0 County Road 58 Burlington, CO 80807
Exceptional investment opportunity: 363.2 acres of prime Kit Carson County farmland, offered in two tracts via online auction concluding November 26th, 2024 at 5:00 PM MT. Tract 1 encompasses 207.83 surveyed acres, with approximately 202.36 tillable acres and roughly 130 irrigated acres, featuring recent capital improvements and strong irrigation water. Tract 2 comprises 155.37 surveyed acres, boasting approximately 154.81 tillable acres. Both tracts are nearly 100% tillable and situated near the Colorado Power Pathway, a significant infrastructure project. The property's location is 13 miles southeast of Burlington, CO, off County Road 58 and County Road J, in Sections 21 & 28 of Burlington Township. Parcel numbers are 821281042009 and 821211042002. Tillable acreage is subject to verification by the Kit Carson Farm Services Agency. This represents a unique chance to acquire high-quality farmland suitable for expansion of existing operations or long-term investment. All bidding must be conducted online. The auction's extension policy adds 3 minutes to the closing time for any bids placed within the final 3 minutes.
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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No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.