Historic ranch auctions for over $8 million O'NEILL, NE (NET Radio) - If you weren't in northeast Nebraska on Wednesday you missed the chance of a lifetime. An historic piece of ranchland was auctioned to the highest bidder. Over 10,600 acres in all, the famed Lee Ranch - owned by the family for 104 years - was sold to an out-of-state buyer. © Copyright 2013, NET Radio