$27,900
Sold

1 Township 27, Range 43

Lamar, CO 81052
Listing OfficeMB Eisenhard Realty Group
Type:Purchase
Structure:Land
Zone:Residential

Description

Over 5.5% annual return! Raw vacant land located northeast of Springfield and southeast of Lamar in Eastern Colorado. Exact location is just west of the intersection of County Roads B and 28, Prowers County, with all 47+ acres lying on the south side of County Road B. Mineral rights will be transfered to new owner upon sale. CRP income paying at a rate of $1671 per year, contract expires 9/30/2023. No water on the property, electric is on the road. Hunting opportunities consist of upland birds, deer, antelope, coyote, rabbits, varmits, etc. Post CRP contract possibilities include building your dream home in the country, subdivide and build, breaking into farm ground and leasing to area farmer/ranchers, the options are endless. This area is currently being targeted by wind producers and there is the possibility of wind turbine income at a future date.

Location

CHERRY POINT PROPERTIESReal Estate Professional – Serving the Denver area for the Past 25 years