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Status: Active

12815 N Yoder Rd 
Calhan, CO 80808

$1,695,000

------/mo*
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Welcome to the Chapman Ranch! Located only minutes to Calhan, Colorado and an easy drive to Colorado Springs, this Colorado Centennial Ranch offers a mix of historical character and a steady investment cash flow through wind lease, grazing and rental income. In 1885 Samuel Chapman, at the age of 15, left Ames, Iowa to settle in Colorado and by 1895 had acquired acreage in El Paso County near Calhan through the Homestead Act. The Ranch was designated as a Colorado Centennial Ranch in 2006 and descendants of Samuel Chapman still own the Ranch today. The Ranch presents a unique investment opportunity for a future owner with multiple sources of income and development potential. The property offers a combination of agricultural use, long-term wind lease income, and future residential development if desired. The Ranch has a quaint farmhouse originally built in 1920. The home is structurally sound but will need renovation and updating dependent on a future owner's needs. In addition, the property has an extensive set-up of pipe corrals and working facilities including loafing areas, a small barn, and several sheds. The land has extensive road frontage along two county-maintained gravel roads which offers future flexibility to pursue development opportunities. The Ranch is being sold with a long-term wind lease and all contracts will convey to a new owner as part of a sale. There are 4 windmills under active lease contracts generated annual income through 2045. This area along the eastern plains of Colorado has been very active in renewable energy development with turbines on this property and adjoining properties. Future expansion of energy development in both wind and solar are possible. There is both a transmission line and substation along the southern border of this property. A full breakdown of the current lease and annual income is available to qualified buyers.
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Bedrooms
2
Baths
1
House Size
1,586 sqft
Year Built
1920
Lot Size
960 ac
School District
Calhan RJ1

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Location

Market Insights

In the last 30 days, homes for sale in 80808, Calhan, CO were on the market for a median of 90 days and 0% of homes sold above list price.

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Interior Information

basement
Partial
heating
Forced Air
view
Mountain(s)

Exterior Information

roof
Shingle

Property Information

architectural style
1.5 Story
construction
Metal Siding
parking
Attached
  • Listed By Jeff Switzer ALC
  • jswitzer@rmranchland.com
  • Rocky Mountain Ranch & Land LLC
  • (719) 471-3131
  • MLS 3628995

Tax History

Date

Property Tax

Land

Additions

Tax Assessment

2020$1,080$37,861$62,949$100,810

Tax data provied by Attom


Monthly Payments Calculator

Estimated Monthly Cost

$9,321

30 year fixed·6.9% interest rate
Principal & Interest
$8,931
Property Taxes
$90
Home Insurance
$300
HOA Fees
$0
%

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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

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