Farm Property with Growing
New
For Sale
$950,000
366 & 362 Howell Rd, Estancia, NM 87016
AP-5 zoning, irrigation rights, wells, and production improvements support agricultural and rural residential uses.
Property Size2,814 SF
Price / SF$337.60
Days on Market3
Property Features for 366 & 362 Howell Rd
General Information
Standard status
Active
Size
2,814 SF
Listing Agency:
LPT Realty
Listed By:
Vertical Real Estate
(505) 271-8200
Source:
Myabqhomesearch
Added: Sep 21
Changed: Sep 23
Last Checked: Sep 22 at 3:25PM
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
Investment Insights
Based on property information with market context.
This combined agricultural property includes 20 acres across two parcels at 362 and 366 Howell Road, with a 2,334-square-foot controlled growing facility, a three-bedroom residence, and established ranch improvements. The production building includes LED grow lighting, Wi-Fi-controlled mini-split equipment, humidifiers, an electric water heater, a dedicated pump, conversion-ready electrical infrastructure, and backup power. The residence offers two full baths, one half bath, a flex room, tile flooring, granite countertops, paid-off solar, natural gas, and a roof replaced in 2024.
Agricultural and rural improvements include three wells, livestock stalls with water, a hay barn, chicken coop, powered shed/shop, storage areas, and a detached insulated garage/workshop with an additional half bath. The property includes approximately 17.7 acres of irrigation water rights with 44.25 acre-feet of diversion. Zoned AP-5, the offering combines residential accommodations, agricultural infrastructure, water resources, and dedicated power systems.
Agricultural and rural improvements include three wells, livestock stalls with water, a hay barn, chicken coop, powered shed/shop, storage areas, and a detached insulated garage/workshop with an additional half bath. The property includes approximately 17.7 acres of irrigation water rights with 44.25 acre-feet of diversion. Zoned AP-5, the offering combines residential accommodations, agricultural infrastructure, water resources, and dedicated power systems.
Key Highlights
- 20 combined acres across 362 and 366 Howell Road
- Approximately 17.7 acres of irrigation water rights with 44.25 acre‑feet of diversion
- 2,334 sq. ft. purpose‑built growing facility with LED lighting and controlled climate equipment
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Business Placement
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 - AP-5 zoning, irrigation rights, wells, and production improvements support agricultural and rural residential uses.
Where is this farm located?
The property is located at 366 & 362 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 362 and 366 Howell Road; Approximately 17.7 acres of irrigation water rights with 44.25 acre‑feet of diversion; 2,334 sq. ft. purpose‑built growing facility with LED lighting and controlled climate equipment
