3622 Road 17 W, Bushnell, NE 69128

Executive Summary F.O. Ranch presents a rare opportunity to acquire a diversified, income-producing agricultural operation in western Nebraska. Encompassing 2,499.34A± 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: 2,499.34A± Native Pasture: 1,809.11A± acres Dryland Cropland: 657.08A± acres Other: 33.15A± acres 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 3,697A± finished square feet. Main Level (2,337 sq ft): 3 bedrooms including primary suite 2 bathrooms Family room Living room Kitchen and dining Laundry Basement (1,360 sq ft): Recreation room Billiard room 2 bedrooms Bath Utility and storage 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 2,378A± finished square feet with attached garage. Main Level (1,592 sq ft): Primary bedroom Additional bedrooms 2 bathrooms Living room Kitchen and dining Laundry Lower Level (786 sq ft): Large recreation room Bedroom Bath Mechanical and storage 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. Frequently Asked Questions - F.O. Ranch1. Is F.O. Ranch a working Nebraska cattle ranch for sale? Yes. F.O. Ranch is a 2,499.34A± acre working Nebraska cattle ranch for sale in Kimball County that currently supports approximately 70 cow/calf pairs year-round. The ranch includes 1,809.11A± acres of native pasture with established grazing infrastructure and multiple water sources including solar wells, windmills, and submersible pumps. 2. How much CRP income does F.O. Ranch generate? F.O. Ranch includes approximately 1,468.73A± 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. 3. How much farm ground is included with the ranch? The property includes 657.08A± 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. 4. Where is F.O. Ranch located in Nebraska? 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. 5. Is F.O. Ranch a good property for a 1031 exchange into agricultural land? 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.