Added: Feb 23Changed: Sep 23Last Checked: Oct 12 at 9:27PM
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Investment Insights
Based on property information with market context.
Located approximately 45-50 minutes from Albuquerque, this cannabis operation features both indoor and outdoor production capabilities. The property includes substantial water rights and infrastructure, such as climate control, humidifiers, CO2 generators, wall fans, carbon filtration, reverse osmosis water filtration, UV lights, and a security system. The 1500 square foot building is equipped with AC Infinity inline intake fans, Phat fan exhaust fans with carbon filters, Quest dehumidifiers, Nanolux HPS/MH lights, Growers Choice LED lights, Pro-Guard air purifiers, a Trolmaster Hydro X Pro Controller, water storage tanks, ShurFlo water pumps, a Trolmaster Hydro X Controller, a water heater, a Growonix Reverse Osmosis system, and a Lorex security camera system. It also contains living soil beds, Floraflex LED clone lights, EZ clone machines, Hurricane wall fans, a TV, digital door locks, a mini fridge, seeds, a table, pots, trays, a rolling cart, a heat seal packaging machine, fabric pots, water hoses, and a CCD compliant weigh scale. The 1000 square foot building features a walk-in vault, tankless water heater, a full bathroom with a custom walk-in shower, a Quest dehumidifier, wall fans, steel racks, a Growonix Reverse Osmosis system, and a Lorex security camera system. Additional equipment includes televisions, a desktop computer, a scanner, a Zebra Direct thermal label printer, a TSC thermal transfer label printer, a couch, a refrigerator, a microwave, plastic racks, and tables. The property has grandfathered in cannabis business licenses being issued by Torrance County which will transfer to the buyer. It also includes a well drilled to 340 feet, a 20-person commercial septic system, a front gate automatic system, and commercial, irrigation, and domestic water meters. The property features a gravel driveway, an approximately 4-acre outdoor grow space with 6’ fencing, a 50 amp electrical hookup between buildings, frost-free water hydrants and additional equipment. There are also six hoop houses.
Key Highlights
Grandfathered cannabis business licenses transferable to the buyer in Torrance County.
Fully equipped indoor and outdoor cannabis operation ready for immediate use.
Substantial water rights with commercial, irrigation, and domestic water meters.
Property Analytics
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Current Use
Cannabis Properties
Suggested Use
Top PickComputer & Electronic Repair
Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.
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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Cannabis property - Well-designed cannabis operation near Albuquerque with indoor and outdoor capabilities.
Where is this cannabis property located?
The property is located at 7 Howell Rd W Estancia, NM.
What is the asking price?
The asking price for this property is $985,000.
What are key features of this property?
This property features: Grandfathered cannabis business licenses transferable to the buyer in Torrance County.; Fully equipped indoor and outdoor cannabis operation ready for immediate use.; Substantial water rights with commercial, irrigation, and domestic water meters.
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New: 350 Mission StJust listed · $36/SF · 2 min ago