id be shooting like Jed Clampet neighbors would call the police
Heck with spending that kind of money when all you need is a ball-peen hammer.
4 people murdered near Kingfisher not long ago and Sheriffs dept busting grow businesses weekly and they all seem to have Chinese ties. I dont want anything to do or even want to be close to a grow operation.
No progress has been made on buying this property. My periodic on-line snooping indicates the neighbor's growers license lapsed. Subsequently, a dispensary license was issued and recently lapsed. Last time I was in OK, the greenhouse fans were silent. I hope it all points to a going out of business sale. I'm not positive I want to maintain a 2nd home from 3 states away, but buying that 10 acre lot that borders my land on two sides could be decent insurance.
ETA: My insurance company asked me if that property was mine. I outlined that the answer is "no"; subsequently my liability/barn fire insurance and umbrella insurance went up quite a bit.
But, I also had two teenagers become drivers, so the cause-and-effect of the neighbor's operation on the umbrella insurance is not clear.
ETA: My insurance company asked me if that property was mine. I outlined that the answer is "no"; subsequently my liability/barn fire insurance and umbrella insurance went up quite a bit.
But, I also had two teenagers become drivers, so the cause-and-effect of the neighbor's operation on the umbrella insurance is not clear.
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The land and house are of value. The business, not so much.
Your offer should reflect this and let her know. Don't lowball it.
Chinese or sand rats taking over is a very real possibility. Buy it.
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Taking on and caring for another house from out of state is tough, but it’s allowed me a lot of freedom to have living and hunting stuff prepositioned and not have to haul so much back and forth. I also get to sleep in my own bed and cook in my own kitchen while I’m there.No progress has been made on buying this property. My periodic on-line snooping indicates the neighbor's growers license lapsed. Subsequently, a dispensary license was issued and recently lapsed. Last time I was in OK, the greenhouse fans were silent. I hope it all points to a going out of business sale. I'm not positive I want to maintain a 2nd home from 3 states away, but buying that 10 acre lot that borders my land on two sides could be decent insurance.
ETA: My insurance company asked me if that property was mine. I outlined that the answer is "no"; subsequently my liability/barn fire insurance and umbrella insurance went up quite a bit.
I’d say if you intend to hang on to your hunting property long term adding the house will be a good long term investment, and even if you have the intention of flipping the property at some point, the house would/should be very appealing to potential buyers.
I see lots of bankrupt grow farm around here. Just wondering if there’s any DEQ baggage with them? They don’t seem to move very quickly.
Kinda figure it’s just banks not wanting to take a loss.
Kinda figure it’s just banks not wanting to take a loss.
All great points. Thankfully, a pole barn with water and electricity on my property saves me from hauling everything back and forth. As mentioned early in the thread, I can't build a permanent habitable structure on the ranch property due to a flowage easement. If purchased, the adjacent home and small acreage would give me flexibility to market the land in the distant future as with or w/out a place to live (likely with). I'm trying to raise my boys right, so I'm betting there will always be a descendant wanting to go hunting in OK
or fishing on the land's navigable water 
, so it will likely never be sold by me. And, if I had a place with a mailing address, it would be easier to get resident rates 
Update: Due to personal reasons, the grow-facility owner is selling out and moving to support family back east. She's looking for around $250K for 10 acres, a 1200ish square foot house, outbuildings (barn, shed, privacy fence, and top dollar "garden fence". I think the license is expired and the business officially shut down awhile back.
Location: About 15 miles east of Henryetta.
Reasons to buy:
Neighbor insurance - Thanks to recent political events, there's a decreasing chance Chinese growers will buy it.
The 10 acres was part of my place (now just 168 acres) a generation ago. Adding it back would allow my hunting ranch flexibility in future marketing; 178 acres with a home vs 168 acres with just a barn and an easement against building a home. The combo could increase the overall value.
Could potentially lease the home and my adjacent ranch to someone wanting to get into cattle ranching and/or hay production
Land almost always increases in value.
Reasons not to buy:
$250K less to live on in retirement (coming soon). I'd survive with or w/o it.
It would be a PITA to maintain from Arizona; I'd either let the place go, or try to find a renter.
Was thinking of selling my place and finding something with more deer, more rent-able tillable land, and closer to south-central Kansas (where I have relatives). Dreaming of shooting deer over a renter's field vs installing food plots in my current Black Locust Swamp. Perhaps in the Ponca City - Stillwater axis.
Perhaps the mini-farm will be bought by a lovely family I can make friends with and they can watch my place, and go fishing and shoot coyotes and hogs on it in exchange for watchful eyes.
Location: About 15 miles east of Henryetta.
Reasons to buy:
Neighbor insurance - Thanks to recent political events, there's a decreasing chance Chinese growers will buy it.
The 10 acres was part of my place (now just 168 acres) a generation ago. Adding it back would allow my hunting ranch flexibility in future marketing; 178 acres with a home vs 168 acres with just a barn and an easement against building a home. The combo could increase the overall value.
Could potentially lease the home and my adjacent ranch to someone wanting to get into cattle ranching and/or hay production
Land almost always increases in value.
Reasons not to buy:
$250K less to live on in retirement (coming soon). I'd survive with or w/o it.
It would be a PITA to maintain from Arizona; I'd either let the place go, or try to find a renter.
Was thinking of selling my place and finding something with more deer, more rent-able tillable land, and closer to south-central Kansas (where I have relatives). Dreaming of shooting deer over a renter's field vs installing food plots in my current Black Locust Swamp. Perhaps in the Ponca City - Stillwater axis.
Perhaps the mini-farm will be bought by a lovely family I can make friends with and they can watch my place, and go fishing and shoot coyotes and hogs on it in exchange for watchful eyes.
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