38849 L75 Rd, Paonia, CO 81428
This exceptional 60-acre property in Delta County, Colorado, presents a unique opportunity for agricultural pursuits and recreational enjoyment. Located near Paonia, this secluded land boasts breathtaking valley and mountain views, including spectacular sunsets. The property is comprised of two separate parcels, offering varied terrain suitable for diverse farming practices. Twenty acres are currently irrigated using 20 shares of Stewart Mesa Ditch and Reservoir water, while an additional 30 acres possess the potential for irrigation through property water management. Three ponds provide ample water storage. Existing infrastructure includes a large metal shop, carport, and shed, ideal for equipment storage. Numerous potential building sites are available, allowing for the creation of a custom home or other structures. The property's end-of-the-road location ensures privacy while maintaining convenient proximity to Paonia's cultural attractions. Tailwater also flows onto the property, offering additional water resource possibilities. Municipal water and sewer are not available. Water rights are included in the sale price of $550,000. This is an unparalleled chance to cultivate your agricultural dreams in a peaceful, picturesque setting.
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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