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Property profile & analytics
OFF-MARKET
Land

100 Us-385 Sheridan Lake, CO 81071

1280 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 1280 ac (55,756,800 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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