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Hudson,CO 80642
Key Details
Property Type Single Family Home
Sub Type Farm
Listing Status Active
Purchase Type For Sale
MLS Listing ID IR1020364
HOA Y/N No
Originating Board recolorado
Annual Tax Amount $31,497
Tax Year 2023
Lot Size 2262.270 Acres
Acres 2262.27
Property Description
Construction should begin in 2026 for a 1,000 acre 220 MW solar farm. The estimated revenue from the solar will be +/- $2,000,000/year. The east 320 acres is zoned I-3 and has a lease on 80 acres for $156,572/year with 3% escalator. Year 6 into a 30 year lease. At the end of the lease, Magellan can purchase the 80 acres for $1.5mm. The balance of the 236 industrial zoned acres includes a United Power lease of roughly 28 acres, there is a substation on this piece. This lease brings in $23,625 per year with escalator on a 100 year lease. There is one irrigation well and one pivot on the 236 acres, part of this property is in the 100 year floodplain. This farm also gets the 2.5% UPRR override mineral payment. The west 1,942 acres includes a decree for 617 acre feet of Denver Basin water that is approved for export off the farm. There are a total of 11 pivots included in the sale. The Central water allotment for these pivots totals 2,200 acre feet of combined WAS and GMS contracts. There are several homes and shops included in the sale. All oil, gas and mineral rights shall transfer to Buyer.
Location
State CO
County Weld
Zoning AG and I3
Interior
Fireplace N
Building
Lot Description Flood Zone
Water Well
Schools
Elementary Schools Other
Middle Schools Other
High Schools Other
School District Other
Others
Ownership Individual
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional