Meta box data not saving

Have you noted that you are verifing that the post type is a page and that user can edit pages and posts?

if ( 'page' == $_POST['post_type'] ) {
    if ( !current_user_can( 'edit_page', $post_id ) )
        return;
} else {
    if ( !current_user_can( 'edit_post', $post_id ) )
        return;
}

It should be:

if ( 'ranch' == $_POST['post_type'] ) {
    if ( !current_user_can( 'edit_post', $post_id ) )
        return;
} else {
    if ( !current_user_can( 'edit_post', $post_id ) )
        return;
}

Note: by default standard post capabilities are assigned to custom post types. If you have changed this, you must adjust current_user_can( 'edit_post', $post_id ) width correct capability.

Plus, you may want to fill the meta box input with previous value:

function ranch_location_meta_content( $post ) {

    $previous_value = get_post_meta( $post->ID, 'ranch_location', true );
    wp_nonce_field( plugin_basename( __FILE__ ), 'ranch_location_meta_content_nonce' );
    echo '<label for="ranch_location"></label>';
    echo '<input value="'.$previous_value.'" type="text" id="ranch_location" name="ranch_location"     placeholder="Enter  Ranch Location Here" />';

}

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