15341 County Road V
About This Property
Please note that the property has experienced deferred maintenance and has not been maintained to the same condition as reflected in the prior listing or at the time of its previous sale. Buyers are encouraged to evaluate the property's current condition carefully and make their offer accordingly. Property is being offered in its present condition, with the value lying in the acreage, improvements, outbuildings, and tremendous potential this property continues to offer.
With 160 acres of usable land, multiple garages and workshop spaces, fenced pasture, stable and loafing shed, this property offers an outstanding opportunity for someone ready to bring it back to its full potential.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 20, 2026 | In contract | - | |
| In contract | |||
| Aug 12, 2026 | Listed | $550,000 | |
| Listed | |||
| Sep 10, 2025 | Sold | ||
| Sold | |||
| Jul 14, 2025 | In contract | - | |
| In contract | |||
| Apr 12, 2024 | Listed | $647,000 | |
| Listed | |||
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Located just 75 minutes from downtown Denver and DIA in beautiful Fort Morgan, Colorado, this stunning property offers a rare opportunity to own a piece of country paradise. Spread across 160 acres of usable land, this private property will be perfect for those seeking privacy, space, and endless possibilities.
Home is ready with new paint, new flooring, and new light fixtures.
The centerpiece of this property is the 1530sf Morton Building, a haven for car enthusiasts, hobbyists, or anyone in need of ample storage space. With enough room to accommodate multiple vehicles, equipment, and recreational gear, this structure offers endless potential for customization and utilization. Water, electricity, skylights, and a concrete floor make this ready for whatever you have in mind.
In addition to the Morton building, you'll find 2 newer detached 430sf garages, both with concrete floors and over sized doors.
There is also a stable to shelter your outside animals.
Despite its secluded setting, this property offers convenient access to amenities and attractions. Fort Morgan's growing downtown area, with its shops, restaurants, and cultural landmarks, is just a 15 minute drive away, providing the perfect balance of seclusion and convenience.
For those who need to work from home, 1GB Fiber Internet is in place, allowing you to work as if you were in the city!
Don't miss your chance to own this extraordinary property in Fort Morgan, Colorado. Whether you're seeking a peaceful retreat, a recreational haven, or a blank canvas for your dreams, this 160-acre estate with a massive garage awaits your discovery. Embrace the opportunity to make it yours and start living the life you've always imagined.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017