Cahone, CO 81323,TBD County Road S
$1,550,000
Est. payment /mo
$1,550,000
Est.Price: ?

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760 Acres Lot
SOLD DATE : 12/20/2022

Key Details

Sold Price $1,550,000

Property Type Vacant Land

Sub Type Agricultural

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 796494

Sold Date 12/20/22

Annual Tax Amount $823

Tax Year 2021

Lot Size 760.000 Acres

Acres 760.0

Property Sub-Type Agricultural

Property Description

Recently Reduced! Hunting Ranch with Income! Big $Buck Mesa's +/- 760 acres located in one of the of the nation's most sought-after hunting units, known for producing record book mule deer and trophy elk, just minutes from the Utah State line, also provides for an annual income around +- $33,000 estimated each year. Are your hunting dollars working for you, or are you working for your hunting dollars? Big $Buck Mesa is an end of the road, private family farmstead that's been in the family for generations, and current owner lives out of state, and said “let's get it sold!” BBM dovetails into and surrounded on 3 sides by over 200,000 acres of the Canyonlands of the Ancients, National Monument. This monument is not accessible via vehicle (only foot traffic) and is sanctuary for some of the nation's largest mule deer and trophy elk. CANYONS OF THE ANCIENTS NATIONAL MONUMENT LINK Zoned Ag with an annual tax bill +/- $796, the property receives a monthly mineral royalty of +/- $1400 per month, with a very similar CRP payment, totaling +/- $33,000 per year, (this could fluctuate up or down) There are two seeps on the ranch, with the original historic homestead cabin, being the only improvements so you are not buying somebody's else's dream home. The ranch is end of a county-maintained road, the off grid, and completed surrounded by game holding cover. With the stock market crashing, % rates continuing to rise, and options for today's investor extremely limited, hard secure assets of land with income are difficult to find, especially those providing 2 annual landowner preference mule deer buck tags, and OTC elk tags. Income 1.) The mineral royalty has been in place for over 30 years, is continuing to increase in value, and does not impact the property at all. (no well pads, truck traffic etc). Currently +/- $1400 per month. This can and does fluctuate. 2.) Big $Buck Mesa 's +- 760 acres currently has + – 487 acres of its production ground smothered in native grasses enrolled in the CRP, (Conservation Reserve Program) (annual $16,445 payment that is up for renewal next year,) so owner could be conservative and re- enroll the ranch or with commodity prices at all-time highs, the ranch has historically produced wheat and/or dry beans, with a local farmer just down the road that could share/farm the property for an absentee owner. Be careful where you step as there are native pottery shards and arrowheads abound and its difficult to find a square ft without an elk, deer or Merriam's turkey track in it. There's opportunity for the varmint hunter as well, with bear, coyote, and mountain lion. With over 60,000 MORE applicants for Colorado big game tags, this year over last, demand for quality land investments with landowner preference buck tags and Over the Counter Elk tags are going through the roof. With an annual income of + – $33,000 one can count on one hand and subtract a few fingers opportunities like this one. 40 minutes to Cortez Co with regional air, great dining, hospital, Casino, and Walmart. 90 minutes to Durango , 5.2 hours to Salt Lake, 6.5 hours to Phoenix. If your exhausted chasing places to store equity and your family would enjoy annual land owner big game tags, coupled with a nice dividend, consider recently reduced Big $Buck Mesa Ranch, as the options are endless, but the opportunity is not!

Location

State CO

County Dolores

Zoning Agriculture

Rooms

Family Room No

Dining Room No

Schools

Elementary Schools Open Enrollment

Middle Schools Open Enrollment

High Schools Open Enrollment

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Colorado Real Estate Network (CREN) + Sold
Listed by Hayden Outdoors LLC
agent
The Blackmore Group

Company | ER ER100069917

+1(970) 444-2431 | ashley@ashleyblackmorehomes.com

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