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$264,650
Est. payment /mo
395 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Improved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 8110608
HOA Y/N No
Annual Tax Amount $116
Tax Year 2024
Lot Size 395.000 Acres
Acres 395.0
Property Sub-Type Improved 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
Zoning Agriculture
Interior
Fireplace N
Exterior
Garage No
Building
Sewer Community Sewer
Water Private
Schools
School District Karval Re-23
Others
Ownership Individual
Acceptable Financing Cash, Conventional, USDA Loan, VA Loan
Listing Terms Cash, Conventional, USDA Loan, VA Loan
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Gordon Real Estate Group
Learn More About LPT Realty
Cesar Peña
Real Estate Advisor | License ID: FA.100097076
Real Estate Advisor License ID: FA.100097076