This 320-acre property offers a unique investment opportunity with multiple income streams and natural features. Of the 320 acres, 112.94 acres consists of pasture land while the additional 207.06 acres were previously enrolled in the Conservation Reserve Program (CRP), which expired in 2022. The annual CRP payment was $6,241, and the Seller’s have applied for re-enrollment into CRP. In addition, the property is well-suited for the Walk-In Hunting Program or private hunting leases, providing the potential for further income.
There are two active gas wells on the property, one in operation since 1990 and the other since 2010. In 2023, the seller earned approximately $2,900 from gas production. Importantly, the seller’s mineral rights will transfer to the buyer, a rare advantage in a region once known as the gas capital of the world. A powerline comes through the middle of the property as well. Located just 3.5 miles north of the Cimarron National Grassland and a quarter-mile west of the Cimarron River, the property boasts excellent wildlife habitat, including mule deer, whitetail deer, antelope, bobwhite quail, pheasants, and various predators.
Please contact the listing agent for more information on this property or to schedule a private showing. (**Financial verification is required**). Buyer’s agents welcome.
Legal Description: SE4 of S25, T31, R39W and NE4 of S36, T31, R39W in Stevens County
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https://www.haydenoutdoors.com/land-for-sale/cimarron-river-crp-320/