This is a tremendous investment opportunity. Located in the San Luis Valley these irrigated farms provide a great consistent return for the land investor. Eighteen irrigated pivots that are fed by wells and supplemental wells that deliver water from the plentiful aquifer below. Each quarter nets approximately $27,500 or approximately a 4.5-4.75% rate of return. The pivots are currently rented by four stable farming tenants. There is a possibility to lease all the pivots to one tenant. All the pivots, wells, pumps and controls are in good condition and regularly serviced. The wells consist of submersible and surface pumps. There are Valley, Lockwood and Zimmatic pivot sprinklers on the property. Depths of wells range from 70’-170’. The wells combined have been tested and produce more than 15,000 gallons per minute. All water rights owned by the Seller will convey to the Buyer including surface water rights from the San Luis Valley Irrigation District and Farmer’s Union Ditch that augment water pumped from the wells. Currently, the pivots are primarily raising potatoes, but rotational crops are used in the farming to include alfalfa, industrial hemp, wheat, oats, triticale, and sorghum crops.
Just the Facts
- 2,812.58± acres deeded
- 4.5 – 4.75% rate of return
- Each quarter section nets approximately $27,500
- Irrigated by 18 pivot sprinklers
Other PropertiesMore Like This
Moonshine RanchWalsenburg, CO
Moonshine Ranch, located near La Veta, offers 6,300± deeded and 3,400± acres of internally landlocked BLM land. Modestly improved, extraordinarily scenic, abundant wildlife, extremely private, sensational views, and diverse topography.
South Comanche RanchByers, CO
Located an hour from Denver, South Comanche Ranch offers 16,573± deeded acres. Exceptionally well-watered and undulating topography offers excellent protection for livestock and wildlife. Functional improvements, professional grade ranch.
Most brokers have a strong sense of independence, so brokerages work around that, but Hall and Hall is not about the one working alone—our strength and longevity is built on the broker partnership structure
Bixby Ranch’s historic legacy stoked many buyers’ interest and resulted in a successful and accelerated sale, leading to the selection of The Land Report’s Ranchland Deal of the Year
Our clients select Hall and Hall because of the agency’s reputation for excellence and 74 years of building relationships
“The underlying theme you must recognize in making a land purchase is: land has become recognized as an investment-class asset”
I have purchased four ranches through Hall and Hall over the past 20 years, and there is simply no other team in the world like them