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Farm with Growing Facility

362 & 366 Howell Rd, Estancia, NM 87016

For Sale
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Two adjoining properties combine a residence, ranch improvements, irrigation water rights, wells, and a specialized agricultural production building.

Property SizeContact for details
Days on Market26

Property Features for 362 & 366 Howell Rd

General Information

Standard status Active
Property subtype Land
Listing Agency: LPT Realty
Listed By: Mario Zaragoza · License #50385
Source: Crexi
Added: Oct 15 Changed: Nov 8 Last Checked: Nov 8 at 3:12PM

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 LPT Realty

Rey
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The combined farm spans 20 acres across two properties. One parcel includes a single-story residence with three bedrooms, a flex room, two full bathrooms, and one half bath. A hay barn, livestock stalls with water access, chicken coop, powered shed and shop, storage areas, and a detached insulated garage/workshop with another half bath support the residential acreage. The home also has paid-off solar, natural gas, and a backup generator; its roof was replaced in 2024.

The second property contains an approximately 2,334-square-foot growing facility equipped with LED grow lights, Wi-Fi-controlled mini-split climate systems, humidifiers, an electric water heater, a dedicated water pump, and a backup generator. Its electrical infrastructure is designed to support conversion from single-phase to three-phase power. Three wells serve the two properties.

The offering includes approximately 17.7 acres of irrigation water rights with 44.25 acre-feet of diversion. The property is zoned AP-5 and is located on Howell Road in Estancia, New Mexico.

Key Highlights

  • 20 combined acres across two properties
  • Approximately 17.7 acres of irrigation water rights with 44.25 acre‑feet of diversion
  • Three wells across the properties

Property Analytics

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Current Use

Ranches

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
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Frequently Asked Questions

What type of property is this?
Farm - Two adjoining properties combine a residence, ranch improvements, irrigation water rights, wells, and a specialized agricultural production building.
Where is this farm located?
The property is located at 362 & 366 Howell Rd Estancia, NM.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 20 combined acres across two properties; Approximately 17.7 acres of irrigation water rights with 44.25 acre‑feet of diversion; Three wells across the properties
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