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200-Acre Multi-Income Investment Property
For Sale
$3,999,500

21 ROAD 3160, Aztec, NM 87410

LAND - Aztec, NM

Property Size1,204 SF
Lot Size200.00 Acres
Price / SF$3,321
Days on Market400

Property Features for 21 ROAD 3160

General Information

Property type Land
Property subtype Other
Zoning description None/County, Rural/Agriculture, Mixed Use
Interior features Pantry
Elementary school Aztec Schools
Middle school Aztec Schools
High school Aztec Schools
Subdivision Aztec Hwy - Aztec
Standard status Active
Size 1,204 SF
Lot size 200.00 Acres

Taxes and HOA fees

Tax Description NE SW, W1/2 NW, SE NW 123012 BK.589 PG.266 NENW 123012 BK.416 PG.7 BK.727 PG.271 ESC BK.1470 PG.183
Tax Annual Amount 41747
Legal Description NE SW, W1/2 NW, SE NW 123012 BK.589 PG.266 NENW 123012 BK.416 PG.7 BK.727 PG.271 ESC BK.1470 PG.183

Utilities

Water source Well
Listing Agency: R1 New Mexico Farmington
Listed By: Doug Farley · License #REC-2022-0038
Added: Jul 9, 2025 Changed: May 13 Last Checked: Aug 12 at 3:06PM
MLS# 25-917

Copyright © 2026 San Juan County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 200-acre property, located between Farmington and Aztec in the Four Corners region, presents an opportunity for investors, developers, or agricultural buyers. The property features multiple income streams and development potential. A 62-acre gravel pit lease generates royalty income, with potential for a second gravel site. Forty acres of irrigated agricultural land, equipped with pressurized irrigation and side-roll sprinklers, provide seasonal income from a productive hayfield. Oil and gas royalties offer ongoing mineral income. The property includes a 1,204-square-foot, 1-bedroom home with handicapped amenities, an updated kitchen, appliances, custom cabinets, and Corian countertops, suitable for owner-occupancy or rental income. Two RV pads are currently rented, providing additional revenue. Vacant land offers room for expansion, hobby farming, or future development. The property is located in the Farmington/Flora Vista corridor with access to services and markets. Home operational costs are minimized with free propane refills. The property has mixed use and rural/agriculture zoning.

Key Highlights

  • Multiple Income Streams: Gravel pit lease, agriculture, oil/gas royalties, home rental, and RV pad rentals provide diverse revenue sources.
  • 200‑Acre Versatile Property: Offers a mix of gravel, irrigated agricultural land, and undeveloped acreage with development potential.
  • Gravel Pit Lease: A 62‑acre gravel pit generates reliable royalty income, with potential for a second site.

Property Analytics

Current Use

Farms

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Plumbing Service Storage Facility Furniture & Home Goods (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

36
Businesses Nearby

Demographics for 87410, NM

16,064
Population
6,402
Households
2.5
Avg Household Size
40
Median Age
17%
College-Educated
88%
High-School Grad
265.6 sq mi
ZIP Area
60
Density / Sq Mi
$51,283
Median Household Income
$31,436
Median Earnings
$802
Median Rent
$192,600
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Farm - Versatile property with gravel, agriculture, oil/gas, and development potential.
Where is this farm located?
The property is located at 21 ROAD 3160 Aztec, NM.
What is the asking price?
The asking price for this property is $3,999,500.
What are key features of this property?
This property features: Multiple Income Streams: Gravel pit lease, agriculture, oil/gas royalties, home rental, and RV pad rentals provide diverse revenue sources.; 200‑Acre Versatile Property: Offers a mix of gravel, irrigated agricultural land, and undeveloped acreage with development potential.; Gravel Pit Lease: A 62‑acre gravel pit generates reliable royalty income, with potential for a second site.
More about this property
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