Quarter of Cropland with Cash Lease Income
Parcel of productive cropland that is turn-key ready for the farmer looking to add to an existing operation or an investor looking to add to their portfolio. Consisting of mostly Manter Sandy Loam 2 to 5 percent slope (Class 4e) & Kuma Keith Silt Loams (Class 2c) soils the cropland has a good yield history. Crops grown on the property and in the area include Wheat, Feed, Milo, Millet, or Corn. Currently, all of the tillable acreage is subject to tenant rights under a verbal $46 per tillable acre cash lease agreement with talks of possibly increasing the rate to $50 per tillable acre for the 2026 crop year. There is an established shelter belt and plum thicket in the Southeast corner offering wildlife habitat & hunting opportunities. Several pheasants were flushed up while taking listing pictures in the Southeast corner. The property is located just a short distance from the North Fork Re...
Parcel of productive cropland that is turn-key ready for the farmer looking to add to an existing operation or an investor looking to add to their portfolio. Consisting of mostly Manter Sandy Loam 2 to 5 percent slope (Class 4e) & Kuma Keith Silt Loams (Class 2c) soils the cropland has a good yield history. Crops grown on the property and in the area include Wheat, Feed, Milo, Millet, or Corn. Currently, all of the tillable acreage is subject to tenant rights under a verbal $46 per tillable acre cash lease agreement with talks of possibly increasing the rate to $50 per tillable acre for the 2026 crop year. There is an established shelter belt and plum thicket in the Southeast corner offering wildlife habitat & hunting opportunities. Several pheasants were flushed up while taking listing pictures in the Southeast corner. The property is located just a short distance from the North Fork Republican River which is known for its trophy deer in area. An older windmill with a registered well permit could be restored providing an ample water source for local wildlife and an ideal spot for a hunting blind location. The property has a recorded easement that allows access from the maintained county road to the south. FSA information is available upon request. Surface Rights Only. Please contact the local Land Professional for questions or to schedule a showing.
Property Details:
Located Southwest of Wray, Colorado
Legal Description SEC10 T1S R45W NE4
Approximately 151 acres of Tillable Cropland
Roughly $6,946 of Annual Income
Over 3.5% ROI Based on Asking Before Taxes
Recorded Access Easement to the Southeast Corner
Low Taxes
When purchasing a property listed by Great Plains Land Company, a Buyer's Broker, if applicable, must be identified on first contact and present at the initial showing of the property to participate in a real estate commission. If these conditions are not met, compensation if any will be at the sole discretion of Great Plains Land Company.
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