8062 County Road 48 1/2, Johnstown, CO

$17,000,000

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160.00

Acres

About 8062 County Road 48 1/2

Held/Rieder Farms are approximately 160 acres of development land located at the northeast corner of Downtown Johnstown. The properties are annexed into Johnstown (Rieder Farm still in process) designated as "Holding Agriculture" until ready for development. The property is in the Downtown Development Area and slated for mixed-use/high density residential development. Town officials have indicated that they would like to see some commercial development to connect to the existing downtown area and residential that would be developed on this property. The property is walking distance from current Downtown and just down the road from new community recreation center. This is a rare opportunity to master plan a mixed use development connecting to a Downtown of a fast growing community in Northern Colorado. WATER: Along with the land, the property includes 1 share of Hillsborough Ditch Company along with 150 acre feet of potable water credit. Current water market in Johnstown is near $72,000/AF giving this water a retail value of over $10.8 Million for potable credits. Buyers interested in purchasing only one of the farms can inquire with listing broker about options seller will consider.

Features of 8062 County Road 48 1/2

MLS® # 979683
Price $17,000,000
Bathrooms 0.00
Acres 160.00
Year Built 1915
Type Farm
Sub-Type Farm and Ranch
Status Active

Community Information

Address 8062 County Road 48 1/2
Area Johnstown
Subdivision N/A
City Johnstown
County Weld
State CO
Zip Code 80534

Amenities

Garages None
Is Waterfront No
Has Pool No

Interior

Fireplace No

Exterior

Lot Description Irrigated, Water Rights Included, Mineral Rights Excluded

School Information

District Weld RE-5J

Additional Information

Days on Market 1
Zoning Holding Ag
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeFront Range Land&Water Consltg
Contact Info9708335911

Listing Map

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