Located just north and east of Flagler, Colorado, in Kit Carson County, this excellent 144.7-acre farm offers a compelling opportunity for both operators and investors. Legally described as the Northwest Quarter of Section 31, Township 8 South, Range 50 West, the property features productive dryland acreage with predominantly Class III soils and a proven farming history. Approximately 63% base acres combined with high PLC yields provide added program value, supporting long-term productivity and income potential. The farm is currently cash-leased for the 2026 wheat crop; the seller will retain the cash lease. Possession of the fallow will be granted upon conclusion of the auction, with execution of the sales contract, and deposit of earnest money, subject to the existing lease. This property will be offered via online-only auction beginning May 15, 2026, at 2:00 PM Mountain Time and closing May 20, 2026, at 2:00 PM Mountain Time with a soft close. Held in the same family since 1998, this tract has been well-maintained and is conveniently located within 2 miles of Flagler, providing easy access to local grain markets and services.