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Hudson,CO 80642
Key Details
Property Type Single Family Home
Sub Type Farm
Listing Status Active
Purchase Type For Sale
MLS Listing ID IR1020364
Annual Tax Amount $31,497
Tax Year 2023
Lot Size 2262.270 Acres
Property Description
Construction should begin in 2026 for a 1,000-acre 220 MW solar farm. The estimated revenue from the solar will begin in 2026 at $540,000/year and will increase to $2,062,000/year by 2051. 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 80 acres for $1.5mm. The balance of the 236 acres includes a United Power lease of roughly 28 there is a substation on this piece. This lease brings in $23,625 per year with an 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 farm includes a decree for 617-acre feet of Denver Basin water that is approved for export off the farm. There is also a water loadout facility included in the sale. The seller will need to rent back 17-acre feet on a long-term basis. All oil, gas, and mineral rights shall transfer to Buyer.
Location
State CO
County Weld
Zoning AG and I3
Building
Lot Description Flood Zone
Water Well
Schools
Elementary Schools Other
Middle Schools Other
High Schools Other
School District Other
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional