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    Highway 304 Veguita, NM 87062

    For Sale
    $1,092,510

    LAND - Veguita, NM

    Lot size:
    54.90 Acres
    Days on Market:
    53
    Last Refresh:
    Dec 6 at 10:06 pm

    Property Features for Highway 304

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    0390030049
    Lot size
    54.90 Acres

    Utilities

    Water source
    Well

    Century 21 Champions Inc. (505) 440-0515 [email protected]

    Listing agent Nancy A Montoya (505) 480-2121 License #6751

    Listing date Oct 15, 2025

    Copyright © 2025 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.

    Overview

    Veguita, NM Irrigated Land

    This property features 54.9 acres of irrigated land situated in Veguita, New Mexico. The land benefits from MRGCD irrigation rights and a concrete ditch. Electricity is available on the property, which also includes a well and pump house. The property, comprising two parcels, allows for horses. The location offers views and a country living environment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Veguita
    County
    Socorro
    State
    New Mexico
    Longitude
    -106.774841
    Latitude
    34.471802

    FAQs

    What type of property is this?
    Ranch - 54.9 acres of irrigated land with MRGCD rights.
    Where is this ranch located?
    The property is located at Highway 304 Veguita, NM.
    What is the asking price?
    The asking price for this property is $1,092,510.
    What are key features of this property?
    This property features: - Irrigated land with MRGCD irrigation rights and concrete ditch.; - Enjoy gorgeous views and country living.; - Electricity on the property.
    (505) 480-2121
    Request Owner's contact information
    Highway 304 Veguita, NM 87062
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    Highway 304
    Veguita, NM 87062
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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
    Highway 304 Veguita, NM 87062
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