

Listed by Vip Real Estate
$1,900,000
21550 Hanover Road
Details
APN 37000-00-015
Property Type Multifamily, Land
Sub Type Farm
Square Footage 5,410
Price per SqFt $351
Year Built 1913
Buildings 3
Acreage 160.000
Zoning A-35
Parking Spaces 6 spaces
Parking Per SqFt 1.11
Multifamily
Marketing description
Farm & Homestead opportunity: 160 acre turn key fully functional farm with THREE homes in Colorado Springs’ Pikes Peak Enterprise Zone, new owner can receive substantial tax credits for various economic development activities! Extensive list of structures and equipment included! Main Farmhouse is 3 bed 2 bath, 2,620 sf. The Cottage home is 1 bed 1 bath and 510 sf. The NEW manufactured home, completed January 2025, is 4 beds, 3 baths, and 2,280 sf – plus 3 campers for seasonal employees! Major features include a 20,000 sf Pole Barn (5 yrs old), 11 greenhouses totaling over 36,000 sf completed in 2019 with LED lighting, several other barns & steel buildings, multiple storage sheds, and a steel silo/storage building. Irrigation for 120 acres of the crop producing acreage is provided by a center pivot and drip irrigation, fed by 2 new well pumps. An extensive list of equipment includes tractors, Swathers, Mowers, Cultivators, drip irrigation row makers & removers, cultipackers, air compressors, and more – see brochure for complete list. Newer upgraded electrical service to many structures and internet is available in all 3 homes and the pole barn. Six frost-free water hydrants protect your assets. Situated about 40 min southeast of Downtown Colorado Springs (17 miles east of Pikes Peak Int’l Raceway), this ready-to-operate farm is the perfect opportunity to create a profitable and self sustaining life and still remain close to town. Two years ago, a tenant farmer attained the “Certified Organic Status”, new owner can achieve as well. Water by domestic well & water shares through AGRA. Shown by appointment, seller financing available. See supplements for complete inclusion list and information on Enterprise Zone benefits.
Listing Contacts


Listed by Vip Real Estate
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Title
Is there information that looks off?






























