ACREAGE: 1,920 +/- 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.
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 Owner is receiving $20,306.00 annual cash rent however it could be withdrawn for farming or grazing by paying a penalty of approximately $26,000.00.
PASTURE RENT: Owner has historically leased the 295 acres grass and 212 acres creek bottom for approx. $4,000 per year depending on rainfall however it is not leased this year due to the extreme drought conditions.
WIND INCOME: The Property is leased to NextEra Energy for a period of 8 years 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 NW1/4 SW1/4 of Section 22 drilled in August of 2014 is 40 feet deep and producing good stock water. Additional wells would run about $15,000 per well.
MINERALS: Property includes minerals if full price offer, otherwise minerals are negotiable.
TAXES: 2021 taxes are $4,738 or $2.47 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.
Lot & Building Features
SewerSeptic, Septic Tank
Tax Year2021
WaterWell
LotMineral Rights Included, Gas/Oil Included
Price History of 97240 E 96th Avenue, Fort Morgan, CO
Date
Name
Price
Difference
03/28/2023
Price Adjustment
$1,625,000
6.61%
07/29/2022
Listing Price
$1,740,000
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
97240 E 96th Avenue (MLS #4296525) is a lot/land listing located in Fort Morgan, CO.
This is a lot/land listing with a lot of 83,635,200 sqft (or 1,920.00 acres). This property was listed on 07/29/2022 and has been priced for sale at $1,625,000.
Nearby zip codes are 80103. This property neighbors other cities such as Byers.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Listing information courtesy of: Colorado Land Realty