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562.57 Acres - Lincoln County Genoa, CO 80818
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Key Details
Sold Price $550,000
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 9843745
Sold Date 12/15/23
HOA Y/N No
Originating Board recolorado
Annual Tax Amount $1,544
Tax Year 2022
Lot Size 562.570 Acres
Acres 562.57
Property Description
Great investment opportunity! This is a rare find that doesn't change hands often! Total acres available is 562.57+/- acres with 53.4+/-acres in grassland and 509.17+/- acres in CRP. Wonderful revenue off of the CRP Contracts. Two CRP contracts are in place with $39.14/acre expiring on 9/30/2031. Annual CRP payment is $19,928.91/year. In addition to the CRP income, this property also has revenue from two windtowers. Each wind tower produced approximaitely $5000/wind tower/year for an additional $10,000 of income revenue that this parcel generates. For more income about this property please call Jana Ewing at (719) 349-0423.
Location
State CO
County Lincoln
Zoning AG
Interior
Fireplace N
Exterior
Fence None
Garage No
Schools
School District Genoa-Hugo C-113
Others
Ownership Individual
Acceptable Financing 1031 Exchange, Cash, Conventional, Farm Service Agency
Listing Terms 1031 Exchange, Cash, Conventional, Farm Service Agency
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Whitetail Properties Real Estate LLC
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