Farmland with Highway
State Highway 55 - Land Estancia, NM 87016
State Highway 55 - Land, Estancia, NM, 87016
$695,000
For Sale
$695,000
LAND - Estancia, NM
Lot Size640.00 Acres
Days on Market183
Property Features for State Highway 55 - Land
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Active
- APN
- 1043035130133000000
- Lot size
- 640.00 Acres
Taxes and HOA fees
- Tax Annual Amount
- 54
Utilities
- Water source
- Well, Private
Building Details
- Additional Structures
- Outbuilding
Listing agency
The Sanchez Group Realty
(505) 384-3042
Listed by
Clint Hanley · License #REC20220063
(509) 314-5002
Added: Jan 21 Updated: Jul 21 at 9:48PM Checked: Jul 23 at 5:06AM
MLS# 1097498
Copyright © 2026 Southwest MLS. 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 offering is approximately one square mile of agricultural land totaling about 640 acres. The property is fenced on all four sides for contained livestock use, and it includes three wells (buyer to verify condition). There are also two double-car cement block garage/shops on site. The original homestead building is not salvageable.
Access includes frontage on NM Highway 55 on one side, with the other three sides served by gravel county roads. The layout is designed for long stretches of privacy and self-contained use, with the ability to spend time on-site without leaving the property.
For ranch operators or land buyers planning an agricultural operation, the combination of acreage, existing perimeter fencing, and multiple wells supports starting or expanding cattle ranch activities. The on-site garage/shops provide enclosed space for equipment and ranch storage, while the lack of a salvageable homestead means future improvements will be needed based on the buyer’s intended build plan.
Access includes frontage on NM Highway 55 on one side, with the other three sides served by gravel county roads. The layout is designed for long stretches of privacy and self-contained use, with the ability to spend time on-site without leaving the property.
For ranch operators or land buyers planning an agricultural operation, the combination of acreage, existing perimeter fencing, and multiple wells supports starting or expanding cattle ranch activities. The on-site garage/shops provide enclosed space for equipment and ranch storage, while the lack of a salvageable homestead means future improvements will be needed based on the buyer’s intended build plan.
Key Highlights
- ~640‑acre property (about one square mile) with NM Hwy 55 frontage on one side
- Water source includes 3 wells on the property (buyer to verify condition)
- Includes 2 double‑car cement block garage/shops
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Ranch - Fenced farmland features three wells and multiple cement block garage-shops with access via highway frontage.
Where is this ranch located?
The property is located at State Highway 55 - Land Estancia, NM.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: ~640‑acre property (about one square mile) with NM Hwy 55 frontage on one side; Water source includes 3 wells on the property (buyer to verify condition); Includes 2 double‑car cement block garage/shops