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$264,650
Est. payment /mo
395 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 8110608
HOA Y/N false
Annual Tax Amount $116
Lot Size 395.000 Acres
Acres 395.0
Property Sub-Type Unimproved Land
Source REcolorado
Property Description
395+/- Acres of Income-Producing CRP Ground with Additional Wind Lease.
Here's a solid opportunity to expand your land portfolio with this well-positioned 395+/- acre property, nearly all of which is enrolled in the Conservation Reserve Program (CRP). A total of 387.05+/- acres are under two CRP contracts, providing reliable annual income at an average rate of $24/acre. The contracts expire on 2030 and 2031. Adding further value, a wind lease on the property generates some additional income. The remaining 6+/- acres feature a cluster of mature trees, old outbuildings, electricity, and a permitted well (Permit #150569), offering potential for a small homestead or base of operations. The land is predominantly flat, making it easy to manage and navigate. With county roads completely surrounding the property, access is excellent from all directions. Whether you're an investor seeking dependable returns or a landowner looking to diversify, this is a well-maintained, income-generating property worth serious consideration.
Here's a solid opportunity to expand your land portfolio with this well-positioned 395+/- acre property, nearly all of which is enrolled in the Conservation Reserve Program (CRP). A total of 387.05+/- acres are under two CRP contracts, providing reliable annual income at an average rate of $24/acre. The contracts expire on 2030 and 2031. Adding further value, a wind lease on the property generates some additional income. The remaining 6+/- acres feature a cluster of mature trees, old outbuildings, electricity, and a permitted well (Permit #150569), offering potential for a small homestead or base of operations. The land is predominantly flat, making it easy to manage and navigate. With county roads completely surrounding the property, access is excellent from all directions. Whether you're an investor seeking dependable returns or a landowner looking to diversify, this is a well-maintained, income-generating property worth serious consideration.
Location
State CO
County Lincoln
Area Out Of Area
Zoning Agriculture
Building
Sewer Other Water/Sewer, Community
Water Other Water/Sewer
New Construction false
Schools
School District Karval Re-23
Others
Senior Community false
Special Listing Condition Private Owner
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Listed by Jana Ewing • Gordon Real Estate Group • janae@gordonregroup.com,719-349-0423