$550,000
$550,000
For more information regarding the value of a property, please contact us for a free consultation.
562.57 Acres - Lincoln County Genoa, CO 80818
562.57 Acres Lot
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
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2024 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Whitetail Properties Real Estate LLC