Farm on the Colorado
The Farm on the Colorado is a resource-filled, legacy investment opportunity consisting of a 1,123 acre ranch in the bustling Colorado River valley west of Glenwood Springs. The Farm is likely the largest flat, irrigated expanse on a single, private property in the entire I-70 corridor through the rugged Rocky Mountain stretch between Denver and Grand Junction and identified in Garfield Countys Comprehensive Plan as a prime location for future development. The area is primarily a Ski Country bedroom community, located an hour from the Aspen and Vail areas. While it possesses a Glenwood Springs address, the property is located within the Town of New Castles Urban Growth Boundary and adjacent to the town border, so depending on a new owners plans it can be ripe for annexation.
This is a large, versatile, farm & ranch in Colorado that is currently in agricultural use, with over 16 CFS of w...
This is a large, versatile, farm & ranch in Colorado that is currently in agricultural use, with over 16 CFS of water rights (nearly 1,000 acre-feet consumptive) that irrigate approximately 300 acres of the valley floor, its boundaries stretching from the Colorado River to the south, all the way to rolling uplands to the north that border BLM lands. Over one mile of I-70 bisects The Farm and an existing interchange is within one mile, so this is a highly visible place. Currently, there is over $100K of rental income from a combination of agricultural, residential, and hunting leases. All utilities are either in place or immediately accessible.
There is definitely a lot happening on this property, but with nearly two miles of frontage on the Colorado River, a 10-acre lake for water-skiing and SUP, quality hunting, and scenic views, this asset is not only investment-grade real estate, but a sporting ranch to be enjoyed while a new owner positions the property to meet ones investment and development goals.Contact Tommy Latousek.
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