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$27,000,000
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  • Key Facts
  • Description
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Key Facts

Type Farm
Levels Farm
Size -
Garage No
Maintenance Fees 
Taxes $31,498
Approx. Age 
MLS® Number IR1020364

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Construction should begin in 2026 for a 1, 000-acre 220 MW solar farm. The estimated revenue from the solar will begin in 2026 at $540, 000/year and will increase to $2, 062, 000/year by 2051. 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 80 acres for $1.5mm. The balance of the 236 acres includes a United Power lease of roughly 28 there is a substation on this piece. This lease brings in $23, 625 per year with an 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 farm includes a decree for 617-acre feet of Denver Basin water that is approved for export off the farm. There is also a water loadout facility included in the sale. The seller will need to rent back 17-acre feet on a long-term basis. All oil, gas, and mineral rights shall transfer to Buyer.Show Description
MLS® NumberIR1020364
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

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