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    21 Road 3160 Aztec, NM 87410

    For Sale
    $5,000,000

    Residential - Aztec, NM

    Lot size:
    200.00 Acres
    Days on Market:
    112
    Last Refresh:
    Dec 7 at 11:06 pm

    Property Features for 21 Road 3160

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Mixed Use,Rural/Agriculture
    Exterior features
    Fence
    Fencing
    Fenced
    Lot size
    200.00 Acres

    Building Details

    Architectural style
    Other

    R1 New Mexico Farmington (970) 946-6511 [email protected]

    Listing agent Shelbie DiGiacomo (505) 326-0110 License #REC-2022-0038

    Listing date Aug 18, 2025

    MLS# 25-917 Listing URL

    Copyright © 2025 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.

    Overview

    200-Acre Multi-Income Investment Property

    This 200-acre property, located between Farmington and Aztec in the Four Corners region, presents an opportunity for investors, developers, or agriculture-focused buyers. The property features a 62-acre gravel pit under lease, generating royalty income, with potential for a second gravel site. Additionally, there are 40 acres of irrigated agricultural land equipped with pressurized irrigation and side-roll sprinklers, offering seasonal income from a productive hayfield. The property also generates ongoing mineral income from oil and gas royalties. A 1,204 square foot homesite includes a 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. The mix of agricultural and undeveloped acreage allows for expansion, hobby farming, or future development. Home operational costs are minimized with free propane refills. The property is located in the Farmington/Flora Vista corridor, with access to services and markets.
    Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Auto Parts Store Kitchen & Bath Storage Facility Accounting Firm Discount Store Garden Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Aztec
    County
    San Juan
    State
    New Mexico
    Longitude
    -108.053665
    Latitude
    36.829272

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    FAQs

    What type of property is this?
    Farm - Versatile 200-acre property with multiple income streams 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 $5,000,000.
    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.
    (505) 326-0110
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    21 Road 3160 Aztec, NM 87410
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    Aztec, NM 87410
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    21 Road 3160 Aztec, NM 87410
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