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$160,000
Est. payment /mo
160 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID IRE2269520
HOA Y/N No
Annual Tax Amount $285
Tax Year 2024
Lot Size 160.000 Acres
Acres 160.0
Property Sub-Type Unimproved Land
Source ires
Property Description
160 Acres of Income-Producing CRP Land in Elbert County, Colorado
Discover an exceptional investment opportunity in the heart of Colorado's eastern plains. This 160-acre property offers immediate income generation with minimal management required.
Location & Access: Conveniently situated just 10 minutes from Matheson and 15 minutes from Limon, this property provides easy access to nearby communities while maintaining the character of rural Colorado.
Income-Producing Asset: The entire 160 acres are currently enrolled in the Conservation Reserve Program (CRP) through 2030, providing a reliable annual payment of $3,206 ($20/acre). This hands-off income stream makes it an ideal investment for those seeking passive returns from agricultural land. Mid-contract management has already been completed, resulting in significant cost savings for the next owner.
Recreation & Wildlife: The property offers hunting opportunities for deer, antelope, and small game. With its CRP enrollment providing quality habitat, wildlife thrives on this land. The property is likely eligible for Colorado's Landowner Preference Program, which can provide the new owner with additional hunting licenses (new owner must apply through Colorado Parks & Wildlife for confirmation).
The boundary lines shown in any photographs, aerial images, or maps associated with this listing are approximate and are intended for general reference purposes only. The information provided is believed to be reliable but is not guaranteed. Great Plains Land Company assumes no liability for errors or omissions. Buyers are encouraged to conduct their own due diligence.
Discover an exceptional investment opportunity in the heart of Colorado's eastern plains. This 160-acre property offers immediate income generation with minimal management required.
Location & Access: Conveniently situated just 10 minutes from Matheson and 15 minutes from Limon, this property provides easy access to nearby communities while maintaining the character of rural Colorado.
Income-Producing Asset: The entire 160 acres are currently enrolled in the Conservation Reserve Program (CRP) through 2030, providing a reliable annual payment of $3,206 ($20/acre). This hands-off income stream makes it an ideal investment for those seeking passive returns from agricultural land. Mid-contract management has already been completed, resulting in significant cost savings for the next owner.
Recreation & Wildlife: The property offers hunting opportunities for deer, antelope, and small game. With its CRP enrollment providing quality habitat, wildlife thrives on this land. The property is likely eligible for Colorado's Landowner Preference Program, which can provide the new owner with additional hunting licenses (new owner must apply through Colorado Parks & Wildlife for confirmation).
The boundary lines shown in any photographs, aerial images, or maps associated with this listing are approximate and are intended for general reference purposes only. The information provided is believed to be reliable but is not guaranteed. Great Plains Land Company assumes no liability for errors or omissions. Buyers are encouraged to conduct their own due diligence.
Location
State CO
County Elbert
Area Metro Denver
Zoning A
Exterior
Parking Features None
View Y/N Yes
View Mountain(s)
Garage No
Building
Lot Description Abuts Public Open Space
Sewer None
Water None
New Construction false
Schools
High Schools Limon Re-4J
School District Limon Re-4J
Others
Acceptable Financing Cash, Conventional, VA, 1031 Exchange, USDA Loan
Horse Property Horse(s) Allowed
Listing Terms Cash, Conventional, VA, 1031 Exchange, USDA Loan
Special Listing Condition Private Owner
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Listed by Ethan Janicki
Nearby Locations
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