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Home » Real Estate » CO » Fort Morgan » 80701 » 97240 E 96th Avenue, Fort Morgan, CO, 80701
$1,970,000

97240 E 96th Avenue, Fort Morgan, CO, 80701

CRP INCOME: Property is enrolled in the Conservation Reserve Program expiring 9/30/2030. Owner is receiving $20,306.00 annual cash rent however it could be withdrawn for farming or grazing by paying a penalty of approximately $113,000.00. PASTURE INCOME Pasture & Hunting Lease Rent: Annuol cosh leose rent of S13,305.00 consisting of grozing cosh 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 towers at an annual lease payment year 1-5 is $3.00/acre or $5,760 and years 6-8 is $5.00/acre or $9,600.00 per year. If developed, 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. IMPROVEMENTS: Completer perimeter fence (3 miles new) and some cross fence around pasture portion. 1 older and 1 new stock /dometic well with cement bottom tank and solar panel and a 40' x 70' round top quonset with cement floor. 2-10,000 bushel grain bins with cement cones. 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. This offer is Subject to error, prior sale or withdrawal. Broker is a Transaction (neutral) Broker.
Offered By
Frank Linnebur, Colorado Land Realty

Property Details

Property Type Land
Status Active
MLS # 9601415

Market Trends

New Properties On Market
25
32% Increase In New Listings
Average Asking Price
$467,156
$67,384 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$171
$9 Increase In List Price/Sq. Ft.
Average Days On Market
17
20 Day Decrease In Days On Market
Data as of Mar 27, 2026. Remaining statistics above are calculated on activity within the period from Jan 01, 2026 to Feb 28, 2026.