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Farm with Growing Facility

366 & 362 Howell Road, Estancia, NM 87016

For Sale
$950,000

Commercial Sale, Estancia, NM

Property SizeContact for details
Lot Size20.03 Acres
Days on Market103

Property Features for 366 & 362 Howell Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning ABQ Bernalillo
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 Description '' S: 29 T: 7N R: 8E Lot 6-B Within Ne4ne4, Survey H/138 -Lands Of Bill & Della Bennett (5.245Ac) ''
Tax Annual Amount 3085
Legal Description '' S: 29 T: 7N R: 8E Lot 6-B Within Ne4ne4, Survey H/138 -Lands Of Bill & Della Bennett (5.245Ac) ''

Building Details

Floors in Building 1
Listing Agency: LPT Realty
Listed By: Vertical Real Estate
Added: Jul 30 Changed: Oct 30 Last Checked: Nov 9 at 7:06AM
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.

Rey
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Investment Insights

Based on property information with market context.

This 20.03-acre farm consists of two properties with three wells and irrigation water rights covering approximately 17.7 acres, with 44.25 acre-feet of diversion. A 2,334-square-foot agricultural growing building is equipped with LED grow lights, a Wi-Fi-controlled mini-split system, humidifiers, a water heater, pump, and backup generator. Its electrical setup is designed to accommodate conversion from single-phase to three-phase power.

The five-acre residential parcel includes a single-story, three-bedroom home with a flex room, two full bathrooms, and one half bath. Interior features include tile floors and granite countertops. The property also has paid-off solar, natural gas, a backup generator, and a roof replaced in 2024. Ranch improvements include a hay barn, livestock stalls with water access, chicken coop, powered shed or shop, and storage areas. A detached, fully insulated garage/workshop includes an additional half bath.

The combined offering brings together residential, ranch, and agricultural facilities across two parcels, supported by wells and irrigation water rights.

Key Highlights

  • Two properties totaling 20.03 acres
  • Irrigation water rights cover approximately 17.7 acres, with 44.25 acre‑feet of diversion
  • Three wells across the properties

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

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
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?
Farm - The two-parcel holding pairs agricultural production infrastructure with a residence, ranch improvements, and on-site water resources.
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: Two properties totaling 20.03 acres; Irrigation water rights cover approximately 17.7 acres, with 44.25 acre‑feet of diversion; Three wells across the properties
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