FOR SALE 1,875.57AC FOR $1,970,000 per ACRE or $1,050/ac 29Mi NE of Byers – CRP / Grazing / Wind Income
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 and all material for erecting a third 10,000 bushel bin stored in the quonset.
PRICE: $1,970,000 or $1,050 per acre. No owner carry. Potential private financing depending upon terms.
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 Owner is receiving $20,306.00 annual cash rent however it could be withdrawn for farming or grazing by paying a penalty of approximately $29,000.00.
PASTURE /WIND: 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.
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.
MINERALS: Property includes 100% minerals on section 22 pending on offer.
TAXES: 2025 taxes are $4,205 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.
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