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of NM187 / NM546 Cor Garfield, NM 87933

For Sale
$550,000

Irrigated farmland with excellent water rights.

Description

Added:
Dec 11, 2024
Days on Market:
370
This exceptional 29.66-acre agricultural property presents a unique investment opportunity in Derry, New Mexico. Located at the corner of NM 187 and NM 546, this land boasts convenient access to major highways, offering both accessibility and strategic positioning. The property includes approximately 17 acres of irrigated land, utilizing both Elephant Butte Irrigation District (EBID) water and well water, ensuring a reliable water source for consistent agricultural production. Currently producing alfalfa, this land offers immediate income potential and the flexibility to explore diverse agricultural ventures. Its location just 13 miles north of Hatch, New Mexico, the renowned "Chile Capital of the World," provides proximity to a thriving agricultural market. The property's size and water rights make it an ideal investment for both established farmers seeking expansion and new entrants to the agricultural sector. The combination of highway frontage and fertile, irrigated land creates a compelling opportunity for a variety of uses, including farming, ranching, or even a potential homesite. The asking price is $550,000. This property is situated in Sierra County, New Mexico, with a zip code of 87933. The coordinates are 32.780748 latitude and -107.273566 longitude.

Property Features for of NM187 / NM546 Cor

General Information

Property type
Farms
Lot Size
1,291,990 SF

HighLights

  • 29.66‑acre agricultural property in Derry, NM, at the corner of NM 187 and NM 546.
  • 17 acres of irrigated land with EBID and well water, currently producing alfalfa.
  • Located 13 miles north of Hatch, NM, offering proximity to a strong agricultural market.
  • $550,000 asking price.
  • Sierra County, NM, zip code 87933 (32.780748, -107.273566).
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Garfield
County
Sierra
State
New Mexico
Longitude
-107.273566
Latitude
32.780748

FAQs

What type of property is this?
Farm - Irrigated farmland with excellent water rights.
Where is this farm located?
The property is located at of NM187 / NM546 Cor Garfield, NM.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 29.66-acre agricultural property in Derry, NM, at the corner of NM 187 and NM 546.; 17 acres of irrigated land with EBID and well water, currently producing alfalfa.; Located 13 miles north of Hatch, NM, offering proximity to a strong agricultural market.
More about this property
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