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CR 59 Yuma, CO 80759
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Key Details
Sold Price $120,000
Property Type Single Family Home
Sub Type Farm
Listing Status Sold
Purchase Type For Sale
MLS Listing ID IR997412
Sold Date 03/25/24
HOA Y/N No
Originating Board recolorado
Annual Tax Amount $268
Tax Year 2022
Lot Size 119.090 Acres
Acres 119.09
Property Description
119 acres of flat farmland in Yuma, located only one hour East of Fort Morgan. USDA Conservation Reserve Program (CRP) contract from 10/1/2016 t0 9/30/2026 @ $4,297 per year (7.6% cash on cash return with the remaining contract term). Of the total property acreage, 81.52 acres is leased to CRP for the term and pricing listed. Obligations of the CRP contract are for simple weed control. There are no leases or hunting rights currently reserved by any parties and no improvements or water rights on the property. Once the CRP contract is fulfilled, this parcel could be a great place to build your forever home or a nice piece to add to your farming portfolio.
Location
State CO
County Yuma
Zoning AG
Interior
Fireplace N
Building
Lot Description Level
Schools
Elementary Schools Other
Middle Schools Other
High Schools Other
School District Yuma 1
Others
Ownership Individual
Acceptable Financing Cash
Listing Terms Cash
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Bought with CO-OP Non-IRES
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