97240 E 96 Ave Fort Morgan, CO 80701

This property offers multiple income streams, including Conservation Reserve Program (CRP) payments, pasture and hunting lease revenue, and a wind energy lease. The property is enrolled in the CRP program, which expires on September 30, 2030, and generates an annual income of $20,306. The CRP program could be withdrawn for farming or grazing by paying a penalty of approximately $29,000. The pasture and hunting lease provides an annual income of $13,305, consisting of $13.00 per acre on 295 acres for grazing and $5.00 per acre on 1,894 acres for hunting. A wind energy lease with NextEra Energy is in place through September 21, 2030, offering potential for commercial wind tower development. The annual lease payment for years 1-5 is $3.00 per acre ($5,760), and for years 6-8, it increases to $5.00 per acre ($9,600). Development could allow for one tower per 160 acres, potentially generating $15,000 per year, while also allowing the CRP program, farming, or grazing to continue. The property includes 100% of the mineral rights on section 22, pending offer. There is a stock well drilled in August 2014 that is 40 feet deep and producing good stock water, and a domestic/stock well drilled September 2024 that is 40 feet deep test pumped 10 gpm. The 2025 taxes are $4,507, or $2.40 per acre.