Fort Morgan, CO 80107,97240 E 96th Avenue
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Fort Morgan, CO 80107,97240 E 96th Avenue
Fort Morgan, CO 80107,97240 E 96th Avenue
Fort Morgan, CO 80107,97240 E 96th Avenue
Fort Morgan, CO 80107,97240 E 96th Avenue
Cher Revolinski
Cher Revolinski

Realtor | License ID: FA100054233

+1(303) 884-2738

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$ 1,117,500

$ 1,625,000 31.2%

Est. payment /mo
Sold on 07/11/2024

97240 E 96th Avenue Fort Morgan, CO 80107

1,920 Acres Lot


UPDATED:

Key Details

Sold Price $1,117,500

Property Type Vacant Land

Sub Type Improved Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 4296525

Annual Tax Amount $4,738

Tax Year 2021

Lot Size 1920.000 Acres

Property Description

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 Owner is receiving $20,306.00 annual cash rent however it could be withdrawn for farming or grazing by paying a penalty of approximately $26,000.00.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.

Location

State CO

County Adams

Zoning A3 Agricultural

Building

Sewer Septic Tank

Water Well

Schools

School District Woodlin R-104

Others

Acceptable Financing 1031 Exchange, Cash, Conventional, Owner Will Carry, USDA Loan

Listing Terms 1031 Exchange, Cash, Conventional, Owner Will Carry, USDA Loan

Special Listing Condition None


REColorado (REColorado MLS)
Listed by Colorado Land Realty • [email protected],303-748-7028
Bought with Colorado Land Realty

Cher Revolinski

Realtor | License ID: FA100054233

+1(303) 884-2738

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.

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97240 E 96th Avenue