97240 E 96th Avenue, Fort Morgan, CO 80701
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97240 E 96th Avenue,Fort Morgan, CO 80701
$1,970,000
- 1875.57 Acres
- Lots / Land
- Active
Listed by: frank linnebur303-748-7028
Office: colorado land realty
MLS#:9601415
Source:ML
Price summary
- Price:$1,970,000
About this home
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 Owner is receiving $20,306.00 annual cash rent however it could be withdrawn for farming or grazing by paying a penalty of approximately $29,000.00.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 INCOME 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.
WIND RENT: 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 $4,507 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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Home facts
- Listing ID #:9601415
Structure and exterior
- Lot area:1875.57 Acres
Utilities
- Water:Private, Well
- Sewer:Septic Tank
Finances and disclosures
- Price:$1,970,000
- Tax amount:$4,507 (2024)
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