Farm With Agricultural Growing
For Sale
$950,000
366 & 362 Howell Road, Estancia, NM 87016
CommercialSale, Estancia, NM
Property SizeContact for details
Lot Size20.03 Acres
Days on Market56
Property Features for 366 & 362 Howell Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
AP
Parking
3
Directions
Follow I-40 East to Moriarty; take exit 196 into Moriarty. Follow NM-41 for 14 miles, then take a right onto Co RD A038. Follow this road for 3.5 miles, then the home is on the left.
Subdivision
292 - Estancia McIntosh
Standard status
Active
APN
R026072
Lot size
20.03 Acres
Taxes and HOA fees
Tax Annual Amount
3085
Utilities
Heating system
Natural Gas
Building Details
Floors in Building
1
Building materials
Frame, Stucco
Listing Agency:
LPT Realty
(877) 366-2213
Listed By:
Vertical Real Estate
(505) 271-8200
Added: Jul 30
Changed: Sep 21
Last Checked: Sep 23 at 12:06PM
MLS# 1111330
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 combined agricultural property spans 20.03 acres across two parcels at 362 and 366 Howell Road. The offering includes a 2,334-square-foot growing facility with LED grow lighting, Wi-Fi-controlled mini-split climate equipment, humidifiers, a dedicated water pump, electrical infrastructure designed for single-phase to three-phase conversion, and a dedicated backup generator. The property also includes a single-story three-bedroom residence with a flex room, two full baths, one half bath, tile flooring, granite countertops, paid-off solar, natural gas, a NuvoH2O water system, and a roof replaced in 2024.
Agricultural and ranch improvements include a hay barn, livestock stalls with water access, chicken coop, powered shed/shop, storage areas, and a detached insulated garage/workshop with an additional half bath. Water resources include approximately 17.7 acres of irrigation water rights, 44.25 acre-feet of diversion, and three wells. The property is zoned AP-5 and includes dedicated backup power for both the residence and growing facility.
Agricultural and ranch improvements include a hay barn, livestock stalls with water access, chicken coop, powered shed/shop, storage areas, and a detached insulated garage/workshop with an additional half bath. Water resources include approximately 17.7 acres of irrigation water rights, 44.25 acre-feet of diversion, and three wells. The property is zoned AP-5 and includes dedicated backup power for both the residence and growing facility.
Key Highlights
- 20.03 combined acres across two properties at 362 and 366 Howell Road
- Approximately 2,334 sq. ft. purpose‑built agricultural growing facility
- Approximately 17.7 acres of irrigation water rights with 44.25 acre‑feet of diversion
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Farm - Combined acreage includes a residence, ranch improvements, irrigation resources, and a purpose-built controlled growing facility.
Where is this farm located?
The property is located at 366 & 362 Howell Road 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: 20.03 combined acres across two properties at 362 and 366 Howell Road; Approximately 2,334 sq. ft. purpose‑built agricultural growing facility; Approximately 17.7 acres of irrigation water rights with 44.25 acre‑feet of diversion
