16600 County Road 36, Platteville, Colorado, United States

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Home For Sale

$4,200,000

16600 County Road 36
Platteville, Colorado, United States

3bd 1ba 1,500 sqft

Listed By: Homes & Land Magazine

Listed On: 04/05/2024

Listing ID: GL11099400 View More Details

Description

2.5% UPRR Override! The property has 8 new horizontal oil wells permitted to be drilled under the property with the surface owner receiving 2.5% +/- of production. Excellent investment property with a USR (Use by Special Review Permit 16-0065) on 80 acres for Mineral Resource Development and O G support services including exploration maintenance, production equipment, parking, and storage. In addition, it could be used for water service companies; equipment and storage, pipeline construction contractors; equipment and storage, or as a rental yard for field offices. Weld County Commercial/Industrial uses are also approved including equipment and vehicle storage. There are five poultry barns on the east parcel, four have heat and one has a concrete floor. The west parcel has a turkey barn, several large storage buildings and five separate residences with water provided by four domestic wells. All the structures on both parcels have been well maintained and access roads to the site have been improved. Current monthly income is approximately $24,000.00.