Aregood Family Ranch

$991,200

Property Details

  • County: Washington
  • Zip: 80720
  • Type: Farms, Hunting Land, Ranches
  • City: Lindon
  • Price: $991,200
  • Acres: 1,120
  • State/Zip: Colorado 80720
  • Status: Available

TALB Member:

Steven Williams | Broker

Williams Steven
×
  • This field is for validation purposes and should be left unchanged.



Property Description

1,120 +/- ACRE RANCH, WASHINGTON COUNTY, SOUTH OF THE TOWN OF LINDON, COLORADO

This beautiful income producing ranch is approximately 1,120 +/- acres. The ranch is bordered by County Road 9 along the North, and County Road 8 to the South. Over 656 acres are under the Conservation Reserve Program (CRP).

TERRAIN & WATER
The terrain is diverse, including rolling plains, drainage bottom and CRP grasslands. There are 2 older water wells. The first well is an old, inoperable, hand-dug well. The second well located near the stock tanks, southwest of the homestead, was tested in 2020 and reported 1.25 GPM. There are locations of drainage into seasonal stock tanks.

ROADS, PENS, FENCING & UTILITIES
County Roads to the ranch are dirt, county maintained. Two track trails run throughout the property. There is an older set of cattle pens with wood construction, and an older truck loadout chute located at the Northern edge of the ranch. The ranch is cross fenced to separate the grazing pasture from the CRP ground and the fencing is fair for cattle. Electric and telephone run along the Northern and Southern boundaries.

WILDLIFE
Aregood Family Ranch has not been hunted for years and boast a population of Antelope, Mule Deer, Dove and small game. This area has been known to produce large Mule Deer. There is dry cropland to the East and South of the property providing good forage.

STRUCTURES
There is an older ranch house surrounded by Cottonwoods that is unlivable, and in the same location is a Quonset Hut structure currently used for equipment storage.

INCOME
The CRP program totals 656.50 acres +/- (in two parts 632.5 acres and 24 acres). The income produced for 632.50 acres is at a rate of $33.52 per acre expiring October of 2023, and the 24 acres at $22.20 an acre expiring October 2022. The Seller is renewing the 24-acre contract expiring in October 2022. The CRP contracts bring a combined annual income of $21,734.40. Please note, if a new owner becomes the successor of the existing CRP contract, they must assume all obligations of the CRP agreement. There is also a grazing lease for the acreage providing an annual income as well.

COMMENTS
Very few ranches in this area come on the market with the income and opportunity for recreation. The diversity of terrain and potential is hard sought. The ranch is contiguous. Sellers own a portion of the mineral rights and are negotiable in the sale of the property.

BROKERS
Buyer's Broker must be identified on first contact and Broker must accompany buying prospect on first showing to be allowed full fee participation. If this condition is not met fee participation will be at sole discretion of Williams Ranch Group LLC Broker.

Price is $885 an acre totaling $991,200

Contact Broker for viewing

The information contained herein has been deemed reliable, but is not warranted by the Broker, express or implied, and is subject to change, prior sale, errors and/or omissions and withdrawal from market. SHOWN BY APPOINMENT ONLY - DO NOT TRESPASS. Buyer's Broker must be identified on first contact and must accompany buying prospect on first showing to be allowed full fee participation. If this condition is not met, fee participation will be at sole discretion of Williams Ranch Group LLC, Broker.



Property Map / Directions

DIRECTIONS The ranch is located south of Lindon, Colorado. Access to the ranch gate is from County Road 9, fronting the northern boundary of the ranch. Do not enter the property without Broker approval, Broker must be on site.

© 2022 Texas Alliance of Land Brokers
© 2022 CoStar Group, Inc.