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Property profile & analytics
OFF-MARKET
Land

0 Vacant Lot Ovid Co 80744 Ovid, CO 80744

77 ac lot
Property ID
Property summary
AI-generated overview

This productive 77-acre farm presents a compelling investment opportunity in Sedgwick County, Colorado. Located approximately one mile east of Ovid, CO, along US Highway 138, this property boasts mostly Class I soils and level terrain, ideal for efficient farming operations. The farm benefits from an excellent water supply, combining surface water access from the Julesburg Reservoir with a robust groundwater source. Irrigation is highly efficient, featuring a newly installed 7-tower Zimmatic center-pivot sprinkler system covering approximately 58 acres, supplemented by underground pipelines. A new 40 HP motor powers the well, capable of pumping approximately 700 GPM. The well was augmented by the Sedgwick County Well Users. The property includes 77 Julesburg Irrigation District acres. The legal description is W1/2NW1/4, excluding a tract in Section 3, T11N-R45W. The seller will convey all owned mineral rights. 2024 cash rent is negotiable, depending on the closing date. Property taxes for 2023 were approximately $994.40, with Julesburg Irrigation District assessments totaling $2,079.00, resulting in combined annual taxes and fees of approximately $3,073.40. The asking price for this exceptional agricultural property is $490,000. Convenient access is provided by US Highway 138 (south), Co Rd 31 (west), and Co Rd 32 (north).

Property profile
Verified
Property type Land
Lot 77 ac (3,354,120 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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