100 Us-385 Sheridan Lake, CO 81071
- Land
- 1,280.00 lot acres
Current Use by Public Records
- Land
Property Details for 100 Us-385
- Lot size
- 1,280.00 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 1,280-acre property in Kiowa County, Colorado, presents a unique investment opportunity. Comprising approximately 960 acres of farmland and CRP land, it's currently under a wind generation lease, offering substantial passive income. The farmland includes approximately 35.67 acres of wheat base (final base to be determined by the FSA office) and 144.92 acres enrolled in the Conservation Reserve Program (CRP), generating an annual payment of $3,333 expiring in 2030. The buyer will receive 100% of the 2025 and all future CRP payments. The property is strategically located just 3 miles east of the new May Valley Substation and west of the Towner West Wind energy project, enhancing its potential for future green energy development. The cropland has recently been treated with Roundup, 2-4D, Dicamba, and Tordon, preparing it for spring planting. Property taxes for 2023 totaled $1,558.06. This offering includes two sections: Section 27-T19S-R44W (320 auction acres, 163.6 acres cropland) and Section 34-T19S-R44W (640 auction acres, 610.5 acres cropland). The asking price is $1,056,000. This property is located at 100 US-385, Sheridan Lake, CO 81071.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sheridan Lake
- County
- Kiowa
- State
- Colorado
- Longitude
- -102.305
- Latitude
- 38.2694
