0Twelvemile Corner, CO 80701

This exceptional 180-acre agricultural property, located near Jackson Lake State Park in Morgan County, Colorado (zip code 80701), presents a unique investment opportunity. Currently, approximately 163 acres are dedicated to high-yielding alfalfa, boasting a reported 6.5 tons per acre yield in 2024. The irrigation system is state-of-the-art, featuring a Valley pivot with a cornering tower and FieldNet monitoring system, ensuring efficient water management. A new 30 HP floater pump and underground pipeline were installed in 2023. The sprinkler pond is conveniently level with the irrigation ditch. Dryland corners are planted with wheat. The property includes approximately 160 acres of District Acres within Riverside Morgan County. The FSA base is 137.5 acres of corn with a 164 bushel PLC yield. The property offers stunning views of Jackson Lake and the Rocky Mountains, and its location, approximately 45 minutes east of Greeley, suggests potential for future development. Real estate taxes for 2023 totaled $2,620.80, encompassing $2,300.80 in property taxes and $320.00 in Riverside Irrigation District assessments. The seller will convey all owned mineral rights. The property consists of one parcel. Possession is granted upon closing. The starting bid is $1,500,000. Half of the alfalfa acreage was planted in May 2020, and the other half in August 2021. The legal description is Part of Sec 13, T5N-R60W.