97240 EAST 96TH AVENUE Grv
Fort Morgan, CO 80701

ADDRESS:            97240 E 96th Avenue, Fort Margan CO 80701. From Shamrock CO go 1 mile S on Shamrock Mile Rd and 1 & 1/2 mile West to entrance (tire on post and Colorado Land Realty sign). 25 miles NE of Byers and 29 miles miles S of Fort Morgan.

LOCATION:         From Byers CO go North on US Hwy 36 1&1/2 miles and follow Hwy 36 as curves East then continue East for another 11 miles to Hanks Crossing Rd then go North 9 miles to 96th Ave then go East 8 miles to the Property entrance on the South side. Watch for tire on post and Colorado Land Realty sign.
LEGAL:                 All of  Sections 22, 23, and 27, Township 2 South, Range 58 West of the 6th PM County of Adams.

ACREAGE:          1.875.57 +/- Total Acres (per Adams County Assessor) there is no current survey of the Property. 1,413.10 acres is enrolled into the Conservation Reserve Program 
                          (CRP), 295 +/- acres is fenced for pasture and 212 +/- acres in the creek bottom is cut for hay..

IMPROVEMENTS:  40’ x 70’ round top quonset with cement floor. 2-10,000 bushel grain bins with cement cones,  new cement bottom, tank solar well and panel, and 
                              3 miles of new barbed fence

PRICE:                  $1,970,000 or $1,050 per acre. No owner carry. Annual lease income of $39,862,20.

CRP INCOME:      Property is enrolled in the Conservation Reserve Program (expiring 9/30/2030) paying $20,306.00 
                              anually  rent however it could be withdrawn for farming or grazing by paying a 

PASTURE &           Pasture & Hunting Lease Rent: Annuol cosh leose rent of S13,305.00 consisting of grozing lease rent of 
                              $I3.00 per ocre on 295 ocres ond hunling cosh leose renl of $5.00 per ocre on 1,894 ocres.

WIND RENT:           The Property is leased to NextEra Energy thru 9/21/30 for the potential of commercial  wind tower at
                               an annual lease payment of $5,760 thru 2027 increasing to $9,600.00 per year thru 2030. If devel
                               oped, potentially one tower per 160+/- acres paying $15,000 per year. Development of the project
                                would allow for the  CRP program, farming or grazing to continue.

WATER:                 Stock  well 289177 located in the NW4SW4 of section 22 drilled in August of 2014 is 40 feet deep and producing good stock water. Domestioc /stock well 335857
                              in NE4NE4 of Section 22 drilled September of 2024  is 40 feet deep test pumped 10 gpm.

MINERALS:           Property includes all mineral rights (potentially 100% minerals on section 22) pending on the amount of the offer.

TAXES:                  2025 taxes are $4,507 or $2.40 per acre.

NOTE:                   The information contained herein is reliable but not guaranteed by Seller or Broker. Broker is a Transaction (neutral) Broker. Not a Seller's agent.