For Sale

Seymour Farm

$4,100,000 Karval, CO 5,500± Deeded Acres

Executive Summary

Seymour Farm, consisting of 5,500± deeded acres, is a productive dryland farm located in Lincoln and Kiowa County, Colorado. The farm is located 70 miles east of Colorado Springs on the fertile eastern plains, known for its dryland farm production. The topography is slightly rolling to mostly flat. The farm has nice improvements featuring a beautiful newer brick home. Four tracts make up the Seymour Farm and the owner will entertain offers on individual parcels. The views are expansive including Pike’s Peak, which can be seen to the west. The farm will sell with all personal property needed to operate the farm.

Just the Facts

  • Dry farm
  • 5,500± total deeded acres
  • 4,500± dryland farm acres
  • 1,000± grassland acres
  • Newer 3,200± square foot brick home w/two car garage
  • 150’X82’ steel building
  • All equipment included with sale
  • 1,100± acres growing wheat crop included to May 1, 2020
  • Two submersible electric wells
  • Corrals and cattle lot
  • Views of Pike’s Peak
  • School at Karval

General Description

The farm is typically operated as a winter wheat farm rotating with summer fallow each year. Average wheat yields produce 30 bushels per acre. Onsite storage consists of 38,000 bushels from upright bins. The farm has run cattle in the past, utilizing the grass and after growth on the wheat fields, summer use only.

Broker's Comments

The Seymour Farm is an excellent investment opportunity or a chance to add another parcel to your operation. On the investment side, finding a tenant will be much easier with the good improvements and production history. The farm sells with all necessary equipment to operate, including tractors, combines and planters. 

Learn about the locale

Location

Seymour Farm is located south of Karval, Colorado, which is 70 miles east of Colorado Springs. From Karval, take County Road 29 five miles south and a half-mile west, then three-and-a-half miles south to the farm headquarters. School is available at Karval.

Locale

Seymour Farm is on the eastern plains of Colorado, which consist of grassland and dryland farming. The area is mainly known for exceptional dryland production. The views are expansive, with the Rockies visible to the west. A short drive and you can be on a mountain top enjoying the outdoor activities.

Climate

The climate is arid, resulting in low humidity and comfortable days. Average temperatures vary from a high of 89 degrees in July to a low of 44 degrees in December. Average annual precipitation is 14.5 inches, with most coming during the spring and summer growing months. Average annual snowfall is only 24 inches.

Learn more about the property

Acreage (Deeded & Leased)

Deeded Acres:          5,500± Acres
Tillable Acres:           4,500± Acres
Rangeland Acres:     1,000± Acres

Deeded Acres: 5,500±
Total Acres: 5,500±

Improvements

Improvements are highlighted by a 3,200± square foot brick home with south-facing sunroom, three bedrooms and two baths built in 1995. The home is highlighted with granite countertops, tile floors and a two-car attached garage. The property also has a 150’X82’ steel building with large doors on each end and a cement floor. Attached to the steel building is open front cattle shed with corrals and large cattle lot. Also included is a 30’X18’ foot utility building and numerous grain bins with a total of 38,000-bushel storage. A complete line of equipment including tractors, drills, sprayers, combines, and trucks is attached.

Water Resources

Other than Mother Nature, water is supplied for livestock and domestic use by two submersible electric wells. 

Mineral Rights

No mineral rights will be transferred with the property. 

Taxes

Real estate taxes are approximately $5,472.00 annually.

Learn about the recreational amenities

Wildlife Resources

The eastern plains of Colorado are noted for great mule deer hunting, and the Seymore Farm is no exception. Other wildlife includes antelope, small game, and upland birds, providing good hunting and viewing opportunities.

Learn about the general operations

General Operations

The farm is mostly dryland crop production with some grassland for cattle operation, whether yearlings or cow/calf. The farm ground is in a fallow/wheat rotation with 1,100± acres currently in wheat that sells with the farm prior to May 1st. After May 1, the current owner has the rights to harvest the wheat. Base acres include wheat, corn, grain sorghum, and sunflowers. The farm is in four separate parcels, ranging in size from 160± acres to 3,068± acres at the home place. The seller will entertain offers on individual tracts. The farm sells complete with equipment, machinery and crop.

There are two CRP contracts on the farm:
Tract # 5852
Contract #10339A - 315.08 acres 
10-01-2012 to 09-30-2022
Annual payment of $11,803 ($37.40 annual rate per acre)

Tract # 6399
Contract #10340A - 101.92 acres
10-01-2012 to 09-30-2022
Annual payment of $3,457 ($33.92 annual rate per acre)

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