Weld County CRP

Weld County, CO 1,430± Acres

Overview

Overview

This property is sold

Here is an opportunity to acquire a large tract of CRP and grass in Weld County near Briggsdale, CO. Portions of the property could easily be split for rural home sites with good county road access and electricity along the road. The CRP contracts provide a reliable return on investment with minimal management required. There are 6 different contracts; 5 contracts extend through September 2030. Seller to convey 50% of OWNED mineral rights (reserving the other 50% for 30 years).

Location

  • Weld County, CO
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Quick Facts

  • Weld County CRP
  • Located 12ׅ± miles southeast of Briggsdale, CO
  • Access along WCR 74 & WCR 87
  • 1,430± total acres
  • 1,210.8± acres enrolled in CRP - 6 contracts
  • Potential for land division for rural home sites
  • Total annual payments of $21,147
  • 2021 R/E Taxes: $1,762.62
  • Seller to reserve 50% of OWNED mineral rights for a period of 30 years.
  • Asking: $1,310,000

Property Details

Property Details

This property is sold

Legal Description

Township 7 North, Range 61 West of the 6th P.M., Weld County, CO: Section 20: S1/2SE1/4; Section 21: S1/2SW1/4; Section 28: W1/2; Section 29: E1/2; Section 32: All

Directions

From CO 392 south of Briggsdale: take WCR 74 east 9± miles to the southeast corner of the property (intersection of WCR 74 & WCR 87).

Acreages

1,210.8± Acres CRP

   219.2± Acres Grass/Roads

1,430.0± Acres Total

CRP Information

Contract #10471C: 28.35 acres @ $33.63/ac ($953/yr), expires 9/30/23; #11157: 43.57 acres @19.54/ac ($851/yr), expires 9/30/30; #11158: 46.76 acres @ 19.86/ac ($929/yr), expires 9/30/30; #11159: 259.80 acres @ $16.00/ac ($4,157/yr), expires 9/30/30; #11160: 273.49 acres @ $17.25/ac ($4,718/yr), expires 9/30/30; #11161: 558.81 acres @ 17.07/ac ($9,539/yr), expires 9/30/30. TOTAL ANNUAL CRP PAYMENTS: $21,147

Mineral Rights

Seller to reserve 50% of any OWNED mineral rights for a period of 30 years.

Real Estate Taxes

2021 real estate taxes were $1,762.62.

Asking Price

$1,310,000