Agricultural Land with
For Sale
$545,000
State Highway 55 - Land, Estancia, NM 87016
Land, Estancia, NM
Property SizeContact for details
Lot Size640.00 Acres
Days on Market277
Property Features for State Highway 55 - Land
General Information
Property type
Land
Property subtype
Other
Zoning description
AP
Lot features
Meadow, Views, Acreage, Stream Creek
Directions
From Albuquerque take I-40 E. Go for approximately 35 mi.Take exit 196 toward NM-41/Howard Cavasos Blvd. Turn right onto Howard Cavasos Blvd N (NM-41) toward Estancia. Go for 17.2 mi.Turn right on NM-55. Go approximately 5 miles. Section 7 is on the right. The first corner is at Bluegrass and Hwy 55. The other sides are Peacock Road and Alan Ayers Road West.
Subdivision
292 - Estancia McIntosh
Standard status
Active
APN
1043035130133000000
Lot size
640.00 Acres
Taxes and HOA fees
Tax Annual Amount
54
Utilities
Water source
Well, Private
Building Details
Additional Structures
Outbuilding
Listing Agency:
The Sanchez Group Realty
(505) 384-3042
Listed By:
Clint Hanley · License #REC20220063
(509) 314-5002
Added: Jan 21
Changed: Oct 21
Last Checked: Oct 25 at 7:06PM
MLS# 1097498
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.
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Investment Insights
Based on property information with market context.
This 640-acre agricultural property includes perimeter fencing, two double-car concrete-block garage/shop buildings, and three wells. One well has a pump, pressure tank, well house, and cattle trough; running water has been observed, but the well has not been professionally inspected. A second well has power, a pump, and a cattle trough, but no pressure tank. The third uses a windmill pump and has no electric power or pressure tank; its system may need repair. Water status for the second and third wells is unverified.
Paved frontage on NM Highway 55 runs along one side, with gravel county roads bordering the other three. An abandoned homestead building is unsafe to enter and described as uninhabitable and not salvageable. The septic system, if any, is unknown and assumed to be unpermitted. The property appears to be zoned AP-10; any subdivision would require application and Torrance County approval.
Paved frontage on NM Highway 55 runs along one side, with gravel county roads bordering the other three. An abandoned homestead building is unsafe to enter and described as uninhabitable and not salvageable. The septic system, if any, is unknown and assumed to be unpermitted. The property appears to be zoned AP-10; any subdivision would require application and Torrance County approval.
Key Highlights
- 640 acres, or one square mile, of agricultural land
- Paved frontage on NM Highway 55; gravel county roads border the other three sides
- Perimeter fencing is in place on all four sides
Property Analytics
Who owns this building?
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Lease Details
Yes
Fenced yard
Yes
Paved road access
Yes
Water rights
Location Intelligence
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?
Agricultural land / Farmland - Two concrete-block garage and shop buildings provide covered space for equipment and tools.
Where is this agricultural land / farmland located?
The property is located at State Highway 55 - Land Estancia, NM.
What is the asking price?
The asking price for this property is $545,000.
What are key features of this property?
This property features: 640 acres, or one square mile, of agricultural land; Paved frontage on NM Highway 55; gravel county roads border the other three sides; Perimeter fencing is in place on all four sides
