Sturgis/Whitewood, SD 405 +/- acres $1,090,250

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1 Sturgis/Whitewood, SD 405 +/- acres $1,090,250 The Hefner North Unit is a property that has not been offered for sale in over half a century! This historic offering has benefited from superb land management practices and has served well as a part of the Hefner Ranch operation for decades. With rotational grazing practices, strategically-placed water and cross -fencing, the Hefner North Unit is in excellent condition, even in a dry year. The offering includes /- acres of grass land. A portion of the property has been used in hay production in recent years. There is an ample mix of legumes, both cool and warm season grasses comprised predominantly of gamma and wheat grasses.

2 Location: Convenient access to the property is available from Avalanche Rd., a county maintained gravel road that leads directly into Sturgis, SD, about five miles to the south. With the beautiful Whitewood Valley starting on the West boundary of the property, and unmatched views of Bear Butte and the Northern Black Hills, the Hefner North Unit truly is in a special location, yet with lots of room to breathe. Locale: Since the gold rush days of the late 1870 s, following Custer s Expedition, the Northern Black Hills of South Dakota have been a destination of folks in a variety of pursuits. Aspiring to business, ranching, logging, exploration, recreation or retirement, they have migrated to the area and found open spaces, a moderate climate, friendly faces and fulfilled expectations. This property is situated 15 miles northeast of Spearfish, SD (population 11,000). Spearfish is located along the beautiful Spearfish Creek and home to Black Hills State University, and many eclectic shops and stores. Historic Deadwood, situated 14 mi to the south and the Legendary town of Sturgis, SD, 20 mi to the southeast, provide the area with ample variety in character and history. Air service is available at the Spearfish Municipal Airport, an instrument rated airfield with a 6,400 paved runway. Regional flight service is available within an hours drive at Rapid City, SD. Rapid City is the second largest city in South Dakota and offers all types of shopping, fine and casual dining, medical facilities and industry.

3 Water: Water is available from a private well, as well as access to the Bear Butte Valley Water District. Power: Power is located on the property. Access: The property may be accessed via easements off of Avalanche Road, (north of Sturgis, SD) or Jackson Rd., both well maintained County graveled roads. Operation: Currently the property is being utilized as grazing land summering about 60 Cow/calf pair most of the season. The property, with its location and topography, would lend itself to a variety of applications from hay-land to housing. Taxes: Real estate taxes for tax year 2016 are $1, Price: The Hefner North Unit is priced at $1,090,250.00

4 Broker Comments: The Hefner North Unit is an opportunity to lay hold of a sizable acreage in an area where established holdings rarely come available. This property would be adaptable to a variety of uses, from haying and grazing to residential and ranchette development. Please give this opportunity careful consideration if you're looking at all in the northern Black Hills area. Thank you for your consideration.

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6 Exhibit A Hefner Legal Description Meade and Lawrence County, South Dakota Prepared by: Hewitt Land Company Inc. Township 6 North Range 4 East Lawrence County, SD BHM Taxes Acres Sec. 13; E1/2 SE1/4 & TR 1 OF NW1/4 SE1/4 $ Sec. 24; NE4NE4 $ Sec. 24; TRACT R IN THE W1/2SE1/ & NW1/4NE1/ $ Total taxes and Deeded Acres $ Township 6 North Range 5 East Meade County, SD BHM Taxes Acres Sec. 18; SW4SE4 $ Sec. 19; LOTS 1-3, E2NW4, NW4NE4 $ Total taxes and Deeded Acres $ Combined Totals $1,

7 Soils Map

8 Topographic Map

9 Aerial Map

10 For more information and to schedule a showing, contact: JD Hewitt, Broker at or (cell) or jd@hewittlandcompany.com Tanner Hewitt, Broker at or tanner@hewittlandcompany.com