1399 B Street $1,358,840

Lot Size
43560x138
Lot Acres
138.00
HEMP FARM OR DEVELOPMENT PROPERTY??? 138+ acres, includes the Donnely Well which is court decreed and Adjudicated as “Non-tributary groundwater”, and does not affect the flow of the Arkansas river, so as not to require Augmentation (rare water right). Well is broken, but continues to free flow at around 110 gallons per minute with water being warm. Usage stated at 143 Acre feet per year with 50% consumptive use. If re-drilled and cased, could the well water come out hotter and cleaner quality water be had (ask a Well driller from the area)? Water test report available, with minerals seemingly favorable to growing hemp. 4 parcels of land total 138+ acres. Decreed water uses include Domestic, lawn watering, stock watering, and recreational use. State permit details general uses of irrigation and stock. Could this water be used to develop a warm water or potential geothermal resort along with growing hemp? Could an RV park and/or subdivision be developed? State Geothermal studies of this area are available, ask Listing agent. Verify all information with your attorney, well drillers and all your experts, and come to your own conclusions!! Two electric meter poles on site. ????
Exterior Amenities
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1399 B Street
Penrose, Colorado 81240
Subdivision: OTHER
County: Fremont
Region: Penrose
Sale Type: For Sale
Ref #: 60346
Category: Land
Listed by PROPERTIES OF COLORADO REAL ESTATE INC on Tuesday, 12 March 2019 [For Sale]
Lot Size
43560x138
Lot Acres
138.00
Lot Type
Undeveloped Land
Virtual Tour
1399 B Street
Penrose, Colorado 81240
Subdivision: OTHER
County: Fremont
Region: Penrose
Sale Type: For Sale
Ref #: 60346
Category: Land
Listed by PROPERTIES OF COLORADO REAL ESTATE INC on Tuesday, 12 March 2019 [For Sale]

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Virtual Tour
1399 B Street
Penrose, Colorado 81240
Subdivision: OTHER
County: Fremont
Region: Penrose
Sale Type: For Sale
Ref #: 60346
Category: Land
Listed by PROPERTIES OF COLORADO REAL ESTATE INC on Tuesday, 12 March 2019 [For Sale]

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Virtual Tour
1399 B Street
Penrose, Colorado 81240
Subdivision: OTHER
County: Fremont
Region: Penrose
Sale Type: For Sale
Ref #: 60346
Category: Land
Listed by PROPERTIES OF COLORADO REAL ESTATE INC on Tuesday, 12 March 2019 [For Sale]
Information Herein Assumed Accurate but Not Guaranteed