Great Investment Opportunity!! Gross return of 6.29% from day one of purchase! This farm ground is fallowed and part of the Non-permanent CRP. It will be participating in the CRP for 12 more years. After its participation in the Non-permanent CRP, the farm ground IS farmable again. This ground is a member of the Farmer's Union and has 1 share of the water right. This water right is worth approximately 100 Acre Feet of water in Sub-District 1 (actual surface water credit volume is based on a rolling 5 year average of diversion and as measured by the Department of Natural Resource Division of Water Resources). The value of the yearly cash payback as a member of the Non-permanent CRP plus the value of the surface water credit yields roughly $50k return per year. After the 12 year period of CRP the farm may be operational again with full use of the Irrigation system. The ground is offered for sale with a Lockwood pivot sprinkler. Well permit numbers are 51170-, 24732-F, 17438-F.
Off market
$329,700
4200 Lane N #8, Mosca, CO 81146
0beds
0baths
--sqft
Farm
Built in ----
156 Acres lot
$329,700 Zestimate®
$--/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 0
Property
Lot
- Size: 156 Acres
- Features: Irrigated
- Residential vegetation: Brush, Sagebrush
Details
- Parcel number: 500923300100
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Farm
Utilities & green energy
- Water: Well
Community & neighborhood
Location
- Region: Mosca
Other
Other facts
- Originating System Name: REcolorado (ROCC)
- Property Sub Type: Farm
- Property Type: Farm
- View: Mountain(s), Valley
- Water Source: Well
- Mls Status: Active
- Road Surface Type: Gravel
- Vegetation: Brush, Sagebrush
- Lot Features: Irrigated
- Irrigation Source: Sprinkler-Pivot
- Lot Size Acres: 156.00
- Road surface type: Gravel
Services availability

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