Legendary Land Catalog Spring 2023

Featured Property: Pg. 10 Forest Grove Ranch

265 +/- acres

McCurtain County, OK

market report spring 2023

Here we are again in uncharted waters with new benchmarks being set in various sectors of the economy. Things seem to be happening so quickly that today's news is practically old news by the end of the week. In an effort to stay relevant, let's look specifically at a topic that will impact everyone reading this. Regardless of whether you borrow money, we all have some relationship or tie to the banking industry so in short we're all impacted by what happens to them. So far, the "Federal Reserve" just finished the tenth interest rate hike in the past 14 months. These rate hikes are represented as a way to slow the inflating market we experienced in 2021-2022 as a product of trillions of dollars that were created and distributed during the worldwide lockdown. This action seems to be working, however, slowing the economy isn't all these rate hikes are doing. The higher rates are devaluing the assets held by the banks and basically causing numerous banks to become overleveraged for lack of a better term. For a group of people that are supposed to understand the dynamics of finance, it almost seems like they created the environment we now find ourselves. They can't claim they didn't know what was going to happen when they handed out cash and dropped interest rates in 2020. Regardless of the how or why it appears there are several more banks waffling so this is going to continue at least into the near future.

How does this banking crisis impact land values, ownership, sales, and business related to land? So far the only impacts we have seen regionally are interest rate hikes and some behavior changes by the consumer. Many people that would borrow long-term money at 5% choose not to borrow at 8 or 9%. Some of those potential buyers are now either on the sidelines waiting for things to level out while others are using their cash. While banks may be collapsing, there are many more banks that aren't and those banks hold the assets of many many individuals that have millions of dollars in cash deposits. Some of those holding cash are losing confidence in the banks and moving their cash into hard assets including land and precious metals. Frankly, cash has been going down in value and hard assets are holding steady with inflation or exceeding their value against the dollar. On May 4th, gold hit an all-time record high and silver is also in a very steady position.

Since the last issue of The Land Catalog, we have seen a sales volume that reminds me more of the 2018-2019 timeframe. There is still good demand in the market but the number of transactions has slowed from 2022. The average buyer is struggling to comprehend this "new market" we find ourselves in. In essence, the dollar lost value similar to when a company does a stock split. Only this time we had a dollar split so we have more dollars and they're worth less. To wrap it all up I would say this market is if you want to sell, there are plenty of buyers looking for land. If you're a buyer you may have to wait a bit to find the right place because inventory is low but it is increasing every day! Land doesn't typically return the highest cash flow returns but it sure is great to own, manage and enjoy this unique asset class!

Dewey County, OK Epic Whitetail River Ranch

$5,013,200

2,005 +/- acres Relative Scarcity...when a resource is limited in supply, naturally. This is the term that defines a 2,000+ acre ranch within 1.5 hrs of Oklahoma City with 4.5+/- miles of South Canadian River frontage. It is extremely rare to find a ranch of this size that boasts this much river frontage but especially this close to Oklahoma City! To top it off, the upland portion consists of over 320+/- Acres of tillable farmland currently planted in Rye.

UnderContract

Jefferson County, OK

Mesquite Canyon Ranch

$2,634,500

958 +/- acres Mesquite Canyon Ranch is a rugged combination ranch with native grass pastures, thickets and mesquite timber. Five small ponds are scattered throughout the ranch, yet the topography in the wooded draws lends itself for the construction of new lakes and ponds. With quail whistling and big scenic views, this ranch has the feeling of West Texas, but is less than two hours Northwest of DFW.

Okfuskee County, OK

Schmidt Ranch

$1,750,000 555 +/- acres Improvements near the home include a shop, pole barn, roping arena, and small cabin that are all located within a few hundred feet of each other. The ranch is cross-fenced into 6 different pastures that allow for rotational grazing. Six different ponds are scattered throughout the ranch and two of the ponds are spring-fed.

UnderContract

Love County, OK Countyline Ranch

$2,556,750

A perfect recreational property with extremely diverse habitat from rolling uplands, big canyons and flat, fertile bottomland. This property has been managed for trophy wildlife for decades and has produced several big whitetails in the 170" range. There is plenty of water between the frontage on spring-fed Wilson Creek, the improved waterfowl impoundment and scattered ponds throughout, as well as extremely close proximity to Lake Murray.

487 +/- acres

UnderContract

Noble County, OK

Wildlife Mecca

$1,221,300

414 +/- acres Wildlife Mecca is a beautiful property with gently rolling terrain located in north-central Oklahoma near the community of Perry. The main entry gate is located roughly 1 mile from Hwy 412 just off of a county-maintained gravel road. A centrally located +/- 33 Acre watershed lake is the main recreational feature.

Dewey County, OK South Canadian River Farm

$976,125

390 +/- acres This farm consists of approximately 257 +/- deeded acres and 133+/- accreded acres and is located several miles southwest of Oakwood in Dewey County, OK. The area has tremendous character with fertile farmland, over 1 mile of South Canadian River frontage, a rugged timbered ridge, and beautiful river bottom views.

IncomeProducing

Grady County, OK

350 +/- acres

Buckhorn Creek Ranch

Currently generating approximately $25,000 in annual income!

$1,120,000

The ranch consists of beautiful rolling terrain mixed with blocks of timber and various species of grasses, both native and improved. There are tremendous hunting and fishing opportunities with the 7+/- acre lake, numerous ponds, and thick timber along Buckhorn Creek.

UnderContract

Lincoln County, OK Ranch on the Deep Fork

$391,250

313 +/- acres The property boasts approximately 100+/- feet of elevation change from the river to the highest ridge. There is an extensive road system over most of the property due to the presence of numerous oil wells throughout the ranch. A 10+ acre lake site is present in the northwestern portion of the property.

NewListing

Stephens County, OK

Marlow Ranch

$1,591,608

309 +/- acres Marlow Ranch is a versatile hunting and cattle combo located on the outskirts of Marlow, Oklahoma. The rolling native grass uplands and bottom land wheat fields near the creek are the perfect mix to hold the healthy population of deer and turkey on this property.

NewListing

Love County, OK

Wade Road Ranch

$1,485,000

300 +/- acres Wade Road Ranch is a excellent recreational ranch with fertile sandy loam soils in Western Love County. The property is quintessential Crosstimbers habitat found along the I-35 corridor where the forests of Eastern Oklahoma transition into the open plains of Western Oklahoma.

Cotton County, OK Hooper Farm

$798,000

280 +/- acres Hooper farm is situated in Eastern Cotton County in the farming community of Hooper. This area is known for its fertile bottom land soils and favorable terrain situated above the Red River. A four pasture rotational grazing plan and intense mesquite management has allowed the current owner to maximize forage production. Seven ponds and a seasonal creek supply ample water throughout the entire year. An old homestead along the Eastern boundary provides a nice building site overlooking the entire property.

NewListing

Garvin County, OK Forest Grove Ranch

$1,020,250

265 +/- acres Forest Grove Ranch is located right off Highway 70 in Southeastern OK. The property is cut into 5 separate pastures with natural water sources in each pasture. This region of Oklahoma is ideal for total/rotational grazing with high stock density rates of 1 animal unit to every 4.5 acres on average.

Love County, OK

Crosstimbers Ranch

$1,271,000

160 +/- acres Crosstimbers Ranch is a turn-key recreational property with excellent native habitat found throughout South-Central Oklahoma. The property only has public road frontage on one corner and borders up for one mile with 10,000+ acre Crosstimbers Wildlife Management Area, which is a thick walk-in bowhunting area strategically managed by the Oklahoma Department of Wildlife Conservation with prescribed burning and other methods.

NewListing

Noble County, OK

Billings Farm Tract 3

160 +/- acres Approximately 140 acres of tillable with 1/2 mile of Hwy 15 frontage.

$316,000

Conveniently located 1/2 mile from I-35 and the Cimarron Travel Plaza. Currently, the farm is planted with winter wheat. Grassy Creek, a wet-weather creek runs through the middle of the property from north to south.

WANTED!!!

We currently have buyers specifically looking for properties within this criteria.

• 5,000 acre native grass cattle ranch

• 5-15,000 acre hunting and cattle ranch

• 1,000 - 3,000 acre bermuda grass ranch

• 40-80 acres with duck potential

• 160-320 acre hunting properties

• Properties with potential to build a large lake

• 3,000-10,000 acre ranch east of I-35 & south of I-40

We Currently Have Buyers Interested in Buying Mineral Rights

405-206-0914

SOLD

Testimonials:

“I am an experienced land owner with this being the fourth ranch I have developed and sold over the past twenty years. This has been by far the best experience I have had with any Realtor in evaluating my property, giving a realistic market appraisal, and effectively marketing the property. Dan is courteous and professional in his manner. He responded to any and all of my many requests throughout the process. I highly recommend him and his company to anyone looking for a competent, realistic, hardworking Realtor.”

- Richard L. Frazier M.D.

"I’ve had the pleasure of working with Trevor Potts on multiple land transactions and he has always exceeded my expectations and been a complete pleasure to work with. From his professionalism, knowledge of the space to his punctual communications he is someone that I would highly recommend and will continue to work with for years to come."

Dan Ward

Broker/Partner

80 +/- Acres Murray County

- Toby Thomas

163 +/- Acres Jefferson County

170 +/- Acres Marshall County

576 +/- Acres Seminole County

180 +/- Acres Marshall County

107 +/- Acres Carter County

160 +/- Acres Love County 1,180 +/- Acres Love County 470 +/- Acres

County

+/- Acres

County

+/- Acres Marshall County 113 +/- Acres Carter County 6 +/- Acres

County 50 +/- Acres Murray County

60 +/- Acres

County 182 +/- Acres Jefferson County 90 +/- Acres Carter County

23 +/- Acres Love County

1,210 +/- Acres Marshall County

669 +/- Acres McCurtain County

160

NewListing

Pontotoc County, OK

Blackjack Ridge Ranch

$392,000

+/- acres Beautiful timbered recreational tract with 90' of topographic relief and a location to build a 20 acre lake. Several native grass meadows with crosstimbers habitat including plum thickets and scattered cedar trees.

NewListing

Pontotoc County, OK Rolling Oaks Ranch

$392,000

160 +/- acres Excellent hunting property with over 85' of elevation change and a location to build a 15 acre lake. There is one existing pond and 3/4 mile of seasonal creek drainages.

UnderContract

McClain County, OK

Cross Bar W Ranch

$1,104,008

159 +/- acres Cross Bar W Ranch is an immaculate 158 acre tract of land situated six miles East of I-35 on Highway 59 near Wayne, OK. This well-kept property is routinely managed for high quality hay production. Combined, there is over a mile of road frontage along the South and West boundaries with water and electricity available.

Carter County, OK

Beaver Lake

$594,000

120 +/- acres Beaver Lake is a rare all-around hunting property in Southern Oklahoma. This ranch boasts a five acre lake designed and managed for waterfowl, and is supplied by two spring-fed creeks. Directly South of the lake is a 3.5 acre flooded timber slough that holds an abundant amount of waterfowl during the migration. The Wade Road area supports a thriving Rio Grande turkey population and outstanding white-tailed deer genetics.

UnderContract

Love County, OK

Belleville Duck Farm

$622,250

131 +/- acres Belleville Duck Farm is a flat and fertile cattle and wheat farm nestled in the middle of 5,000 acres of ag fields in an area known as Courtney Flats. This historic farming community along the Red River is known for its healthy loamy soils which can sustain an array of crops including wheat, corn, milo, soybeans, cotton and anything else desired. Its also known for supporting many thousands of migrating waterfowl each winter, primarily mallards, wigeon and green wing teal, especially during winters with rainfall that places sheet water in the fields.

NewListing

Love County, OK Bone Valley Ranch

$731,250

117 +/- acres Bone Valley Ranch is an improved Bermuda grass ranch one mile off of I-35 in Marietta, OK. This ranch was re-sprigged in 2020 with Bermuda grass and has been consistently weed sprayed and fertilized since. This property has over 5,000' of spring-fed creeks that run and hold fresh water most of the year. There are two original ponds and five new ponds the owner constructed using the spring-fed creek system.

UnderContract

Love County, OK

NewListing

Walnut Bayou Ranch

$1,155,000 110 +/- acres For generations Oswalt Road and Walnut Bayou have been widely considered the epicenter for large whitetail deer genetics in South Central Oklahoma. The Walnut Bayou Ranch is a rare opportunity to own a piece of that special ground that is also a very productive agricultural ranch as a bonus. This property is less than two hours from the DFW metro area and on a paved road for the entire trip.

Oklahoma County, OK

Opossum Creek at the Deep Fork River

$675,000 100 +/- acres

This Lincoln County property is perfect for someone looking for a place to hunt close to the Oklahoma City area while generating some income from the farm lease. According to the FSA, there are approximately 57.69 tillable acres. Roughly 40+/- wooded acres lie south of the Deep Fork River.

Carter County, OK

McClaine Road Ranch

$552,069

87 +/- acres McClaine Road Ranch is a rare offering of 87 acres inside Ardmore City Limits and also borders Lake Murray State Park. This property holds unlimited potential with 60+ acres of rolling pastures and ample road frontage. This diverse acreage also offers a 22 acre wooded lot full of mature hardwood timber and slight elevation changes that would be ideal for future homesites.

NewListing

Johnton County, OK

Sandy Creek Overlook

$282,900

82 +/- acres Sandy Creek Overlook is a secluded hunting tract in Eastern Johnston County. While this property is currently set up for Whitetail hunting there is still a ton of opportunity for the next owner to add their own personal touch. This game-rich area is home to both Eastern & Rio Grande Turkeys.

NewListing

Cotton County, OK

Windmill Hill Farm

$250,614

80 +/- acres Windmill Hill Farm sits just above the Red River in southern Cotton County, OK. This property is an ideal starter ranch or a great addition to a larger ranch in the area. Improved bermuda grass hayfields and native grass pastures have been well-kept and understocked leaving the grazing in excellent shape. The groundwater under this property supports the original windmill well and a new water well which is rated at 35 GPM.

UnderContract

Noble County, OK

Billings Farm Tract 2

$158,000

80 +/- acres This Noble County Oklahoma farm is extremely well located with 1/2 mile of frontage along Highway 15 and 1/2 mile along a county road. The east boundary of the property is 1/2 mile from the Cimarron Travel Plaza on I-35 making it extremely easy to access.

NewListing

Carter County, OK Cimmaron Road Ranch Tracts 1-3

$432,000

72 +/- acres Cimmaron Road Ranch is located on the western edge of Wilson, OK inside city limits. This property has over 2,000' of Cimmaron Road frontage along the west boundary. Water and electric are available, making this an ideal homesite. This property is also being offered in multiple tracts. Tract 1 is +/-20 acres of mixed hard woods and native grass. Tract 2 is +/- 20 acres of very secluded with mature hardwood timber, a seasonal creek, and shared pond. Tract 3 is +/-30 acres and has the majority of a 2 acre pond.

HomeSiteOverlookingLake!

Love County, OK Pear Orchard Road Ranch

$630,000

70 +/- acres A secluded mix of native and improved grasses with roughly 20 acres of mature timbered edge habitat.

Grady County, OK

Tuttle Land & Lake

$910,273

60 +/- acres The recently built spring-fed pond has a consistent flow of water that is allowed to pass through a series of pipes to the lake downstream.

UnderContract

Bryan County, OK

Twin Lakes Ranch

Bryan County, OK Oak Hill 20

$499,500

25 +/- acres Twin Lakes Ranch is gorgeous raw land tract with two stocked lakes, rolling terrain, improved grasses and scattered ponds near Wayne, OK.

NewListing

Carter County, OK Oak Hill 24

$149,900

24 +/- acres A beautiful hunting and agricultural property with a thriving whitetail deer population.

$120,000

25 +/- acres A beautiful hunting and agricultural property with a thriving whitetail deer population and the Rio Grande wild turkey are abundant.

Love County, OK Orr Road Farm

$130,000

20 +/- acres A rare small acreage property situated in scenic Western Love County.

NewListing

Carter County, OK Meridian Road Ranch Tracts 1-6

$2,556,750

78 +/- The Meridian Road Ranch is a beautiful and scenic development property situated just four miles South of Lone Grove Schools and Hwy 70. Tract 5 has a one acre pond and scattered trees making it an ideal building tract. There is an 8" SOWC water line running along the road frontage as well as REA electric lines. There are five other tracts available ranging from 10, 12 and 14 acres in size which will all be sold with deed restrictions to prohibit cannabis activity, manufactured homes and 2,000 sf minimum size

*Property rights, hunting, and conservation advocacy

*Full-time representation at the State Capitol

*Successfully increased trespassing Þnes, prescribed Þre rights

*Education and outreach through youth and veteran hunts

OKLAHOMA WILDLIFE MANAGEMENT ASSOCIATION

*Property rights, hunting, and conservation advocacy

* Full-time representation at the State Capitol

*Successfully increased trespassing fines, prescribed fire rights

*Education and outreach through youth and veteran hunts

Become a member today and join us in promoting the preservation of our heritage as we work to protect landowner rights

For more inforation, visit: www.ok-wildlife.com

Become a member today and join us in promoting the preservation of our heritage as we work to protect landowner rights

For more information, visit: www.ok-wildlife.com