97240 96th Avenue, Fort Morgan, CO 80701 - Adams County

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 and all

material for erecting a third 10,000 bushel bin stored in the quonset.

PRICE: $1,970,000 or $1,050 per acre. Total annual income of $39.862.00

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anually rent however it could be withdrawn for farming or grazing by paying a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 100% minerals on section 22 pending on 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 Trans-

action (neutral) Broker.