ROSE CREEK RANCH WINNEMUCCA, NV HUMBOLDT AND PERSHING COUNTY

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1 ROSE CREEK RANCH WINNEMUCCA, NV HUMBOLDT AND PERSHING COUNTY Industrial & Residential Development Site I-80 Hwy 40 interchange Heart of Nevada Gold Country 2,743 acres Enjoy hunting, farming and ranching while developing this property for more valuable uses Pat Morrissey pat@morrisseyrealty.com Information deemed reliable but not guaranteed. Reader to independantly verify all info provided

2 ROSE CREEK RANCH HUMBOLDT & PERSHING COUNTIES, NEVADA INTRODUCTION Rose Creek Ranch offers an exciting opportunity for the more experienced investor. The ranch presently operates as an alfalfa farm; however, the real value of this offering lies in the tremendous potential for future development into commercial, industrial and residential projects. The main headquarters and acreage of the ranch lies in close proximity to existing commercial/industrial development and the airport. Equally important, the ranch includes excellent water rights in good standing with the Nevada State Engineer s Office for both surface and underground water, an important ingredient for property development. In addition, the owner is presently evaluating the feasibility of harnessing Rose Creek s natural year round water flow in the upper range land for future hydro-electric power production. So, this offering represents the best of two worlds, the ability to farm and ranch on a smaller scale while working towards a more valuable future use of the property. RANCH LOCATION & DESCRIPTION: The Rose Creek Ranch consists of 2,743 total deeded acres deeded acres are in Humboldt County, and an additional 1,880 deeded acres lie in Pershing County. The Ranch is located about 9 miles west of downtown Winnemucca at the Rose Creek off ramp with frontage on Interstate 80. The Winnemucca airport is only a mile or two from the ranch, and has a 7,000 foot lighted runway. Reno is about 155 miles to the west and just over a 2 hour drive along I-80 (See Area Location Map). The ranch includes 609+ surface water righted acres with water coming from Rose Creek in the mountains above and to the south. In addition, the irrigated ground is supplemented with 375+ acres of under ground water certificates, all in good standing with the Nevada State Engineer s Office, Carson City, NV. Water is pumped from four different wells. The owner has contracted all farming operations to a local alfalfa farmer via a 7 year lease. 72 acres of freeway frontage is currently zoned highway commercial. Most notably, in addition to the highway frontage, is the bisecting of the ranch with the Southern Pacific Railroad. This in addition to the freeway frontage/access and ample water makes this property ideal for future industrial development. Morrissey Realty 1025 Ridgeview Dr. Suite 200 Reno, NV Pat Morrissey pat@morrisseyrealty.com Information deemed reliable but not guaranteed. Reader to independantly verify all info provided

3 Pat Morrissey Information deemed reliable but not guaranteed. Reader to independantly verify all info provided

4 ROSE CREEK RANCH FARMING OPERATIONS: For two generations, the owners of Rose Creek Ranch have produced alfalfa hay and rotation grain crops. The alfalfa yield in 2008 exceeded 1,000 tons, and has met high performance hay test standards for California dairy markets, consistent with the area s farming reputation. All of the farmland is contained in Sections 18, 19 and 24. WATER & IRRIGATION: Perhaps one of the most attractive features of this ranch is its water. Not only does it provide for current farming needs, but it also represents a valuable asset for future property development. Both surface and underground water rights appropriations (Certificates & Permits) are issued and administered by the Nevada State Engineer s Office, Carson City, NV. Table II is a summary of water rights of record. During normal water years, surface water from Rose Creek runs at an average volume of 2.0 to 2.5 Cubic Feet per Second (CFS), and is transported to the ranch reservoir and then to farm ground via some 2 miles of main line pipe ranging in size from 8 to 10. In addition, the ground water is supplied by 4 wells, 2 of which have been connected by pipelines to provide for more water use efficiency. The wells vary in size and capacity ranging from depths of 200 to 400 feet with production ranging from 800 to 1,500 Gallons Per Minute (GPM s). There are two 80 acre full circle zimatic pivots. The owner recently installed and planted two additional valley half circle pivots, 90 acre and 120 acre in size for a total of 370 acres of overhead. RECREATIONAL USE: Upper canyon is a hunters paradise. This area produces some of Nevada s best trophy mule deer, chuckar, antelope, bobcat and mountain lions. The fields provide some of Northern Nevada s best goose hunting. Rose creek and the reservoir have provided fishing in the past, however some restoration and stocking would be needed to recapture its past glory. Pat Morrissey pat@morrisseyrealty.com Information deemed reliable but not guaranteed. Reader to independantly verify all info provided

5 ROSE CREEK RANCH IMPROVEMENTS: Rose Creek Ranch is complimented with typical improvements. There are 2 residences all on well and septic systems. The main home is a fully remodeled square foot, 3 bedrooms, 1 bath, wood framed structure with metal roof, plus a detached 2+ car 24 X 24 insulated garage with concrete floor, power and automatic door opener. The second residence is a 3 bedroom, 2 baths, 1440 square foot double wide mobile home, and is presently being used as a rental, generating $ monthly income. There are several other out buildings including a 28 X 40 metal shop building with electricity, a railroad box car used for storage, tack shed, ATV shed, wood, storage & chicken sheds, etc. In addition, there is a 200 to 250 head feed lot equipped with working corrals, squeeze and loading chutes, water, power and night light. The irrigation system includes a reservoir, extensive underground pipe lines from the upper range to the reservoir, then on down to the farm ground for irrigation. The lower farm ground at headquarters is all fenced, and the upper range land also includes extensive fencing and spring water improvements. DISCLOSURES: The information contained in this prospectus has been obtained from the owner and other sources deemed to be reliable and are believed to be accurate and correct. While Morrissey Realty has made diligent effort to insure that the information contained herein is correct, no warranties as to its accuracy are either intended or implied. The prudent buyer should perform his/her own independent due diligence study as a condition to any offer for verification purposes. The owner and his agent pledge full support and cooperation in assisting the buyer in this respect. For more information and showing appointment, contact: Pat Morrissey Pat Morrissey pat@morrisseyrealty.com Information deemed reliable but not guaranteed. Reader to independantly verify all info provided

6 Rose Creek Ranch I-80 - Hwy 40 Interchange 9 miles to downtown Winnemucca SP Railroad Line Proposed truck stop Pat Morrissey pat@morrisseyrealty.com Information deemed reliable but not guaranteed. Reader to independantly verify all info provided

7 Morrissey Realty 1025 Ridgeview Dr. Suite 200 Reno, NV 89519

8 ROSE CREEK RANCH PHOTOS 2 car insulated garage and ATV storage shed head feed Lot with working corrals and chutes Cattle in feed yard waiting to be turned out on the range Reservoir in Sec 26, above irrigated fields for gravity slow sprinklers Rich grass & clover meadow in Sec. 13, deeded range Morrissey Realty 1025 Ridgeview Dr. Suite 200, Reno, NV 89519

9 ROSE CREEK RANCH PHOTOS N1/2, Sec. 24 Improved spring & trough in upper deeded range - Sec. 13 Another deed range meadow with shade trees in Sec. 12 Cattle grazing in tall feed, in Sec. 11, deeded range Morrissey Realty 1025 Ridgeview Dr. Suite 200, Reno, NV 89519

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