200-Acre Multi-Income Investment
For Sale
$3,999,500
21 ROAD 3160, Aztec, NM 87410
COMMERCIAL - Aztec, NM
Property Size1,204 SF
Lot Size200.00 Acres
Price / SF$3,321
Days on Market397
Property Features for 21 ROAD 3160
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
General Commercial, Rural/Agriculture, None/County
Security features
Security Lighting
Directions
Headed towards Aztec, North on NM HWY 516, TURN LEFT AT SMOKE SHOP, HOME IS ON THE LEFT. PROPERTY GOES ALL THE WAY BACK TO THE SECOND CATTLE GUARD
Subdivision
Aztec Hwy - Aztec
Standard status
Active
Size
1,204 SF
Lot size
200.00 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
NE SW, W1/2 NW, SE NW 123012 BK.589 PG.266
Tax Annual Amount
41747
Legal Description
NE SW, W1/2 NW, SE NW 123012 BK.589 PG.266
Building Details
Floors in Building
1
Listing Agency:
R1 New Mexico Farmington
(505) 326-0110
Listed By:
Doug Farley · License #41550
(970) 946-6511
Added: Jul 12, 2025
Changed: Aug 4
Last Checked: Aug 12 at 5:06PM
MLS# 25-919
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 agriculture-focused 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, offer seasonal income from a productive hayfield. Oil and gas royalties provide ongoing monthly cash flow. 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. 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.
Key Highlights
- Multiple income streams from gravel pit lease, irrigated agricultural land, and oil & gas royalties.
- 62‑acre gravel pit lease in place with potential for a second site.
- 40 acres of irrigated agricultural land with pressurized irrigation and side‑roll sprinklers.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
36
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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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 from gravel pit lease, irrigated agricultural land, and oil & gas royalties.; 62‑acre gravel pit lease in place with potential for a second site.; 40 acres of irrigated agricultural land with pressurized irrigation and side‑roll sprinklers.
