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97240 EAST 96TH AVENUE Grv - Candy 1920 sale 1,875 Acres of Agricultural Land Offered at $1,970,000 in Fort Morgan, CO 80701



INVESTMENT HIGHLIGHTS
- Large contiguous acreage
- Good cash flow from CRP, pasture, hunting and renewalbe energy (wind) leases for investors. Otherwise, the Property can be owner operated.
- 2 good domestic /stock wells
EXECUTIVE SUMMARY
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $1,970,000 | Lot Size | 1,875.00 AC |
| Price Per AC | $1,050.67 |
| Price | $1,970,000 |
| Price Per AC | $1,050.67 |
| Lot Size | 1,875.00 AC |
1,875,75 ACRES GRASSLAND 25 MILES NE OF BYERS CO 29 MILES S OF FORT MORGAN—$39,862 ANNUAL INCOME.
DESCRIPTION
ADDRESS: 97240 E 96th Avenue, Fort Margan CO 80701. From Shamrock CO go 1 mile S on Shamrock Mile Rd and 1 & 1/2 mile West to entrance (tire on post and Colorado Land Realty sign). 25 miles NE of Byers and 29 miles miles S of Fort Morgan. LOCATION: From Byers CO go North on US Hwy 36 1&1/2 miles and follow Hwy 36 as curves East then continue East for another 11 miles to Hanks Crossing Rd then go North 9 miles to 96th Ave then go East 8 miles to the Property entrance on the South side. Watch for tire on post and Colorado Land Realty sign. LEGAL: All of Sections 22, 23, and 27, Township 2 South, Range 58 West of the 6th PM County of Adams. ACREAGE: 1.875.57 +/- Total Acres (per Adams County Assessor) there is no current survey of the Property. 1,413.10 acres is enrolled into the Conservation Reserve Program (CRP), 295 +/- acres is fenced for pasture and 212 +/- acres in the creek bottom is cut for hay.. IMPROVEMENTS: 40’ x 70’ round top quonset with cement floor. 2-10,000 bushel grain bins with cement cones, new cement bottom, tank solar well and panel, and 3 miles of new barbed fence PRICE: $1,970,000 or $1,050 per acre. No owner carry. Annual lease income of $39,862,20. CRP INCOME: Property is enrolled in the Conservation Reserve Program (expiring 9/30/2030) paying $20,306.00 anually rent however it could be withdrawn for farming or grazing by paying a PASTURE & Pasture & Hunting Lease Rent: Annuol cosh leose rent of S13,305.00 consisting of grozing lease rent of $I3.00 per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 tower at an annual lease payment of $5,760 thru 2027 increasing to $9,600.00 per year thru 2030. If devel oped, 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. MINERALS: Property includes all mineral rights (potentially 100% minerals on section 22) pending on the amount of the 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. Broker is a Transaction (neutral) Broker. Not a Seller's agent.
Presented by
Colorado Land Realty
97240 EAST 96TH AVENUE Grv - Candy 1920 sale
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