$320,000
$399,900
20.0%For more information regarding the value of a property, please contact us for a free consultation.
County Road 201 Limon, CO 80828
320 Sqft Lot
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
Annual Tax Amount $522
Tax Year 2020
Lot Size 320 Sqft
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
Exterior
View Plains
Building
Lot Description Level
Schools
School District Limon Re-4J
Others
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