M2 Highway 86 Ranch

397 acres with over 2100 feet of State Highway 86 frontage and over 2350 feet of County Road frontage. Partially located in the Elbert County Economic Development Zone (EDZ). Prime opportunity for commercial, mixed use or residential development. Land 397 acres located along State Highway 86 just 2.4 miles west of Kiowa, Colorado with over 2100 feet of State Highway 86 frontage and about 1/2 mile of County Road 33 frontage. Located in the Elbert County Economic Development Zone (EDZ). Rolling hills and level ground describe this expansive parcel. Currently used as a cattle ranch with a home and supporting outbuildings, corrals and water infrastructure, but located in a prime area for development. The land is well sodded grassland and there is a good water well and several runoff ponds. A parcel of this size and scope along Highway 86 is almost impossible to find. Here is your chance to create a residential, commercial or mixed use development. Across the Highway and next door are several commercial lots and existing development. Included in the area are two concrete plants, RV and boat storage, RV retail, a propane company, and other businesses. Improvements The home was built in 1948 and has a new roof and exterior paint, windows and doors and is water tight. The interior has been gutted and is ready for your ideas. Its a 3 bed, two bathroom two story with a full basement. There are 4 large modern loafing sheds incorporated with an expansive corrals system for livestock protection. The property has an old silo, and several other sheds and outbuildings. The water well services the home and pastures. Recreation The area is known for its Mule Deer and Pronghorn populations. The deep draws on the property hold trophy Muley's and Antelope are abundant. Additionally, the property holds predators, such as coyote and fox and various small game animals and birds. The equine ranch possibilities are endless with 397 acres of open land for exploration. The property sits next to Messer arena, an indoor arena that hosts roping and other equine events. Water/Mineral Rights & Natural Resources The water rights are available to have basin determinations completed. The seller appears to have 1/2 of the mineral rights and will convey along with the surface at closing. Region & Climate Kiowa is the county seat of Elbert County, Colorado. Kiowa boast numerous local activities, such as the annual county fair, rodeos, social activities and other activities. Area rainfall averages about 18 inches of rain per year, with May typically being the wettest month. The area receives heavy snowfall, averaging around 77 inches per season but with abundant clear skies, averaging roughly 243 to 246 sunny days per year. Location Located just 2.4 miles west of Kiowa and 9.5 miles east of Elizabeth Colorado, the property is ideally located along State Highway 86 between Elbert County's two largest and growing communities. Elbert County is southeast of the Denver Metro area and is becoming increasing popular for front range commuters. The property is located 54 miles from Denver International Airport and 49 miles from Colorado Springs Airport. The Denver Tech Center is located 41 miles northwest of the property. Castle Rock is 25 miles and Parker is 27 miles from the property.