60 Acres of Cannabis Zoned Property in Ordway, Colorado

Ordway, CO (Crowley County)

60 Acres of Cannabis Zoned Property in Ordway, Colorado
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Asking Price: $895,000

Gross Revenue: N/A

Price/Sq. Ft.: N/A

NOI: N/A

Building SF: N/A

FF&E: N/A

Year Built: N/A

60 Acres of Cannabis Zoned Property in Ordway, Colorado

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Property Description

Recreational Marijuana Cultivation Land for Sale

Owner is offering to sell 58.70 acre parcel. The property is located at 8760 Lane 20 in Ordway, CO. It's the 'Weldon Trust' property on the diagram. Land is zoned in Crowley County for cannabis cultivation in greenhouses. Property is perfect for greenhouses, flat, no trees and lots of sun. The property is located on paved county rd just south of Lake Henry and north of 96. Crowley County is an 'Opportunity Zone' and included in the recent legislation that passed, so there are attractive federal/state capital gains incentives and tax breaks. The eastern side of Ordway is undergoing cannabis cultivation development. The City of Ordway and Crowley County are accommodating to the cannabis industry and have plans to become the growing capital of Colorado. There is a developer across the road from this property on Lane 20 that is selling 5 acre tracts for 150k with built-in infrastructure water and natural gas already in place. Water for municipal service is a available on Lane 20 for residential. Water for cannabis cultivation can be purchased from City of Ordway. This area gets drenched annually with 260 days of sunlight, so it's excellent for greenhouse cultivation. If your interested in building a growing operation this would be an excellent location with plenty of room to expand. Please contact for more details. Thank you! Stuart Dobson at stuart@corealestatebrokers.com

More pics on the eBay listing, below.

What are Opportunity Zones?
Opportunity Zones are census tracts designated by state and federal governments targeted for economic development.

Why invest in Opportunity Zones?
Opportunity Zones allow investors to defer federal taxes on any capital gains until December 31, 2026, reduce that tax payment by up to 15%, and pay as little as zero taxes on potential profits from an Opportunity Zones if the investment is held for 10 years.

https://www.gmlawcannabis.com/in-the-news/cannabis-tax-alert-opportunity-zones/

If a cannabis-related business is located in an Opportunity Zone, its facilities and equipment are eligible for Opportunity Zone investment. These significant new incentives are attracting a great deal of investor interest.

Learn more about cultivating, here:

https://www.youtube.com/watch?v=zthzyVTzezI

https://www.youtube.com/watch?v=hzJQ2Kmas70

Detailed Information

Location:
Ordway, CO
Type:
Vacant Commercial Land
Building Status:
Permitted
Location Description:
Ordway, CO.
Current and Prior Use:
Recreational Marijuana land use permit.
Business Website:
http://www.ebay.com/itm/264190902910
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Property Listed By:
Jim Weldon

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