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Property profile & analytics
OFF-MARKET
Land

Cope, CO 80812

640 ac lot
Property ID
Property summary
AI-generated overview

This 640-acre agricultural property in Washington County, Colorado, presents a compelling investment opportunity. Currently in wheat stubble, this productive dryland farm boasts approximately 628 tillable acres, with an additional 11.2 acres comprised of grass, gas wells, and roads. Conveniently located approximately 6 miles north of the Arickaree School and 23 miles south of Otis, Colorado, access is provided via County Road PP bordering the east side, and trail roads to the north and south. The property is situated 2 miles west of paved County Road RR, accessible via County Road 17 west to County Road PP, then north for 1 mile. The FSA base includes 79.80 acres of wheat with a 26-bushel PLC yield, 13.20 acres of grain sorghum with a 20-bushel PLC yield, and 23.30 acres of barley with a 27-bushel PLC yield. Real estate taxes for 2024 are listed at $953.90. The legal description is Section 31, T2S-R50W. Mineral rights were previously reserved. Possession is granted upon closing. This offering represents a significant opportunity for agricultural investment in a desirable location. The property's size, productive capacity, and convenient access make it an attractive prospect for experienced farmers and investors alike.

Property profile
Verified
Property type Land
Lot 640 ac (27,878,400 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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