4701 W Cherokee/ County Road 9 Road, Lindon

$949,500

0 Beds
0 Baths
1120 Acres
0 Garages

1,120 +/- ACRE RANCH, WASHINGTON COUNTY, LINDON, COLORADO
This beautiful income producing ranch is approximately 1,120 +/- acres. The ranch is bordered by County Road 9 along the North, and County Road 8 to the South. Over 656 acres are under the Conservation Reserve Program (CRP). The terrain is diverse, including rolling plains, drainage bottom and CRP grasslands. There are 2 older water wells. The first well is an old, inoperable, hand-dug well. The second well located near the stock tanks, southwest of the homestead, was tested in 2020 and reported 1.25 GPM. County Roads to the ranch are dirt, county maintained. The ranch is cross fenced to separate the grazing pasture from the CRP ground and the fencing is fair for cattle. Electric and telephone run along the Northern and Southern boundaries. Aregood Ranch has not been hunted for years and boast a population of Antelope and Mule Deer. There is an older ranch house surrounded by Cottonwoods that is unlivable, and in the same location is a Quonset Hut structure currently used for equipment storage. The CRP program totals 656.50 acres +/- (in two parts 632.5 acres and 24 acres). The income produced for 632.50 acres is at a rate of $36.03 per acre expiring September of 2033 and the 24 acres at $32.49 an acre expiring October 2032. The CRP contracts bring a combined annual income of $23,569. There is also a grazing Lease that brings $2300 a year. Please note, if a new owner becomes the successor of the existing CRP contract, they must assume all obligations of the CRP agreement. Very few ranches in this area come on the market with the income and opportunity for recreation. Sellers own a portion of the mineral rights and are negotiable in the sale of the property.

Status: Pending

Metrolist Services Inc (Colorado) Logo Williams Ranch Group Llc.

Essential Information
MLS® #3054272
Price$949,500
Bathrooms0.00
Acres1,120.00
TypeFarm and Ranch
Sub-TypeOther
StatusPending
Community Information
CityLindon
CountyWashington
StateCO
Zip Code80720
Address

4701 W Cherokee/ County Road 9 Road

Lot Description

Foothills, Meadow, Suitable For Grazing

Additional Information
Date ListedApril 16th, 2022
ZoningAgriculture
Listing Details
Metrolist Services Inc (Colorado) LogoWilliams Ranch Group Llc
Property History
Status Changed from Active to Pending
Price Reduced from $991,200 to $949,500
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Listing information last updated on May 1st, 2024 at 5:04pm MDT.