buyer elects to buy the cattle, the price will be based upon an inventory taken by the Seller's and Buyer's representatives, prior to closing. The representatives shall agree on the count, classification and weight of each animal. The price for commercial grade cattle will be computed utilizing the Futures Market closing price on the last, previous trading day prior to closing.  Registered and purebred cattle will be valued appropriately.  Purchase of cattle will be paid to Seller at Closing on the ranch land.   In the event Buyer elects not to exercise the option to purchase the entire cattle herd, then Seller shall have up to, but not more than 20 calendar days after Closing, without compensation to Buyer, to remove all cattle from the ranch. Buyer will extend full cooperation to Seller's representatives and/or employees for access to the cattle as deemed necessary by Seller. If Seller has not removed all cattle, during the specified time period, then Buyer will be entitled to compensation from Seller as agreed to and specified in the Purchase Agreement. Inspection of Ranch: Inspections are by appointment only. Contact Jerry Downey @ 1(405)624-2411. Purchase Terms:  A binding Purchase Agreement will be executed by the Buyer and Seller.  Buyer is required to make an earnest deposit equal to 10% of the purchase price when the Purchase Agreement is executed. Deposit funds will be escrowed by Sellers bank.  The Closing date will be specified in the Purchase Agreement.  The form of conveyance will be by Seller's Quit Claim Deed.  In the event title curative is necessary, Seller shall be allowed a reasonable period of time to resolve such curative items.  All payments will be by bank wire transfer only.  Sale Price: $6,750,000.00 US Caveat: The terms set forth herein are to outline the basic factors associated with the sale of J-Bar-T Ranch and are not to be construed as a contract. The actual Purchase Agreement will contain additional verbiage as deemed appropriate by Seller’s legal counsel. All descriptions herein or represented by Seller or Seller's representative, are to the best knowledge of Seller or Seller's representative. If, as a result of title examination and a legal title opinion, it is determined that corrections to the amount of acreage described herein are necessary, then the total purchase price specified in the Purchase Agreement will be increased or decreased as required and adjusted proportionately to the total acreage description originally provided by Seller. Prior to execution of a valid Purchase Agreement between Buyer & Seller, Seller reserves the right to withdraw, the ranch land offered for sale in total or in part, or modify any of the terms, descriptions or representations contained herein, without notice and without liability to any party.   Place a Bid!