Genoa, CO 80818,562.57 Acres - Lincoln County
$550,000
$550,000
Est.Price: ?

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562.57 Acres Lot

562.57 Acres - Lincoln County Genoa, CO 80818

Est. payment /mo
SOLD DATE : 12/15/2023

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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 false

Originating Board REcolorado

Annual Tax Amount $1,544

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

Area Out Of Area

Zoning AG

Exterior

Waterfront false

Building

New Construction false

Schools

School District Genoa-Hugo C-113

Others

Senior Community false

Special Listing Condition Private Owner

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Information and Real Estate Services (IRES)
Listed by janae@gordonregroup.com,719-349-0423

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Jerid Wempen

Broker

+1(720) 297-4020

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