Current Use by Public Records
- Land
Property Details
- Lot size
- 947.00 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 947-acre property near Sterling, Colorado, presents a unique investment opportunity. The property boasts a relatively new 5,000-head feedlot, complete with 23 feeding pens (200 sq ft/head), 4,335 linear feet of bunks, cattle processing facilities, and a commodity storage area. The feedlot is supported by a Logan County permit for 5,000 head and a CAFO permit for 10,000 head. Irrigation is abundant, with 264.8 acres served by three pivots and 278.1 acres by flood irrigation via gated pipe. An additional 404.6 acres are designated for pasture, improvements, and roadways. The property includes 624.74 acres of North Sterling Irrigation District (NSID) water rights, plus an additional 286.51 NSID acres offered in 15 water lots (20 & 40 acre parcels). Cedar Creek provides year-round live water. Excellent access is provided via a paved county highway, located 7.5 miles north of Sterling and southeast of North Sterling Reservoir. The property is enrolled in Point of Rocks Water Company, LLC and Point of Rocks Water Company, LLC II, generating additional income. All owned mineral rights will convey to the buyer. The seller will consider non-contingent offers until October 25, 2024. This multi-parcel auction allows for flexible purchasing options, including individual parcels, water lots, or the entire property.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sterling
- County
- Logan
- State
- Colorado
- Longitude
- -103.224
- Latitude
- 40.7433
