Description
Held/Rieder Farms are approximately 160 acres of development land located at the northeast corner of Downtown Johnstown. The properties are annexed into Johnstown (Rieder Farm still in process) designated as "Holding Agriculture" until ready for development. The property is in the Downtown Development Area and slated for mixed-use/high density residential development. Town officials have indicated that they would like to see some commercial development to connect to the existing downtown area and residential that would be developed on this property. The property is walking distance from current Downtown and just down the road from new community recreation center. This is a rare opportunity to master plan a mixed use development connecting to a Downtown of a fast growing community in Northern Colorado. WATER: Along with the land, the property includes 1 share of Hillsborough Ditch Company along with 150 acre feet of potable water credit. Current water market in Johnstown is near $72,000/AF giving this water a retail value of over $10.8 Million for potable credits. Buyers interested in purchasing only one of the farms can inquire with listing broker about options seller will consider.
Location
Listing Source: IRES - Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. Copyright IRES. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Updated: 10th June, 2023 1:11 PM (UTC)
Listing Agent: Eric McCarty
Listing Office: Front Range Land&Water Consltg
Attribution contact: 9708335911
