Pekarek Farms, located in Kit Carson County, will be offered in 11 tracts ranging from 5.93 acres m/l to 629 acres m/l

(Clive, Iowa) – Peoples Company, a leading provider of land brokerage, management, investment and appraisal services in 27 states, today announced the auction of the Pekarek Farms, a coveted collection of 11 land tracts, which collectively total 3,186.66 acres m/l in Kit Carson County, Colorado, near Burlington, Colorado. The property has exceptional water rights, which authorize over 2,400 acres m/l to be irrigated through 17 well-maintained pivots. The farm boasts an updated farm headquarters with 146,300 bushels of grain storage and a large storage building.

The auction will occur on Wednesday, November 10, 2021, at 10:00 AM (MT) at the Burlington Community Center, 340 South 14th Street in Burlington, Colorado. The farm will be offered in 11 tracts ranging from 5.93 acres m/l to 629 acres m/l via the multi-parcel auction format where tracts can be purchased individually or in any combination.

Located in a Qualified Opportunity Zone (QOZ) as designated by the United States Congress, the property offers the opportunity for preferential tax treatment. In addition, with high voltage transmissions lines nearby, the farm offers potential buyers with a prime opportunity for wind and solar energy production.

Recreation opportunities are abundant with potential revenue coming from private and public hunting land leases. Native grass, pasture and farmland of the area provide ideal habitat for numerous species, including white tail deer, mule deer and pheasants, among many others.

“Across the country, farmers and investors are increasingly finding productive land like the Pekarek Farms as reliable and high-yield investment vehicles,” said Peoples Company President Steve Bruere. “These eleven tracts will bring strong interest because of their exceptional water rights with well-maintained wells, access to grain markets, recreation opportunities and its location in an Opportunity Zone.”

Configuration and individual tract details are available online at http://www.PekarekFamilyAuction.com. The details online include all 11 tracts’ water rights, crop history and yields, placement of wells, farm program information, and tillable soils maps.

Buyers may bid on any tract or combination of tracts. All bidders must register with Peoples Company and receive a bidder number prior to bidding at the auction. A 10% earnest money payment will be required on the day of the auction for each tract’s winning bid. Closing is estimated to occur on or about December 10, 2021.

For information on Peoples Company, visit http://www.PeoplesCompany.com. For more information on Pekarek Farms and the auction, please contact Jared Chambers at Jared@PeoplesCompany.com.