Quality Cropland With Wind Development Lease And High ROI
Media
Summary
Property
- Type
- Farms, Recreational Land, Undeveloped Land, Hunting Land
- Road Frontage
- County Road
- Road Surface
- Gravel
Land Details
- Tillable
Approximate Distances
16 mi | to Walsh |
29 mi | to Springfield |
42 mi | to Lamar |
80 mi | to La Junta |
139 mi | to Pueblo |
208 mi | to Denver |
Utilities
Electric: | Nearby |
Features/Improvements
- Small Game
- Big Game
- Upland Game
- Predators
Description
PRICE REDUCED! Very productive tract of farmland that is turn-key ready for the farmer looking to add to an existing operation or an investor looking to add to their portfolio. With mostly Class 3 silt loam soils and relatively flat contours, you can expect this property to produce yields of Wheat, Milo, Corn, or Millet. Currently, all the acreage is in 2023 Milo Stubble and is subject to tenant rights. Currently, there is a 5 year cash lease on the cropland, paying $11,410 annually through 2028. The entire acreage has been enrolled in a Wind Development Lease expiring in 2031 for additional annual income. County Road VV frontage on the north side of the property allows for easy access and is only a half mile from Paved State Highway 89. Hunting opportunities include deer, pronghorn, and small game. Please contact the Land Specialist for more information about this great investment opportunity.
Details
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Legal - W2 SEC15 T28S R42W
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Mostly level class III soils
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Cash Lease on tillable acres
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Wind development lease
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Good county road frontage
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Low taxes
Area Info
Other
Coordinates
37.6153, -102.142
The information contained herein is deemed reliable but is not warranted or guaranteed by the Broker, its Agents, or the Seller. Access to property, access to utilities, or any measurements including but not limited to, acreage, square footage, frontage, and mapping boundary lines shared herein has not been independently verified and is for purposes of marketing only. If exact measurements, access to property, or access to utilities is a concern, the property should be independently measured or investigated by the prospective buyer.
Buyer’s agents must be identified on the first contact with Broker/Agents and must accompany the buyer on showings to receive full fee participation. Otherwise, the fee participation will be at the sole discretion of the seller, broker, and Whitetail Properties Real Estate, LLC.