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    5045 Bloomfield Hwy Farmington, NM 87401

    For Sale
    $1,647,000

    Established Fruit Orchard, 27 Acres

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1,176,120 square foot property in Farmington, New Mexico, presents a unique investment opportunity. Located at 5045 Bloomfield Hwy, zip code 87401, this established fruit orchard boasts stunning views of the San Juan River and Bisti Bluffs. Family-owned since 1945, the orchard comprises approximately 27.92 irrigated acres, featuring 2,500-3,000 fruit trees across 15 apple varieties, 8 peach varieties, 3 nectarine varieties, 5 plum varieties, 3 prune varieties, pears, apricots, and cherries. The approximate tree distribution is 60% apples, 20% peaches, 10% pears, and 10% other fruits. Irrigation is primarily open flood, supplemented by 10% via 6-inch pipe, with a potential connection to a highway sewer line using a lift system. The property includes three homes, two currently rented, and three agricultural buildings. Home #1, a 1985 brick home (3,381 sq ft total), features 3 bedrooms, 3 bathrooms, an oversized 2-car garage, and updated amenities. Home #2 (1437 sq ft) and Home #3 (1512 sq ft) are both 3-bedroom homes, currently rented. Additional structures include a 2400 sq ft fruit packing barn with cold storage, a 1200 sq ft barn, and a 600 sq ft barn. The property also includes an active gas well, generating royalties, and the homes are currently serviced by natural gas. The well-composted soil contributes to the orchard's productivity. This property offers a compelling blend of agricultural potential, rental income, and natural beauty.

    Property Features for 5045 Bloomfield Hwy

    General Information

    Property type
    Land

    HighLights

    • Exceptional 1,176,120 sq ft Farmington, NM fruit orchard investment opportunity at 5045 Bloomfield Hwy, 87401.
    • 27.92 irrigated acres with ~3,000 fruit trees (apples, peaches, pears, etc.), stunning San Juan River & Bisti Bluffs views.
    • Three homes (one 3,381 sq ft, two ~1,500 sq ft), two currently rented, plus three agricultural buildings (including a 2,400 sq ft packing barn with cold storage).
    • Active gas well generating royalties; homes serviced by natural gas.
    • Open flood irrigation, partially upgraded with 6‑inch pipe; potential highway sewer connection.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Wholesale Shop Auto Repair Shop Auto Parts Store Department Store Kitchen & Bath Food Market Storage Facility HVAC Service Electrical Service Discount Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Farmington
    County
    San Juan
    State
    New Mexico
    Longitude
    -108.1442219
    Latitude
    36.7093507

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    FAQs

    What type of property is this?
    Land - Established Fruit Orchard, 27 Acres
    Where is this land located?
    The property is located at 5045 Bloomfield Hwy Farmington, NM.
    What is the asking price?
    The asking price for this property is $1,647,000.
    What are key features of this property?
    This property features: Exceptional 1,176,120 sq ft Farmington, NM fruit orchard investment opportunity at 5045 Bloomfield Hwy, 87401.; 27.92 irrigated acres with ~3,000 fruit trees (apples, peaches, pears, etc.), stunning San Juan River & Bisti Bluffs views.; Three homes (one 3,381 sq ft, two ~1,500 sq ft), two currently rented, plus three agricultural buildings (including a 2,400 sq ft packing barn with cold storage).
    Request Owner's contact information
    5045 Bloomfield Hwy Farmington, NM 87401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5045 Bloomfield Hwy Farmington, NM 87401
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