0 County Road 43, Hudson, CO 80642

Construction should begin in 2026 for a 1,000-acre 220 MW solar farm.  The estimated revenue from the solar will begin in 2026 at $540,000/year and will increase to $2,062,000/year by 2051. The east 320 acres is zoned I-3 and has a lease on 80 acres for $156,572/year with 3% escalator.  Year 6 into a 30-year lease.  At the end of the lease, Magellan can purchase 80 acres for $1.5mm.  The balance of the 236 acres includes a United Power lease of roughly 28 there is a substation on this piece.  This lease brings in $23,625 per year with an escalator on a 100-year lease.  There is one irrigation well and one pivot on the 236 acres, part of this property is in the 100-year floodplain.  This farm also gets the 2.5% UPRR override mineral payment. The west farm includes a decree for 617-acre feet of Denver Basin water that is approved for export off the farm.  There is also a water loadout facility included in the sale.  The seller will need to rent back 17-acre feet on a long-term basis.  All oil, gas, and mineral rights shall transfer to Buyer.