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Peetz Land, Wind and Water

MLS Number: CO261229
Price : $2,400,000    $559,000
Features: N/A
Acreage : 480.00
State: Colorado
County: Logan
Status: Active
Property Documents: N/A

This exceptional farm/ranch offering is located just one mile north of Peetz, Colorado.  Peetz, population 227, is home to the RE-5 School District and Peetz K-12 school. Sidney, Nebraska, population 6,750, is located just 20 miles to the north and is home to a municipal airport with a 6,600 ft. runway.  Sterling, Colorado, is located just 25 miles to the south and is the county seat for Logan County. Sterling has an ethanol plant. Both Peetz and Sterling have adequate grain marketing and agricultural support facilities. There is adequate feed growing capacity, water and 3 phase power on the farm to accomodate a feeding operation. This farm has a nice long-term income stream and would make a great investment opportunity or addition to any established operation.Property - 480 acres M/L consisting of 395 acres M/L of sprinkler irrigated land under 3 center pivot sprinklers. 305 of these acres M/L in grass for grazing and the balance of 90 acres M/L in crop land. 7 acres M/L in flood irrigated crop land, 6 acres M/L dryland alfalfa/grass hay, 18 acres M/L in grass that can be flood irrigated, 85 acres M/L in dryland farm ground, 118 acres M/L in dry grassland. Balance of 11 acres M/L in roads & wind turbine easements.  Water - 635 acre feet of soft water produced by 3 decreed ground water wells with decreed uses as follows: Irrigation within Section 28, livestock watering, domestic uses and special short term projects, such as road construction and other maintenance projects, windmill operation and/or construction and oil field well development within Logan County Colorado. This water well field does not require an augmentation plan. The west well has a 10” Sargent  pump and a 100 hp hollow shaft electric motor pumping 1100 gpm.  The middle well is a 20hp submersible and the east is 15 hp. submersible. These wells are 160’ to 200’ deep with standing water @ 100’.  The water lines are all interconnected making for the ”well field”.   The pumping costs are historically $30/acre.  These grass acres were all once farmed and carry FSA base acres. Wind Generation - Included in sale are 100% of the rights to 2 wind turbans and one ½ mile transmission line easements.Minerals - Sellers to reserve ½ of sellers' currently owned minerals, if any, for 20 years or cessation of production.

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