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Fenced Farmland with Shop
For Sale
$195,000

235 Riley Road, Estancia, NM 87016

Land, Estancia, NM

Property SizeContact for details
Lot Size50.00 Acres
Days on Market232

Property Features for 235 Riley Road

General Information

Property type Land
Property subtype Other
Zoning description RR
Exterior features PropaneTankOwned
Fencing Fenced
Subdivision LANDS OF GORTON and LANDS OF EBLING
Lot features Views, Acreage
Directions From the intersection of Hwy 41 and Hwy 55 in Estancia, go West on Hwy 55 for 8.3 miles to Riley RD. Turn South on Riley Rd and the entrance gate is 2.3 miles on the West side of the road. Look for the sign.ORFrom the intersection of Hwy 337 and Hwy 55 go East on Hwy 55 for 2 miles to Riley RD. Turn South on Riley Rd and the entrance gate is 2.3 miles on the West side of the road. Look for the sign.
Standard status Active
APN R023258
Lot size 50.00 Acres

Taxes and HOA fees

Tax Description S: 28 T: 6N R: 7E Tr E-1 (10Ac) & Tr E-2 (10Ac) Within Se4ne4, Survey B/170, Lands Of Gorton SurveyAndS:28 T:6N R:7E Tr B-1 (9.952Ac), B-3 (10.017Ac) & B-4 (9.949Ac) Within Ne4ne4, Survey C/206 -Lands Of Valgene Ebeling
Tax Annual Amount 135
Legal Description S: 28 T: 6N R: 7E Tr E-1 (10Ac) & Tr E-2 (10Ac) Within Se4ne4, Survey B/170, Lands Of Gorton SurveyAndS:28 T:6N R:7E Tr B-1 (9.952Ac), B-3 (10.017Ac) & B-4 (9.949Ac) Within Ne4ne4, Survey C/206 -Lands Of Valgene Ebeling

Utilities

Utilities Propane
Water source Private, Well
Listing Agency: Berkshire Hathaway NM Prop · Berkshire Hathaway HomeServices
Listed By: Sam C Swari · License #47803
Added: Feb 3 Changed: Sep 12 Last Checked: Sep 23 at 10:06AM
MLS# 1098261

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 50-acre agricultural property is fully fenced and includes a pipe entry with a gate. A 30x50 shop provides concrete floors, insulated exterior walls, open rafters, and a small finished area suitable for office or storage use. The building is configured for practical equipment, storage, or workspace needs.

Water is supplied by a private 3 acre-foot domestic/livestock well with newer plumbing and a pressure tank serviced or replaced in late January of 2026. Propane service and an owned propane tank are also present. The property fronts a paved road near Estancia, with a stated 45-minute drive to Albuquerque. Views toward the Manzano Mountains and New Mexico sunsets add to the rural setting.

Key Highlights

  • 50 acres of agricultural land in Torrance County
  • 30x50 shop with concrete floors, insulated walls, and open rafters
  • Fully fenced acreage with pipe entry and gate

Property Analytics

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Current Use

Agricultural land / Farmland

Lease Details

Yes
Fenced yard
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

Demographics for 87016, NM

3,091
Population
1,390
Households
2.2
Avg Household Size
44
Median Age
11%
College-Educated
90%
High-School Grad
582.6 sq mi
ZIP Area
5
Density / Sq Mi
$44,129
Median Household Income
$30,879
Median Earnings
$823
Median Rent
$117,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - Fenced agricultural land with a usable shop, private well, and paved-road access.
Where is this agricultural land / farmland located?
The property is located at 235 Riley Road Estancia, NM.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: 50 acres of agricultural land in Torrance County; 30x50 shop with concrete floors, insulated walls, and open rafters; Fully fenced acreage with pipe entry and gate
More about this property
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