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Meinzer Farm Land AuctionSuccessful Auction

Details

Tuesday, May 13, 2014 @10:30 am MT
Washington County Event Center, Akron, CO
2,984 +/- Acres Dryland - CRP & Improvements - Washington and Kit Carson Counties, Colorado

Description

Auction Location Map:
Washington County Event Center - Akron CO

SUCCESSFUL AUCTION! High Bid on Single Unit: $3,840,000. $1,286 per acre.

See Color Brochure, Visual Tour, Google Map and Digital Brochure below Quick Facts...

Bob & Cheryl Meinzer of Meinzer Farms are offering their 2,984 +/- acres of Colorado land for sale at auction. Located in south central Washington County, Colorado and NW Kit Carson County, Colorado, the Meinzer property includes 1,931.8 +/- acres of dryland, 55 +/- acres pivot irrigated, 829.2 +/- acres CRP, and 111.4 +/- acre improvement site & pasture. The Meinzer properties are located in an area 9 mi S, 5 miles SE of Anton, CO or 19 +/- miles N of Flagler, CO. The Buyer(s) to receive the landlord share of 967.5 +/- acres of growing wheat. The Buyer(s) to receive possession of the 1,019.3 +/- acres of summerfallow after the auction. Three CRP contracts expire in 2016 with annual payments ranging from $31.34/ac to $34.44/ac to $36.90/ac. The October 2014 CRP payment to be prorated to day of closing. Seller to reserve 50% of owned mineral rights for 10 years. The improvement site includes a beautiful 4 bedroom, 2 bath brick home with manicured yard & landscaping, machine shed, and mature windbreak. The Meinzer property to be offered for sale in 9 Parcels, 3 Combos, Dryland Unit, CRP Unit, & Single Unit. The Multi Parcel Auction bidding format allows all bidders an opportunity to participate and purchase dryland and CRP with parcel and combo sizes ranging from 160 acres to 1,280 acres and the Dryland, CRP, & Single Unit sizes ranging from 2,080 to 2,932 acres. A portion of the Meinzer property has been owned by the family for over 65 years. The Meinzers take great pride in their property beginning with how they maintain the improvements, to their husbandry practices and their fertilizer and weed control program, thus resulting in a consistent and above average production history. Seldom does the opportunity become available in this area to add to or expand your operation with lands in such good condition, and once sold, may never again be publicly offered for sale.

PARCEL #1: DRYLAND – 325.6 +/- dryland acres; Legal: W½ of 25, T5S, R53W, Washington County, Colorado; Location: From Anton, Colorado, 9 mi S, 3 mi W, 1 mi S to NW corner of the property; CR Z borders west property line; 165.6 +/- acres summerfallow, 160 +/- acres planted to wheat; FSA base: 312.8 acres wheat w/32 bu, 12.8 acres oat w/18 bu; R/E Taxes: $313.74.

PARCEL #2A: DRYLAND – 490.4 +/- dryland acres; Legal: N½ & SW¼ of 5, T5S, R51W, Washington County, Colorado; Location: From Anton, Colorado, 7 mi S, 5 mi E to SW corner of the property; CR HH borders west property line; 250.4 +/- acres summerfallow, 240 +/- acres planted to wheat; FSA base: 396.1 acres wheat w/27 bu, 16.9 acres barley w/26 bu; R/E Taxes: $451.28.

PARCEL #2B: DRYLAND – 320.0 +/- dryland acres; Legal: N½ of 8, T5S, R51W, Washington County, Colorado; Location: From Anton, Colorado, 7 mi S, 5 mi E to NW corner of the property; CR HH borders west property line; 160 +/- acres summerfallow, 160 +/- acres planted to wheat; FSA base: 258.5 acres wheat w/ 27 bu, 11 acres barley w/26 bu; R/E Taxes: $294.45.

PARCEL #2C: DRYLAND – 486.6 +/- dryland acres; Legal: S½ of 8 & SW¼ of 9, T5S,R51W, Washington County, Colorado; Location: From Anton, Colorado, 7 mi S, 5 mi E, ½ mi S to NW corner of the property; CR HH borders west property line, CR 4 borders the south property line; 246.6 +/- acres summerfallow, 240 +/- acres planted to wheat; FSA base: 393.1 acres wheat w/ 27 bu, 16.7 acres barley w/26 bu; R/E Taxes: $447.90.

COMBO #2 (PARCELS #2A, #2B & #2C): DRYLAND – 1,297.0 +/- dryland acres; 657.0 +/- acres summerfallow, 640.0 +/- acres planted to wheat; FSA base: 1,047.7 acres wheat, 44.6 acres barley. R/E Taxes: $1,193.63.

PARCEL #3A: DRYLAND, PIVOT IRR, PASTURE & IMPROVEMENTS – 328.9 +/- total acres; 162.5 +/- acres dryland, 55.0 +/- acres pivot irrigated, 7.0 +/- acres  improvement site; 104.4 +/- acres pasture; Legal: SW¼ of 25 & NW¼ of 36, T5S,R52W, Washington County, Colorado; Location: From Anton, Colorado, 9 mi S, 3 mi E, 1½ mi S to NW corner of the property; CR FF borders west property line; Irrigation well permit: 13516-FP to irrigate 100 acres for 250 acre feet; 7 tower Reinke pivot w/20 US Electric motor; Improvements include: 3,316 sq ft, 4 bedroom, 2 bath brick home including basement and Lennox AC and heating system, manicured yard & landscaping with a 16 station sprinkler system, mature windbreak, & 40’ x 80’ quonset building; 130 +/- acres summerfallow, 87.5 +/- acres planted to wheat; FSA base: 217.5 acres wheat w/34 bu; R/E Taxes: $901.54.

PARCEL #3B: DRYLAND – 157.8 +/- total acres; 146.7 +/- acres dryland, 11.1 +/- acres waste; Legal: SE¼ of 26, T5S, R52W, Washington County, Colorado; Location: From Anton, Colorado, 9 mi S, 3 mi E, 1½ mi S to NE corner of the property; CR FF borders east property line; 66.7 +/- acres summerfallow, 80.0 +/- acres planted to wheat; FSA base: 96.6 acres wheat w/30 bu; R/E Taxes: $137.72.

COMBO #3 (PARCELS #3A & #3B): DRYLAND, PIVOT IRR, PASTURE & IMPROVEMENTS – 486.7 +/- total acres; 309.2 +/- acres dryland, 55.0 +/- acres pivot irrigated, 7.0 +/- acres improvement site; 104.4 +/- acres pasture; 196.7 +/- acres summerfallow, 167.5 +/- acres planted to wheat; FSA base: 314.1 acres wheat, R/E Taxes: $1039.26; SEE PARCEL #3A FOR DESCRIPTION OF IMPROVEMENTS & IRRIGATION.

DRYLAND UNIT (PARCELS #1, #2A, #2B, #2C, #3A & #3B): DRYLAND, PIVOT IRR, PASTURE & IMPROVEMENTS – 2,111.1+/- total acres; 1,931.8+/- acres dryland, 55.0 +/- acres pivot irrigated, 7.0 +/- acres improvement site; 104.4 +/- acres pasture; 1,019.3 +/- acres summerfallow, 967.5 +/- acres planted to wheat; FSA base: 1,674.6 acres wheat, R/E Taxes: $2,546.63; SEE PARCEL #3A FOR DESCRIPTION OF IMPROVEMENTS & IRRIGATION.

PARCEL #4A: CRP – 325.0 +/- ac CRP; Legal: E½ of 7, T6S, R51W, Kit Carson County, CO; Location: From Anton, Colorado, 9 mi S, 3 mi E, 3 mi S, ½ mi E, 1 mi S, ½ mi E to NW corner of the property; CRP contract #2082A w/annual payment of $11,193 @ $34.44/acre; Contract expires 9/30/2016; R/E taxes: $568.28.

PARCEL #4B: CRP – 386.8 +/- total ac; 342.6 +/- ac CRP; 44.2 +/- ac waste; Legal: W½ & 52 acre tract of 8, T6S, R51W, Kit Carson County, CO; Location: From Anton, Colorado, 9 mi S, 3 mi E, 3 mi S, ½ mi E, 1 mi S,1 mi E to NW corner of the property; CRP contract #2080B w/annual payment of $12,642 @ $36.90/acre; Contract expires 9/30/2016; R/E taxes: $432.76.

COMBO #4: (PARCELS #4A & #4B) – 711.8 +/- total ac; 667.6 +/- ac CRP, 44.2 +/- ac waste; 2 CRP contracts w/annual payments of $23,835; Contracts expire  9/30/2016; R/E taxes: $1,001.04.

PARCEL #5: CRP – 161.6 +/- ac CRP; Legal: NW1/4 of 10, T6S, R51W, Kit Carson County, CO; Location: From Anton, Colorado, 9 mi S, 3 mi E, 3 mi S, ½ mi E, 1 mi S, 3 mi E to NW corner of the property; CRP contract #2081A w/annual payment of $5,065 @ $31.34/acre; Contract expires 9/30/2016; R/E taxes: $282.48.

CRP UNIT (PARCEL #4A, #4B & #5) – 873.4 +/- total ac, 829.2 +/- ac CRP, 44.2 +/- ac waste; 3 CRP contracts w/annual payments of $28,900; Contracts expire  9/30/2016; R/E taxes: $1,283.52.

SINGLE UNIT (PARCELS #1, #2A, #2B, #2C, #3A, #3B,#4A, #4B & #5): DRYLAND, CRP, PIVOT IRR, PASTURE, & IMPROVEMENTS – 2,984.5 +/- total acres; 1,931.8 +/- acres dryland, 829.2 +/- acres CRP, 55.0 +/- acres pivot irrigated, 7.0 +/- acres improvement site; 104.4 +/- acres pasture, 57.1 +/- acres waste; 1,019.3 +/- acres summerfallow, 967.5 +/- acres planted to wheat; FSA base: 1,674.6 acres wheat, 44.6 acres barley, 12.8 acres oat; 3,316 +/- sq ft, 4 bedroom, 2 bath brick home, 40’ x 80’ quonset building, 7 tower Reinke pivot, 20 HP electric motor; 3 CRP contracts with $28,900 annual payments; R/E Taxes: $3,830.15.

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Land Auction- SOLD $3,840,000

Quick Facts

  • Meinzer Farms Land Auction w/reserve
  • SUCCESSFUL AUCTION! High Bid on Single Unit: $3,840,000. $1,286 per acre.
  • 2,984 +/- Ac DRYLAND - CRP - IMPROVEMENTS
  • WASHINGTON & KIT CARSON COUNTIES, CO
  • 1,986.7 +/- ac Dryland
  • Dryland in S Washington Cty, CO
  • 829 +/- ac CRP
  • CRP in NW Kit Carson Cty, CO
  • 111.40 +/- ac Grass
  • 9 mi S, 5 mi SE of Anton, CO
  • 10 +/- ac Imprs
  • 19 +/- mi N of Flagler, CO
  • L/L wheat to Buyer
  • 50% minerals reserved 10 yrs
  • 2014 possession of summerfallow
  • Excellent production history
  • Beautiful 4 bedroom, 2 bath home