3609 Stuart Street
Denver, Colorado 80212
Phone: (303)832-4578
Fax:     (303)832-3062
Email:  perington@msn.com


Ranch Property on Colorado's Front Range
L&M Ranch L.L.C.
PROPERTY

1100 m/l acre parcel.
LOCATION
    4 miles west of Interstate 70 at Agate, Colorado. Within 50 minutes of the Greater Denver Metropolitan Area and Denver International Airport via Interstate 70.
TERRAIN

    Topography is rolling to level. High vistas are located throughout the property. Portions are heavily wooded with abundant wildlife and waterfowl.The East Bijou Creek runs through the property and portions of the ranch are heavily wooded with abundant wildlife and waterfowl. There are two large duck ponds, with fish, statigically located within the property.

    Property capable of supporting private airstrip.

WATER

    Situated within the boundries of the ranch is a fully adjudicated 7800 acre foot collection reservoir. The East Bijou Creek runs through the property and here are two large duck ponds, with fish, statigically located within the property. The Godfrey Gulch also runs through the property and is an additional source of water. The water table is shallow on a large portion of the property. The town of Agate provides potable water to the ranch.

    The L&M Ranch is the only property in the area that has a fully adjudicated storage reservoir with minimal junior rights subordinate. The current level of storage is 7800 acre feet. Additional expansion is possible. Within a 100 mile radius, NO OTHER PROPERTY is currently being offered for sale that is similar in type or nature.

INCOME PRODUCTION AND OTHER INFORMATION

    Larry McCarty currently serves as ranch manager and is responsible for the day to day management of the ranch. Income is earned from dry land cattle production. There is also a nationally acclaimed Championship PaintBall course on the property that is currently leased to a private company.

    There is a gated entrance and a small house used for living quarters. A barn and a new modular outbuilding are situated on the property. The entire ranch is fenced with high grade materials.

CURRENT OWNERSHIP
    The interest in the land is fee simple. The interest in the water is a recorded adjudication from the District Court, Water Division No 1, Colorado as recorded in Weld County. Ownership is private and vested in 4 partners. The ranch and water rights are owned 100% by the partnership and there is no debt against the property.
POTENTIAL USES FOR THIS PROPERTY
    ** Private development of water rights for delivery to local municipalities.
    ** Development of luxury mini-ranch estates or upscale housing.
    ** Corporate Retreat and/or Training Facility with Airstrip.
    ** Campgrounds with attendant amenities (golf course, wildlife habitat, etc.)
    ** Wetlands land bank commensurate with other development.
    ** Long term investment to trusts, private individuals, diversified portfolios, etc.
    ** Outdoor Entertainment Facility or Theme Park.
    ** Ranch Condominium type development with majority open space amenities.
    ** Wild horse conservatory (among others) both public or private.

Price: $8 million Owner Flexible
The value of the L&M Ranch is contained within it's water rights,
location, terrain, and uniqueness to the marketplace.

Shown by Appointment Only
Brokers protected with full disclosure.

 

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For more information
Contact Perington Miller & Co.
(303)-832-4578
or email: perington@msn.com

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Disclaimer
Information provided to and by Perington Miller & Associates is deemed reliable but not guaranteed. All measurements and figures are approximate. Properties are subject to errors, omissions, price change or prior sale.

 

For more information, contact us at:
Perington Miller & Co.
3609 Stuart Street
Denver, CO 80212
Tel: (303) 832-4578   Fax: (303) 832-3062


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