Report Listing

Home For Sale

Picture of Home For Sale in Hudson, Colorado, United States

$27,000,000

0 County Road 43
Hudson, Colorado, United States

2 acres

Listed By: Homes & Land Magazine

Listed On: 10/17/2024

Listing ID: GL11967663 View More Details

Description

Construction should begin in 2026 for a 1,000 acre 220 MW solar farm. The estimated revenue from the solar will be +/- $2,000,000/year. 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 the 80 acres for $1.5mm. The balance of the 236 industrial zoned acres includes a United Power lease of roughly 28 acres, there is a substation on this piece. This lease brings in $23,625 per year with 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 1,942 acres includes a decree for 617 acre feet of Denver Basin water that is approved for export off the farm. There are a total of 11 pivots included in the sale. The Central water allotment for these pivots totals 2,200 acre feet of combined WAS and GMS contracts. There are several homes and shops included in the sale. All oil, gas and mineral rights shall transfer to Buyer.