Development or Farm and Ranch Property in Hotchkiss, Colorado For Sale. 30 acres of Agricultural property with extensive development potential, situated just inside the city limits of Hotchkiss. Identified as one of the expansion areas for the town of Hotchkiss, Colorado, it comes with 13 shares of the Short Ditch Water Company, one of the most senior water rights in the entire valley.Also includes 1.0 cfs of year-round spring water running on the northern boundary of the property. The Town of Hotchkiss recently extended water and sewer lines to serve this location, anticipating future growth in this identified expansion area, making this is a prime location for future development. In the meanwhile, the property can continue in its agricultural use, guaranteeing low taxes in the interim. The acreage is adjacent to BLM lands to the South. With the Western Slope ofColorado expanding rapidly, development areas and housing are becoming a looming concern. The appeal of the lifestyle offered in the North Fork Valley draws many, from the beautiful orchards and vineyards to the outdoor recreational draws off ishing, hunting, four wheeling, mountain biking, snowmobiling, or cross country skiing, the North Fork Valley has it all.The town of Hotchkiss has identified areas of expansion for the growing town. This parcel is identified in the expansion area.With no development currently on the property, this is a premiere property in a prime location. Less than a 1/2 mile from town limits, and less than a mile from Hotchkiss High School. New ILC survey from July of 2017. Great development or agricultural property, locate a hemp farm or commercial facility here, a great location situated between Hotchkiss, Paonia, and Crawford farming and ranching communities.