CRP INCOME: Property is enrolled in the Conservation Reserve Program expiring 9/30/2030. Owner is receiving $20,306.00 annual cash rent however it could be withdrawn for farming or grazing by paying a penalty of approximately $113,000.00.
PASTURE INCOME Pasture & Hunting Lease Rent: Annuol cosh leose rent of S13,305.00 consisting of grozing cosh lease rent of $I3.00 per ocre on 295 ocres ond hunling cosh leose renl of $5.00 per ocre on 1,894 ocres.
WIND RENT: The Property is leased to NextEra Energy thru 9/21/30 for the potential of commercial wind towers at an annual lease payment year 1-5 is $3.00/acre or $5,760 and years 6-8 is $5.00/acre or $9,600.00 per year. If developed, potentially one tower per 160+/- acres paying $15,000 per year. Development of the project would allow for the CRP program, farming or grazing to continue.
WATER: Stock well 289177 located in the NW4SW4 of section 22 drilled in August of 2014 is 40 feet deep and producing good stock water. Domestioc /stock well 335857 in NE4NE4 of Section 22 drilled September of 2024 is 40 feet deep test pumped 10 gpm.
IMPROVEMENTS: Completer perimeter fence (3 miles new) and some cross fence around pasture portion. 1 older and 1 new stock /dometic well with cement bottom tank and solar panel and a 40’ x 70’ round top quonset with cement floor. 2-10,000 bushel grain bins with cement cones.
MINERALS: Property includes 100% minerals on section 22 pending on offer.
TAXES: 2025 taxes are $4,507 or $2.40 per acre.
NOTE: The information contained herein is reliable but not guaranteed by Seller or Broker. This offer is Subject to error, prior sale or withdrawal. Broker is a Transaction (neutral) Broker.
242 days
|
55
|
5
|
Zillow last checked:
Listing updated:
Listed by:
Frank Linnebur303-748-7028,
Colorado Land Realty
Source: REcolorado as distributed by MLS GRID,MLS#: 9601415
Facts & features
Property
Lot
Size: 1,875.57 Acres
Features: Meadow, Rolling Slope, Subdividable, Suitable For Grazing, Wetlands
Source: REcolorado as distributed by MLS GRID #9601415Report a problem
7/11/2024
Sold
$1,117,500-31.2%
Source: REcolorado as distributed by MLS GRID #4296525Report a problem
5/1/2024
Pending sale
$1,625,000
Source: REcolorado as distributed by MLS GRID #4296525Report a problem
11/16/2023
Listed for sale
$1,625,000
Source: REcolorado as distributed by MLS GRID #4296525Report a problem
10/21/2023
Pending sale
$1,625,000
Source: REcolorado as distributed by MLS GRID #4296525Report a problem
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Source: REcolorado as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.