This Central New Mexico 160 acre-farm/grassland is located in the heart of New Mexico's farm and ranch country. The property just south of Estancia, NM, has 99.55 acre feet of licensed water rights on 39.82 acres and 120.18 acres of grassland. The property is fully fenced, access is via easement and there is an old natural gas powered irrigation well that may not have viable water. Seller makes no guarantee or warranty for condition of the irrigation well. This is a good property for an agribusiness or a hemp/cannabis grow. Platted survey has just been completed, see the DOCUMENTS tab for recorded plat. 60 minutes to Albuquerque and 90 minutes to Santa Fe.
Price
$200,000
Lands of Schollett & Leach
Torrance
1043143
Active
Description
This Central New Mexico 160 acre-farm/grassland is located in the heart of New Mexico's farm and ranch country. The property just south of Estancia, NM, has 99.55 acre feet of licensed water rights on 39.82 acres and 120.18 acres of grassland. The property is fully fenced, access is via easement and there is an old natural gas powered irrigation well that may not have viable water. Seller makes no guarantee or warranty for condition of the irrigation well. This is a good property for an agribusiness or a hemp/cannabis grow. Platted survey has just been completed, see the DOCUMENTS tab for recorded plat. 60 minutes to Albuquerque and 90 minutes to Santa Fe.
Listing Information
Property Type: Land, Other
160.32 Acres
Agricultural, Unimproved
6N//
Lands of Schollett & Leach
Other, See Remarks, Well
None
Natural Gas Available, Sewer Not Available
Agricultural, Unimproved
Neighborhood
Room Information
Exterior / Lot Features
AP
Level, Meadow, Split Possible, Views
Driving Directions
In Estancia proceed to Highway 55 travel west approximately 2 miles to Metzger Rd turn left (south) proceed 2 miles to a farm gate on the left (east), see my directional sign. The gate is not locked and is easement access, close the gate behind you as cattle may be grazing. Proceed .2 mile to a second farm gate, also not locked, close the gate behind you. This is the subject property, see my sign near the gate.
Financial Considerations
104603326516000
$109
Cash, Conventional
Listing Price History
Estancia Real Estate
Estancia is located in New Mexico.
Estancia, New Mexico 87016 has a population of 1,602.
The median household income in Estancia, New Mexico 87016 is
$35,010.
The median household income for the surrounding county is $38,828
compared to the national median of $66,222.
The median age of people living in Estancia 87016 is 42 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
Street Address
City
Beds
Baths
Sold Price
Sold Date
No information is available for recently sold properties within this search.