Ollerich Feedyards, LLC – Feed Lot & Real Estate Aucton

+/-72.62 ACRE MOODY COUNTY SOUTH DAKOTA QUALITY 2,500 HEAD PERMITTED LIVESTOCK FEEDING OPERATION AT AUCTION

This Property Features a Nice Ranch Style 4 Bedroom Home, Finished Office, Heated Shop & Equipment Storage Buildings, Terrific Loading, Sorting & Working Facilities, 16 Cattle Yards w/Concrete Bunks, Feed Pads & Ample Other Concrete & Heavy Duty Fencing, Commodity Building & Bunker Feed Storage. Certified 80’ Scale, 3 Lagoons and a 2,500 Head Confined Animal Feeding Permit – Situated in  Northern Moody County, SD & Conveniently Located to Brookings   Elkton, SD and the I-29 Corridor

As we have decided to retire from our livestock feeding operation and pursue other interests, we will offer the following real property at auction “On Site” at our Cattle Feeding Facility located at 48311 221^st St., Elkton, SD; located from Elkton, SD – 3 miles west and 4 miles south on 483^rd Ave.; located from Brookings, SD – 5 miles south to the Elkton, SD Exit #127 on I-29, then 8½ miles east on Hwy. #324 (217^th St.), 4 miles south on Hwy. #13 and 2 miles east on 221^st St.; from the Ward/Nunda Exit #121 on I-29 – 8 ½ miles east, 2 miles north on Hwy. #13 and 2 miles east on 221st St.; or from Flandreau, SD – 9 miles north on Hwy. #13 and 2 miles east on 221^st St.

FRIDAY APRIL 17, 2020                            SALE TIME:  10:00 a.m.

AUCTIONEERS NOTE:  This auction presents the opportunity to purchase a well-designed livestock feeding facility that must be seen to be appreciated!  This property features many amenities not commonly found in feeding facilities located in extreme eastern South Dakota.  Throughout the years of operation this facility has been constantly improved with buildings added, 80’ 110,000 lb. scale installed, additional concrete poured and other noteworthy renovations. The loading/unloading & cattle working facilities are excellent and are well designed for the ease of handling livestock.  Last, but not least, this property already has a 2,500 head Confined Animal Feeding Operation Permit (CAFO) in place and 3 lagoons servicing the operation.  Seldom does the opportunity arise to purchase a quality permitted livestock facility as is found in this property, so mark your calendars to make a pre-sale inspection of this property and be in attendance at this auction.

The improvements on this +/-72.62 acre livestock feeding facility has a myriad of improvements & livestock feeding facilities.  The residence consists of a modern ranch style home (approx. 26’x46’ or 1,196 sq. ft. on the main level) and an attached 28’x30’ attached dbl. garage w/access from the garage to the lower level – the main level includes a living room w/new picture window, 2 bedrooms w/closets, full bath w/tub-shower unit, dining area w/sliding patio door to a wdn. deck, kitchen w/snack bar, built-in cabinets w/dishwasher, side by side refrig. and elec. stove and side walk door to the attached insulated & lined dbl. garage w/2 OH doors & elec. openers; the lower level has a family room, 2 bedrooms w/closets, a ¾ bath and utility laundry areas with a Heil High Effic. LP gas furnace w/central AC, elec. HW heater, 200 amp breaker elec. service, laundry hook-ups and a walk door and staircase from the lower level to the garage; the exterior of the home has gray vinyl siding and asphalt shingles.  Other improvements include an Office Bldg. (approx. 50’x60’) w/finished office space, break room, ½ bath, utility/storage room, a combination break room, vet supplies storage area & utility area with a Coleman LP gas furnace and AC and 2^nd story finished loft (approx. 12’x50’); an adjacent very well designed cattle loading facility w/Parasal Mfg. hyd. cattle chute, circle tub, concrete loading chute w/12” thick sidewalls & trailer loading alley – this loading facility allows for ease of handling of livestock and for safety; a Heated Shop (approx. 49’x51’) w/colored steel exterior that is insulated and has the interior lined with white steel and has a concrete floor w/floor drain and includes an LP gas hanging furnace and IR 80 gal. twin cyl. air compressor & airlines and has 2 – insulated overhead doors w/elec. openers (14’’x14’ each) – constructed in 2011; Storage bldg. (48’x120’) w/colored steel exterior, gravel floor and 2 -18’ wide x14’ high overhead insulated doors w/elec. openers – one on each end of the bldg. – new in 2011; Storage bldg. (40’x80’) w/colored steel exterior, cement floor and 2 -14’ H’ x 12’ W overhead insulated doors w/elec. openers – one on each end of the bldg. – built in 2006; Open front storage bldg. (60’x120’) w/colored steel exterior – utilized for equipment & hay – built in 2016; Commodity Storage Bunker – (28’x30’) w/10’ High concrete back wall & 8” thick back wall & slanting sidewalls and a concrete floor & ½ wall – new in 2011; West Concrete Bunker (approx. 60’x220’) w/ 8”x10’ sidewalls – new in 2010; Older East Bunker (approx. 65’x230’); 2 steel upright liquid feed tanks on HD concrete pads with a new style elec. pump; Cement Pad (60’x240’) – installed in 2010 – that is located in front of the commodity storage & bunkers; Cardinal Model 10080-EPR 80’ Drive Over Scale – 30T CLC/Sec & 100T NOM./GROSS 110,000 lb. Capacity w/new updated digital readouts in 2015 and a heated scale house; 16 Cattle Pens – Pen #4 – 70’ of conc. bunk; Pen #5 – 80’ of conc. Bunk & 82’x92’ concrete pad; Pen #6 – 80’ of conc. Bunk & 80’x82’ concrete pad; Pen #7 – 80’ of conc. Bunk & 96’x90’ concrete pad; Pen #8 – 184’ of conc. Bunk & 52’x195’ concrete pad; Pen #9 – 190’ of conc. Bunk & 52’x224’ concrete pad; Pen #10 – 110’ of conc. Bunk & 74’x115’ concrete pad; Pen #11 – 120’ of conc. Bunk & 78’x144’ concrete pad; Pen #12 – 160’ of conc. bunk; Pen #13 – 180’ of conc. bunk; Pen #14 – 200’ of conc. bunk; Pen #15 – 200’ of conc. Bunk & 50’x218’ concrete pad; Pen #16- 224’ of conc. bunk; Pen #17- 216’ of conc. bunk; Pen #18 – 240’ of conc. Bunk & Pen #19 – 280’ of conc. Bunk. Fencing around the feedyards consists primarily of Sunderman Continuous Fencing & RR ties; Based on information provided by the operator this feedyard is set up to comfortably hold 2,500 head of feeder cattle of varying weights.  The farmstead is serviced by Brookings/Deuel Rural Water to the house & to the pens if necessary; Livestock water provided from 2 wells w/12 tire water tanks & 2 – Ritchie fountains at various locations in the feedyards.  This property is serviced w/single phase electrical provided by Sioux Valley Energy Rural Electric.  The feedyards are serviced by 3 lagoons and there are 4 monitoring wells on the property.  This feeding facility presently has a CAFO permitted for 2,500 head of cattle.  This livestock facility has been substantially updated in recent years with over $800,000.00 spent on new buildings, upgrades to the feeding facilities, concrete and other improvements to the facility since 2010 and this property truly must be seen to be fully appreciated.  This is a permitted livestock feeding facility, operating under and existing Confined Animal Feeding Operation (CAFO), prospective buyers should independently research both the Moody County Zoning Regulations and SD DENR regulations to verify that their utilization will be in compliance.   Additionally, according to FSA information this +/-72.62 acre property with the feedyards has approx. 20 acres of pasture and 9.31 acres of cropland.

LEGAL DESC.:  Tracts 1 and 2 of VanDyke’s Addition in the NW ¼ of Sec. 12, T. 108N., R. 48W., (Spring Creek Twp.), Moody County, SD – containing 72.62 acres M/L.

TERMS:  Cash – A 10% non-refundable earnest money deposit on the day of the sale and the balance on or before May 29, 2020 w/full possession at closing.   Marketable Title will be conveyed and owner’s title insurance will be provided w/the cost of the owner’s policies divided and a title company closing fee divided 50-50 between the buyer & seller. All of the 2019 RE Taxes payable in 2020 in the amount of $4,441.86 will be paid by the sellers and based on that amount the 2020 RE taxes will be prorated to the date of closing.  The acres in this property based on the acres as stated the county tax records, with the acres understood to be “more or less”.  The sellers do not guarantee that existing fences lie on the true and correct boundary and any new fencing, if any, will be the responsibility of the buyer pursuant to SD Law.  FSA yields, bases, payments & other information is estimated and not guaranteed and are subject to County Committee approval.  This property is sold in “AS IS” condition and the merchantability or suitability of this property for any particular purpose is not guaranteed; furthermore, any permits concerning the future use of the feedlot as required by SD DENR and/or Moody County Planning & Zoning in connection with a Concentrated Animal Feeding Operation (CAFO) will be the responsibility of the purchaser.  Information contained herein is deemed to be correct but is not guaranteed.  Sold subject to existing easements, restrictions, reservations or highways of record, if any, as well as any or all Moody Co. Zoning Ordinances.  The RE licensees in this transaction are acting as agents for the owners. Sold subject to confirmation of the Owner.  For Additional Information contact the auctioneers or brokers affiliated with this auction or see www.suttonauction.com or www.burlagepeterson.com

OLLERICH FEEDYARDS, LLC

Steve & Rhonda Ollerich, Owners – Steve – Cell Ph. 605-940-4227

CHUCK SUTTON – Auctioneer & Land Broker – Sioux Falls, SD – ph. 605-336-6315 & Flandreau, SD – ph. 605-997-3777

BURLAGE & PETERSON – Auctioneers & Realtors – Brookings, SD – ph. 605-692-7102

JARED SUTTON – Auctioneer & RE Broker Assoc. – Flandreau, SD – ph. 605-864-8527 &

DEAN STOLTENBERG – Auctioneer & RE Broker Assoc. – Jasper, MN – ph. 507-348-7352