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Farm Property with Growing Facility

366 & 362 Howell Rd, Estancia, NM 87016

For Sale
$950,000

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 Market90

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
Source: Myabqhomesearch
Added: Aug 12 Changed: Nov 1 Last Checked: Nov 8 at 7:31AM

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

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Investment Insights

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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.

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

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 - 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
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