$198,000
160± Acres
New Listing
Yuma County, Colorado

Quarter of Cropland with Cash Lease Income

ID: 84343
Status: New Listing
Price: $198,000
Acres: 160
Price Per Acre: $1,238
Type: Farms, Hunting Land, Recreational Land, Undeveloped Land
Address: TBD County Road Y
City, State: Vernon, Colorado
County: Yuma
Zip Code: 80755
Lat/Long: 39.9837, -102.393
Presented By: Daniel Hunning

Description

Parcel of productive cropland that is turn-key ready for the farmer looking to add to an existing operation or an investor looking to add to their portfolio. Consisting of mostly Manter Sandy Loam 2 to 5 percent slope (Class 4e) & Kuma Keith Silt Loams (Class 2c) soils the cropland has a good yield history.   Crops grown on the property and in the area include Wheat, Feed, Milo, Millet, or Corn.  Currently, all of the tillable acreage is subject to tenant rights under a verbal $46 per tillable acre cash lease agreement with talks of possibly increasing the rate to $50 per tillable acre for the 2026 crop year.  There is an established shelter belt and plum thicket in the Southeast corner offering wildlife habitat & hunting opportunities.  Several pheasants were flushed up while taking listing pictures in the Southeast corner.  The property is located just a short distance from the North Fork Republican River which is known for its trophy deer in area.   An older windmill with a registered well permit could be restored providing an ample water source for local wildlife and an ideal spot for a hunting blind location.  The property has a recorded easement that allows access from the maintained county road to the south.  FSA information is available upon request.  Surface Rights Only.   Please contact the local Land Professional for questions or to schedule a showing.

Property Details:

  • Located Southwest of Wray, Colorado
  • Legal Description SEC10 T1S R45W NE4
  • Approximately 151 acres of Tillable Cropland
  • Roughly $6,946 of Annual Income
  • Over 3.5% ROI Based on Asking Before Taxes
  • Recorded Access Easement to the Southeast Corner
  • Low Taxes

When purchasing a property listed by Great Plains Land Company, a Buyer's Broker, if applicable, must be identified on first contact and present at the initial showing of the property to participate in a real estate commission. If these conditions are not met, compensation if any will be at the sole discretion of Great Plains Land Company.

Additional Details

Additional Info

Wildlife: Big Game, Dove, Mule Deer, Other, Pheasants, Small Game, Whitetail Deer
Recreation: Hunting
Fencing: Partial
Road Type: Dirt
Road Frontage: Easement
Current Use: Agricultural
Possible Use: Agricultural, Hunting, Recreational

Financial

Tax ID: R125167
Taxes (annually): $123
Tax Year: 2024
Legal Description:

SEC10 T1S R45W NE4

Ask Daniel About This Property

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