Kiowa County
Cropland With Wind Development Lease
TBD County Road 32, Lot#WP001 Eads, CO 81036
Description
Here is a great opportunity to purchase two parcels of 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. There is a current cash lease on the half section paying $22.50 per tillable acre through the end of 2024. The quarter section is being leased out under a crop-share lease agreement, with the owner receiving 25% of the crops grown. The nearly 100% tillable parcels consist of level Class IV soils. Common crops grown in the area included Wheat, Milo, Sunflowers, or Millet. For additional annual income, the property has been signed in a wind development lease. Located in a good farming area and is only a short distance from Eads, CO. Hunting opportunities included pronghorn, deer, predators, and small game. Parcels may be purchased together or separately. Contact the Land Specialist (Daniel Hunning) for more information or to schedule a private showing.
Summary
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Details
- Located southwest of Eads, CO
- Nearly 100% tillable
- Class IV soils
- Cash lease paying $22.50 per tillable acre (half section)
- Crop-share lease (quarter section)
- Wind development lease on both with annual income
- Hunting opportunities
- Low taxes