$320,000
$399,900
20.0%For more information regarding the value of a property, please contact us for a free consultation.
320 Acres Lot
SOLD DATE : 07/25/2022
Key Details
Sold Price $320,000
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Subdivision Rurala
MLS Listing ID 4378562
Sold Date 07/25/22
HOA Y/N No
Originating Board recolorado
Annual Tax Amount $522
Tax Year 2020
Lot Size 320.000 Acres
Acres 320.0
Property Description
Check out this income producing investment! This property consists of 320 acres. This acreage is mainly cropland and usually grows wheat. The owner said last year he was paid $10,400.00 from the farmer who farmer it. I was told that was 1/3 of the profit so the income was around $31,000.00 last year. This property could also be split up into 35 acre parcels with minimal effort and sold as residential property. Tons of road frontage. Don't let this gold mine slip away.
Location
State CO
County Elbert
Zoning A
Interior
Fireplace N
Exterior
View Plains
Garage No
Building
Lot Description Level
Schools
School District Limon Re-4J
Others
Ownership Individual
Acceptable Financing Cash, Conventional, VA Loan
Listing Terms Cash, Conventional, VA Loan
Special Listing Condition None
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Bought with RE/MAX ALLIANCE
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