Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Farm Land with Water Rights Title is generated by Realmo AI

    9125 SE Highway 549, Deming, NM 88031

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $795,000

    397 acres farm with water rights for sale.

    Type:Farm
    Lot size:
    397.00 Acres
    Added:
    Nov 4, 2021
    Days on Market:
    1662
    Last Refresh:
    Apr 1 at 9:11 pm

    Property Features for 9125 SE Highway 549

    General Information

    Standard status
    Active
    Lot size
    397.00 Acres
    Property subtype
    Farm

    We can help!

    Listing Contact
    Keith Brownfield
    Keith Brownfield

    Listing agent Keith Brownfield

    Listing office BHGRE Steinborn & Associates

    Listing date Nov 4, 2021

    Source Xome

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of BHGRE Steinborn & Associates

    HighLights

    • 397 acres +/- of deeded land and 510 acres +/- of NM State lease.
    • Two irrigation wells, one recently overhauled, the other replaced and blown out to 300 feet.
    • Significant investment of $45,000 in well improvements.
    • Livestock fencing (Barbed Wire, Full, Wire).
    • Includes barn and workshop.
    • Guest Facilities: 3

    Overview

    This farm property includes 397 acres of deeded land, in addition to 510 acres under a New Mexico State lease. The property features two irrigation wells. One well has been completely overhauled, and the newer well has been replaced and blown out to a depth of 300 feet. The owner has invested a combined total of $45,000 in these well improvements. A windmill is also located on the property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Deming
    County
    Luna
    State
    New Mexico
    Longitude
    -107.6294578
    Latitude
    32.2468368

    Nearby Similar for Sale

    • $1,500,000
      6,500 SF

      Deming Medical Clinic For Sale

      6,500 SF medical clinic and urgent care center.
      1511 Lime Street, Deming, NM 88030
      View Details
    • $895,000
      124,800 SF

      Deming Warehouse Opportunity For Sale

      Two-building warehouse totaling 124,800 SF on 12.24 acres.
      2700 SE Atlantic Way, Deming, NM 88030
      View Details
    • $224,648
      1,476 SF

      Deming Commercial Building For Sale

      Commercial building in Deming, NM, suitable for various businesses.
      900 W Birch Street, Deming, NM 88030
      View Details
    • $145,000
      2,464 SF

      Downtown Commercial Property with History

      2,464± sq ft commercial property in downtown Deming, NM.
      212 S Copper Street, Deming, NM 88030
      View Details
    • $1,495,000

      Sustainable Off-Grid Desert Retreat

      337-acre sanctuary with luxury residences and sustainable features near Deming.
      12710 Lucca Rd SW, Deming, NM 88030
      View Details
    • $499,000
      1,733 SF

      Deming Office Space For Rent

      Office space with versatile layout available for rent.
      405 E Florida St, Deming, NM
      View Details
    • $320,000
      3,367 SF

      Deming NM Commercial Property

      3,367 SF property on 0.3 acres in Deming, NM.
      306 S Copper St, Deming, NM
      View Details
    • Contact for pricing
      1,886 SF

      Convenience Store with Development Potential

      Turnkey business opportunity with redevelopment potential in Deming, New Mexico.
      4401 E Pine St, Deming, NM 88030
      View Details
    • $167,244
      1,848 SF

      Deming Educational Facility For Sale

      Move-in ready daycare/preschool or adaptable for other professional services.
      720 S Nickel St, Deming, NM
      View Details
    • $15,560,000

      Income Producing Pecan Orchard

      459 acres of pecan trees near Deming, New Mexico.
      480 Solana Rd SW, Deming, NM
      View Details
    • $325,000
      4,162 SF

      Deming Storefront in High-Visibility Location

      Spacious commercial building in Deming's downtown business district.
      115 S Silver Ave Avenue, Deming, NM 88030
      View Details
    • $1,800,000

      Dream Catcher RV Park

      107-site RV park in Deming, New Mexico, off I-10.
      4400 E Pine St, Deming, NM 88030
      View Details

    FAQs

    What type of property is this?
    Farm - 397 acres farm with water rights for sale.
    Where is this farm located?
    The property is located at 9125 SE Highway 549 Deming, NM.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: 397 acres +/- of deeded land and 510 acres +/- of NM State lease.; Two irrigation wells, one recently overhauled, the other replaced and blown out to 300 feet.; Significant investment of $45,000 in well improvements.
    (575) 522-3698
    We can help!
    Listing Contact
    Keith Brownfield
    Keith Brownfield
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    9125 SE Highway 549, Deming, NM 88031
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!