2671 Grace Way, Mead, CO - Presented by: John Simmons & Eric McCarty

Farm

and

Ranch

2671 Grace Way $2,750,000 | Mead, CO | Weld County

Locat ion, Locat ion, Locat ion!

Prime farm land and or tremendous development opportunity.

74.33 Acres.

One and a half mile west of I-25 on the south side of County Road 32 between County Road 5 and County Road 7.

Property Description (Development Land) Eberl Farm is located on the south side of County Road 32 approximately 1.5 miles west of I-25. Surrounding land has been annexed to the Town of Mead and is currently in the process of being developed. Eberl Farm is still in Weld County and is currently eligible for a Recorded Exemption through the County. The property consists of 74.33 acres and includes a small reservoir, Logan Reservoir, that provides non-potable water and recreational use for the adjoining subdivision. Property has strong potential for annexation into the Town of Mead for medium density residential development. Reservoir offers potential for non-potable water source along with great amenity value. A more detailed property description is provided below: Physical Address

None assigned

Legal Description

A portion of the NE1/4 of Section 21, Township 3 North, Range 68 West of the 6th P.M., County of Weld, State of Colorado

Parcel Identification

120721100003 and 120721102011

Location

One and a half mile west of I-25 on the south side of County Road 32, south Mead.

Access

Access to the property is good via County Road 32 along the north.

Zoning

A-Agriculture per Weld County

Deeded Acres

74.33 (Net) Acres, m/l, per Weld County Assessor records Parcel No. 120721100003 61.33 Acres, m/l

Parcel No. 120721102011 15.36 Acres, m/l

74.33 Acres, m/l total

Land Use

The property is currently used as an irrigated farm with Logan Reservoir as a means of water storage.

Mineral Rights

Not included

Water Rights

Ownership in water and storage rights in Logan Reservoir including impact of water use agreement with Edens Reserve HOA. Land owners do own shares of Highland Ditch Company that are available at current market value.

Recreation

Logan Reservoir provides recreation to the property.

Views

View sheds are considered above average with on-sight reservoir.

Utilities

Little Thompson Water District, Septic systems acceptable, Electricity: United Power, Gas: Xcel.

(St Vrain Sanitation could be accessible).

Improvements

Property includes a 2002 year built, 3,000 square foot equipment shed and a 900 square foot hay shed. 2 pivot sprinklers and pumping system.

At 2.9 Milllion Dollars, 1 share of Highland Ditch is included.

There is an additional 1.5 shares available at market value.

Approximate Acres................... 74.33 Taxes................................. $1,668/19

Legal Description A portion of the NE1/4 of Section 21, Township 3 North, Range 68 West of the 6th P.M., County of Weld, State of Colorado

Parcel Identification 120721100003 and 120721102011

Location One and a half mile west of I-25 on the south side of County Road 32, south Mead.

Access Access to the property is good via County Road 32 along the north.

Zoning “A-Agriculture” and “PUD” per Weld County

Deeded Acres .74.33 (Net) Acres, m/l, per Weld County

Information is deemed reliable, but not guaranteed. © 2020 C3 Real Estate Solutions, LLC.

Eric McCarty

Front Range Land & Water Consulting, LLC

970-833-5911 eric@frlwc.com

John Simmons Co-Founder│Owner

C3 Real Estate Solutions

970-481-1250 jsimmons@c3-re.com