363 Acres in Burlington, CO - $1,450,000
PRICED REDUCED!
Peoples Company and The Land Office LLC are pleased to offer a high quality irrigated farm located in Kit Carson County, Colorado just a 13
miles southeast of Burlington along County Road 58. The farm consists of 363.20 surveyed acres with 357.15 FSA cropland acres carrying
an NCCPI of 47.5. Primary soil types include Kuma-Keith silt loam. Approximately 303.83 acres are under center pivot with 371 Authorized
Irrigated Acres and 927 Acre Feet of water allocated via water right permit 8915-FP with a priority date of June 30, 1958. The irrigation
well has been rated at 471 GPM. Two center pivots are included with the farm including an 8 tower 1980 Zimmatic 307 and a 12 tower 1980
Hygromatic HIGRO both being powered by a Minneapolis Moline.
This property is located within the Colorado Power Pathway, a proposed 560- mile, 345 kV transmission circuit that
is currently under r...
is currently under review by the Colorado Public Utilities Commission. Colorados largest utility, Xcel, has a current
Energy Resource Plan with a preferred portfolio of 2,300 MW of new wind, 1,600 MW of new large-scale solar, 400
MW of new battery storage, 1,300 MW of new flexible dispatchable generation and 1,158 MW of community solar. A
wind lease is in place with NextEra Energy Resources, LLC and may provide potential for additional future income.
The property is also located within Qualified Opportunity Zone Number: 08063962100. Investments in properties in
Opportunity Zones are intended to encourage economic development by providing preferential tax treatment. In
additional to deferral of capital gains, expenditures on improvements including irrigation, drainage, storage, some
forms of depreciation, and other activities that result in additional property value through time may qualify for a
basis step-up at sale and excluded from future capital gains taxation if held to the maturity of the OZ period.
Estimated Taxes: $5,206.15
Legal E2 Section 21, Township 10 South, Range 42 West of the 6th P.M., except the north 210 acres.
N2 Section 28, Township 10 South, Range 42 West of the 6th P.M., except the west 160 acres.
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Search for detailed parcel information including; Elevation & Vegetation Maps, Ownership Information, Detailed Parcel Information, Crop History Map, Soil Survey Productivity Data, and more.
Research Parcel InformationDirections
From Burlington: 8 1/2 miles south on Hwy 385, 10 miles east on County Road K, 1/2 mile south on County Road 58 to northeast corner of property.