Property profile

9845 3775 Rd Hotchkiss, CO 81419

OFF-MARKET
Land
292.04 ac lot
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Property summary

AI-generated overview

This exceptional 292.04-acre property in Delta County, Colorado, presents a unique investment opportunity. Located at 9845 3775 Rd, Hotchkiss, CO 81419, this expansive land boasts valuable irrigation water rights and two rare Bone Mesa domestic water taps. The property enjoys a private, end-of-the-road setting with convenient access to Crawford, Hotchkiss, and Paonia. Features include a recently upgraded ranch-style home featuring new countertops, solid cabinets, flooring, and paint. A large detached garage and a substantial machine shed/barn/shop with power are also included. The land borders BLM land and includes several large year-round ponds, one of which was historically stocked with fish. Stunning views of the West Elk Mountains and Grand Mesa enhance the property's appeal. The property is well-suited for various agricultural uses, including cattle or horses, and features a hay field with a newer center pivot irrigation system. The land is fenced and cross-fenced for optimal management. Zoned for agriculture, this property offers significant potential for a variety of uses. The asking price is $1,595,000.

Property profile

Verified
Property type Land
Lot 292.04 ac (12,721,262 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

9845 3775 Rd Hotchkiss, CO 81419
Hotchkiss metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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