84047 Co-89 Holly, CO 81047
This exceptional 478.78-acre farm in Baca County, Colorado, presents a unique investment opportunity. Located 13.5 miles south of Holly, CO, on State Highway 89, this property boasts convenient access via state and county-maintained roads. The farm features 372 acres of sprinkler-irrigated land and an additional 99.46 acres of dry cropland, along with 7.32 acres of other land. Three irrigation wells, drawing from the Southern High Plains Water District (Permit #s 17901-FP, 17906-FP, and 17907-FP), provide ample water resources. Well capacities range from 80 GPM to 400+ GPM. The efficient irrigation system, installed in 2013, utilizes a 15-tower Valley poly-lined sprinkler system with GPS guidance and AgSense monitoring. The system is powered by natural gas-fueled engines, ensuring reliable operation. Soil composition consists primarily of Richfield and Ulysses silt loam, known for high productivity. Historical yields demonstrate the farm's exceptional potential: irrigated corn (197 bu), irrigated wheat (89 bu), and irrigated grain sorghum (71 bu). Three-phase power is available on three sides of the property. The farm is remarkably free of noxious weeds. Mineral rights are included in the sale. 2021 property taxes totaled $1,619.14. This is a rare opportunity to acquire a high-performing, well-maintained farm in a prime agricultural location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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