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    8772 Co Rd Milliken, CO 80543

    For Sale
    $2,350,000

    91 Acres, Prime Agricultural Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 91.73-acre agricultural property in Weld County, Colorado, presents a compelling investment opportunity. Located at 8772 Co Rd 54, Milliken, CO 80543 (APN 095728100043), this land boasts a desirable location, approximately two miles from Johnstown and with convenient access to Highway 34 and I-25. Currently zoned Ag, the property is comprised of two parcels and is currently under an annual lease agreement expiring February 14, 2024, providing immediate income potential. The asking price is $2,350,000 ($17,988/acre). While lacking water and mineral rights, the gently sloping terrain offers captivating views of the Front Range. The property's strategic location benefits from the planned expansion of CR 54 (Highway 402) into Freedom Parkway, a four-lane highway, significantly enhancing future accessibility and value. The legal description includes PT NE4 28 5 67 LOT A 2AMD REC EXEMPT 2AMDRE 2639 (.07R) and PT NE4 28-5-67 LOT B REC EXEMPT RE-5099. Weld County Planning recognizes the development potential of this site. A large water line is present in the CR 54 right-of-way. This property offers significant potential for future development and growth, making it an attractive investment for those seeking a strategic land acquisition in a rapidly developing area. The property is privately owned.

    Property Features for 8772 Co Rd

    General Information

    Property type
    Farms
    Lot Size
    3,995,759 SF

    HighLights

    • Below‑market lease on existing farmland.
    • Excellent development potential.
    • Large water line accessible via County Road 54 right‑of‑way.
    • Convenient access to Highway 34 and I‑25 (5 miles); close proximity to Greeley, Loveland, Johnstown, Fort Collins, Berthoud, and Longmont.
    • Weld County location, near Milliken and Johnstown.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Milliken
    County
    Weld
    State
    Colorado
    Longitude
    -104.89457364
    Latitude
    40.37792374

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    FAQs

    What type of property is this?
    Farm - 91 Acres, Prime Agricultural Land
    Where is this farm located?
    The property is located at 8772 Co Rd Milliken, CO.
    What is the asking price?
    The asking price for this property is $2,350,000.
    What are key features of this property?
    This property features: Below-market lease on existing farmland.; Excellent development potential.; Large water line accessible via County Road 54 right-of-way.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8772 Co Rd Milliken, CO 80543
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