Current Use by Public Records
- Land
Property Details for 13408 Co Rd
- Lot size
- 2,262.27 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 2,262.27-acre farm in Hudson, Weld County, Colorado (80642), presents a unique investment opportunity. Currently zoned Ag/I-3, the property boasts significant income streams from existing leases and future solar development. A 1,000-acre, 220 MW solar farm is slated to begin construction in 2026, projecting annual revenue of $540,000 in its first year, escalating to $2,062,000 by 2051. An 80-acre portion is under a 30-year lease (year 6) generating $156,572 annually with a 3% escalator, including a future purchase option for $1.5 million. An additional 236 acres includes a 100-year lease with United Power, yielding $23,625 annually with an escalator, and features an irrigation well and pivot. Note that part of this area lies within the 100-year floodplain. The property also benefits from a 2.5% UPRR override mineral payment. The western portion encompasses a decree for 617 acre-feet of Denver Basin water, approved for export, along with a water loadout facility. The seller requires a long-term leaseback of 17 acre-feet of water. All oil, gas, and mineral rights convey to the buyer. The asking price is $27,000,000.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hudson
- County
- Weld
- State
- Colorado
- Longitude
- -104.659
- Latitude
- 40.1955
