$120,000
$140,000
14.3%For more information regarding the value of a property, please contact us for a free consultation.
119.09 Acres Lot
SOLD DATE : 03/25/2024
Key Details
Sold Price $120,000
Property Type Vacant Land
Sub Type Farm and Ranch
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 997412
Sold Date 03/25/24
HOA Y/N false
Originating Board IRES MLS
Annual Tax Amount $268
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
Area Yuma
Zoning AG
Direction From Highway 34 and CR 59 in Yuma, go North on CR 59 19.8 miles. Road curves East, then back North. CR 59 begins to turn East again where it intersects 57 and 59. Property is on NE intersection of CR 59+57+G.
Exterior
Waterfront false
Present Use Horses
Street Surface Dirt
Building
Lot Description Cows Allowed, Horses Allowed, Pigs Allowed, Buffalo Allowed, Llama Allowed, Goats Allowed, Sheep Allowed, Other Large Animals Allowed, Level, Abuts Farm Land
Sewer No Water/Sewer
Water No Water/Sewer, None
New Construction false
Schools
School District Yuma 1
Others
Senior Community false
Tax ID R518139
Special Listing Condition Private Owner
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