Prime location sitting on highway 86! Mixed use land opportunity with over 51 fully fenced usable acres. As part of Elbert Counties Economic Development Zone or EDZ, this property is a rare find. The lot can be subdivided into 10-acre parcels or used for many different types of investment use. Another benefit is the connection to natural gas and electricity. Just 2 miles east of downtown Elizabeth and 4 miles west of Kiowa, accessed by a State maintained highway. Buyer will receive Half Ownership of mineral rights and 3-acre feet of Upper Dawson water rights which will be transferred with the sale. Included is a very well maintained and clean existing two-bedroom home with kitchen, living room, dining room, large bathroom, washer/dryer hookups, and basement. The home is move-in ready, or a perfect location for an on-site office or commercial use. Additional structures include a 2-car garage with additional storage space, 4 stall horse barn, pole barn, and silo.