Ramah, CO 80832,00001 County Road 149
Ramah, CO 80832,00001 County Road 149
Ramah, CO 80832,00001 County Road 149
17
$710,505
$780,000
8.9%
Est.Price: ?

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800 Sqft Lot

00001 County Road 149 Ramah, CO 80832

Est. payment /mo
SOLD DATE : 10/07/2022

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Key Details

Sold Price $710,505

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 6343362

Sold Date 10/07/22

HOA Y/N No

Originating Board recolorado

Annual Tax Amount $1,745

Tax Year 2021

Lot Size 800 Sqft

Acres 800.0

Property Description

Investment 800 acres with 764.5 acres enrolled in CRP. The contract expires October 2022. The seller has been approved for re-enrollment for a new 10 year contract. As CRP, the property is a great passive investment property and will preserve wealth in uncertain times. All contiguous property with 764.5 acres CRP, the balance native grassland. The terrain is gently sloping to level. Great views to the west of Pikes Peak and 360 degree views of the surrounding countryside. Electrical service adjoins the property. The property has a couple of old homesteads areas. The property’s established CRP grasses attract numerous wildlife species and birds. Species include Mule Deer, Pronghorn, Coyote, Fox, and Dove. Options after the fall of 2023, the property has the potential to either be re-enrolled in the CRP program, broke out and farmed (with rapidly rising commodity prices) or grazed. The property has class 4 Soils. CRP contracts with 291.8 acres at $28.56 and 472.7 acres at $25.63 per acre per year makes for a great passive income wealth preservation property. Located in southeast Elbert County, the area is a mix of farms, ranches and rural residential. The climate is mild and moisture averages 14 inches per year. The property is located 53 miles east of Colorado Springs and about an hour and a half from Denver Metro. It’s located between the communities of Rush, Simla and Matheson Colorado. Limon is 32 miles to the northeast and has farm stores, groceries, fuel, discount stores, hotels and restaurants.

Location

State CO

County Elbert

Zoning A

Interior

Fireplace N

Exterior

Fence Partial

Utilities Available Electricity To Lot Line

View Meadow, Mountain(s), Plains

Garage No

Building

Lot Description Level, Meadow, Open Space, Rolling Slope, Secluded, Subdividable, Suitable For Grazing

Schools

School District Simla (Big Sandy 100-J)

Others

Ownership Individual

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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REColorado (REColorado MLS)
Listed by HAYDEN OUTDOORS LLC
Bought with Williams Ranch Group Llc

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Jerid Wempen

Broker

+1(720) 297-4020

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