$215,000
$135,000
59.3%For more information regarding the value of a property, please contact us for a free consultation.
156 Acres - along State Road 71 Limon, CO 80828
156.52 Acres Lot
Key Details
Sold Price $215,000
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Subdivision Limon
MLS Listing ID IRE8869097
Annual Tax Amount $700
Tax Year 2024
Lot Size 156.520 Acres
Property Sub-Type Unimproved Land
Property Description
156.52 Acres of CRP Ground - Income-Producing Investment Opportunity
This property consists of 156.52 total acres per FSA maps, with 149.60 acres currently enrolled in the Conservation Reserve Program (CRP) under a single contract. The CRP contract provides a strong annual rental rate of $38.11 per acre, generating reliable income through September 30, 2032. This well-maintained CRP tract presents an excellent opportunity for investors or landowners seeking consistent annual returns with minimal management, while benefiting from established conservation practices. With convenient state highway access, the property is easily accessible and well-positioned for long-term ownership. Whether you are expanding your land portfolio or looking for a low-maintenance, income-producing asset, this property deserves serious consideration.
* The purchase price and listing do not include any wind tower income/lease agreement. Seller is willing to discuss selling the wind tower lease for additional cost.
Location
State CO
County Lincoln
Community Limon
Area Out Of Area
Zoning AG
Exterior
Parking Features None
View Y/N No
Building
Sewer None
Water None
New Construction false
Schools
High Schools Limon Re-4J
School District Limon Re-4J
Others
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Special Listing Condition Private Owner
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